Centre To Policy Decision Regarding Small Amount Claims Under PMFBY

Centre will soon take a policy decision regarding the claims of small amounts under the Pradhan Mantri Fasal Bima Yojana (PMFBY), said Union Minister of State for Agriculture and Farmers Welfare Kailash Choudhary. 

While speaking to the media, he said that the distribution of claims to farmers is done application-wise, so there can be a situation where less claims have been received due to the small area. 

He added," In this regard, some data has been tested, in which it has been seen that the same farmer has many fields, but the amount of claims on his small field is less and the amount of claims is more on the big field," 

Admitting that low insurance claims can lead to dissatisfaction among the farmers, Choudhary said that consultation with the state governments and companies is necessary, which will take some time for necessary action to deal with this situation.

Choudhary also informed that on January 6, 2023, the Centre wrote to all insurance companies that the claims of all the applications of any farmer should not be separately taken out but should be calculated in a consolidated manner so that the farmer can understand easily and at one go that how much he will get in total. 

Giving the example of Maharashtra, he stated that the government has made a policy regarding the minimum claim amount, where if the claim amount is less than Rs 1000, then the remaining amount is borne by the State government and the farmer is paid a minimum of Rs 1,000. 

"This provision is not there in other states, which includes Rajasthan, so a policy decision will be taken soon by the central government in the interest of the farmers after discussing with all the states in this regard," he mentioned. 

Chaudhary reassured all the farmers of Rajasthan that the central government is examining this matter at its level and the farmers will be paid the appropriate claim amount.