Government not to change farmers' share of premium under Pradhan Mantri Fasal Bhima Yojana

The government will not change the premium of the farmers' share in the insured crops through the Pradhan Mantri Crop Insurance Scheme (PMFBY). Along with this, a senior official of the Ministry of Agriculture has informed about this effect. Along with this, Ashish K., CEO of PMFBY and Joint Secretary in the Ministry of Agriculture, at an agricultural conference. Bhutani said, 'The change in the premium of farmers is not right. At the same time, the change in premium share of farmers under the crop insurance scheme is not going to change under any circumstances. 'Bhutani clarified that neither the premium of the farmers has been changed nor can it be abolished in future.

Regarding the criticisms regarding delay in settlement of payment claims to farmers, the official said that this is mainly due to three reasons. At the same time, he said, 'The main reason for this delay is not timely arrival of state subsidies. The second is the delay in giving crop insurance usage (CCE) data to insurance companies. The third reason is the controversy raised by the companies on the CCE data collected by the states. Bhutani said that some changes have been made in the plan to address these problems. Along with this, states will not be allowed to implement the scheme in subsequent sessions in case there is considerable delay in issuing the required premium subsidy to the insurance companies beyond the stipulated time limit. He said that the cut off dates for implementing this provision for the Kharif and Rabi seasons would be 31 March and 30 September respectively. At the same time, denying the news that companies do not have arbitrary insurance companies to gain money under the scheme, the official said, 'This is not right. In motor insurance, there is a third party assessor, but here the state government has the entire exercise of claim competition. Companies have the right to co-inspect the experiments conducted by the state government.

According to the official, if CCE data is not given on time, then technology can be used to collect data for the purpose of timely payment of claims. The official said that in the PMFBY scheme, CCE is currently running on outdated technology, which is prone to manipulation. The official said that it needed to take steps towards technology-based assessment. He said that the government has hired 13 agencies to work on crop and sector specific yield estimates through technology. It is being said that Prime Minister Narendra Modi launched the Prime Minister Crop Insurance Scheme in February 2016. At the same time, under the scheme, comprehensive crop insurance is provided to farmers for their crops at a very low premium in the event of a natural disaster. At the same time, crop insurance cover is provided for pre-sowing to post-harvest at a premium rate of two percent for kharif crops, 1.5 percent for rabi crops and five percent for horticulture and cash crops.

Source: News Track Live

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