Who's benefiting from crop insurance: SC to government

Continuing suicides and intermittent protests by farmers across the country prompted the Supreme Court on Thursday to ask why the much publicised Pradhan Mantri Fasal Bima Yojana (PMBFY) had not provided relief to the hapless farmers. While the government said that it is the first year and they are ironing out the problems, a look at the details of this first year's implementation throws up more systemic issues.

Responding to a question, agriculture minister of state Purushottam Rupala told the Lok Sabha on 28 March 2017 that insurance companies collected over Rs 9,000 crore as premium for the kharif season in 2016......................Read more


Source: The Times of India

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