Farmers of Barmer will get full claim of crop insurance scheme
In an important decision taken in a high-level review meeting in New Delhi today regarding the Pradhan Mantri Fasal Bima Yojana, Shri Narendra Singh Tomar, the Union Agriculture, and Farmers Welfare Minister, it was decided to pay all the pending Kharif 2021 claims to the farmers of Barmer. India’s Agriculture Insurance Company announced last week that it had settled 311 crore worth of partial claims. Farmers will get an extra 229 crore from the insurance company after today’s meeting. The claim payment of Rs 540 crore to Barmer farmers will be expedited. The meeting was attended by the Union Minister of State for Agriculture and Farmers Welfare, Shri Kailash Choudhary, senior officials from the Finance and Agriculture Ministries, the Chairman of Agriculture Insurance Company, and the Rajasthan Agriculture Commissioner.
Shri Narendra Singh Tomar, Union Agriculture, and Farmers Welfare Minister said the Pradhan Mantri Fasal Bima Yojana has provided better financial security to crores of farmers in case of crop loss. Making decisions that are in the best interest of farmers makes it easier for them to get crop insurance so they don’t run into any problems. The Central Government will soon decide how to handle small claims under the Crop Insurance Scheme after talking to the State Governments and insurers.
In the meeting, there was a thorough discussion about the ease of the crop insurance scheme and the proposed solutions for small claims, in which it was also decided to pay all eligible claims at once.
*News Source: PIB India*