Insurance companies are encouraged to include applicants in the crop insurance scheme

Karnataka Minister tells insurance companies not to set up their offices on the premises of the Ministry of Agriculture

The government of Karnataka has ordered insurance companies to include the names of farmers’ family members as candidates while providing crop insurance coverage under the Pradhan Mantri Fasal Bima Yojana (PMFBY ).

Agriculture Minister BC Patil called on insurance company officials to include family members of farmers as applicants to ensure payment of the insurance amount to applicants in the event of the death of the insured member / farmer.

So far, insurance companies have not included applicants while providing crop insurance coverage to farmers, which has caused many difficulties in paying the amount of insurance to farming families. , according to official sources from the Ministry of Agriculture.

In addition, Mr. Patil asked the insurance companies not to set up their offices in the premises of the agricultural department in the districts and taluks, and asked them to open offices outside the offices. department and provide a GPS link from the location to the department.

Farmers were asked to provide Aadhaar related bank account numbers to insurance companies to claim the insurance amount for crop losses.

During the 2018-19 Kharif season, 12.80 Lakh farmers claimed crop insurance of 2,595.86 crore, and among them, 12.73 Lakh farmers received ₹ 2,586.27 crore. The insurance amount of 9.58 crore for 6,215 farmers had not been settled.

In the 2019-2020 rabi season, 6.81 lakh farmers applied for crop insurance of 771.81 crore, and among them 6.44 lakh farmers received 736.37 crore. The insurance amount of 35.43 crore for 37,202 farmers had not been settled due to the non-link of the farmers’ bank account with Aadhaar or inactive accounts.

During the 2020 kharif season, 11.01 lakh farmers have chosen to insure their crops on 12.81 lakh hectares, according to an official press release.

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