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

In Maharashtra, linking land records to PM Fasal Bima saves time, plugs leaks

News:Maharashtra has become the first state in the country to integrate its land records with the web portal of the Pradhan Mantri Fasal Bima Yojana(PMFBY). Facts: The integration of land records with the PMFBY has helped in saving of time and plugging leakages as the land records will be available online. It also does away… Continue reading In Maharashtra, linking land records to PM Fasal Bima saves time, plugs leaks