Private insurance companies benefited the most from PM Fasal Bima Yojana: Report

Source: Down to Earth What is the news? Under the flagship scheme for crop insurance PMFBY, it is the private insurance companies that have benefited the most than the public insurance companies. Context The Pradhan Mantri Fasal Bima Yojana (crop insurance scheme) may have benefited some farmers, but insurance companies have made most of the… Continue reading Private insurance companies benefited the most from PM Fasal Bima Yojana: Report

Panel ‘disappointed’ about no data on complaints resolved under PMFBY

Source: Down to Earth Relevance: Issues with PMFBY Synopsis: Grievance redressal mechanism set up under PMFBY suffers from various issues, thus impairing the overall efficiency of the scheme. A look at the issues involved and measures that can be taken. Context The parliamentary Standing Committee on Agriculture was ‘surprised and disappointed’ to know that there… Continue reading Panel ‘disappointed’ about no data on complaints resolved under PMFBY

Parliamentary panel flags Fasal Bima plan woes

Source: Times of India Relevance: Analysis of Pradhan Mantri Fasal Beema Yojana (PMFBY). Synopsis: Issues with PMFBY and recommendations to make it more efficient. Context A parliamentary panel has expressed concerns over withdrawal or non-implementation of Pradhan Mantri Fasal Beema Yojana (PMFBY) in few states and held that more such examples will defeat the very… Continue reading Parliamentary panel flags Fasal Bima plan woes