Farmers, reeling under crop losses, feel the Centre’s crop insurance scheme is merely helping insurance firms make profits. Radheshyam Jadhav reports
After completing his graduation, Ramkisan Nirmal took up a challenge. Unlike other youths who prefer to migrate to nearby cities in search of jobs, Ramkisan dreamed of becoming a farmer and prove that with modern technology and efforts, agriculture could become a profitable venture.
In his drought-prone village of Thergaon in Aurangabad district, Ramkisan was among those farmers who celebrated when the Centre announced the Pradhan Mantri Fasal Bima Yojana (PMFBY) in 2016.
The government promised a simple and affordable crop insurance scheme to ensure comprehensive risk cover for crops against all non-preventable natural risks — from pre-sowing to post-harvest — and to provide adequate claim amount and timely settlement of claims.
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