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Govt says crop insurance claims worth Rs 2,761.10 cr pending under PMFBY till 2021-22

Govt says crop insurance claims worth Rs 2,761.10 cr pending under PMFBY till 2021-22

by AIP Online Bureau | Aug 8, 2023 | Indian News, Non-Life, Reinsurance

Narendra Singh Tomar, Union Agriculture Minister Out of the pendency of claims, the maximum was in Rajasthan (Rs 1,387.34 crore), followed by Maharashtra (Rs 336.22 crore), Gujarat (Rs 258.87 crore), Karnataka (Rs 132.25 crore) and Jharkhand (Rs 128.24 crore), the...
Odisha govt selects four insurers to provide covers for Kharfi 2023 to Rabi 2025-26

Odisha govt selects four insurers to provide covers for Kharfi 2023 to Rabi 2025-26

by AIP Online Bureau | Jul 14, 2023 | Eco/Invest/Demography, Indian News, Non-Life

Four insurance companies have been selected through e-tender, namely – Agricultural Insurance Company of India Ltd, SBI General Insurance Company Ltd., Future Generali India Insurance Ltd. and Reliance GIC Ltd for this cycle The farmers’ share of premium under...
Jagan Mohan Reddy releases Rs 1,117 crore for crop insurance claim payments

Jagan Mohan Reddy releases Rs 1,117 crore for crop insurance claim payments

by AIP Online Bureau | Jul 8, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy

YS Jagan Mohan Reddy, Chief Minister,Andhra Pradesh So far, 54, 48,000 farmers got free insurance of Rs. 7802crores in the last four years while only Rs 3,411 crore was paid to 35, 80,000 farmers in the 5 years of drought-hit TDP rule, said the Chief Minister...
Maha: HDFC Ergo General Insurance appointed to implement Centre’s crop insurance scheme in Akola

Maha: HDFC Ergo General Insurance appointed to implement Centre’s crop insurance scheme in Akola

by AIP Online Bureau | Jun 30, 2023 | Indian News, Non-Life

Earlier, Collector Nima Arora had recommended to the state government to blacklist ICICI Lombard in the district after a case was registered against 10 representatives of the company on March 21 at Khadan police station in Akola Akola: The administration has appointed...
Odisha to provide free crop insurance to farmers for 3 years

Odisha to provide free crop insurance to farmers for 3 years

by AIP Online Bureau | May 23, 2023 | Indian News, Non-Life, Reinsurance

”The Cooperation Department would bear the premium of the insurance from the 2023 Kharif season to the 2025-26 Rabi season. Odisha is the first state in the country to provide free crop insurance to farmers,” he said Bhubaneswar: The Odisha government on...
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