In the context of an alarming increase in the farmers’ suicide, the Government of Maharashtra announced a Special Package of Rs. 1,075 crore for six districts of Western Vidarbha (December, 2005). Subsequently, Hon’ble Prime Minister Dr.

The Government of India have introduced a comprehensive scheme of crop insurance throughout the country from Kharif 1985 season covering major crops viz., cereals, oilseeds and pulses. The impact of crop insurance scheme is more pertinent in the state like Gujarat as it alone accounts for almost 43 per cent of total claims.

Agriculture in India is subject to variety of risks arising from rainfall aberrations, temperature fluctuations, hailstorms, cyclones, floods and climate change. These risks are exacerbated by price fluctuation, weak rural infrastructure, imperfect markets and lack of financial services including limited span and design of risk mitigation instruments such as credit and insurance.

CSE: 90lakh farmers get cropes insurance out of 3 crore. A farmer in Mathura received a waiver of 1 Paisa on Interest in the loan by the government of India. Time 06:40 to 09:15.

Government's crop insurance scheme is under the scanner after Centre for Science & Environment analysis claimed that insurance companies made profits worth 10,000 crore whereas 70% farmers are still waiting for their claims. On Reality Check we debate whether Pradhan Mantri Fasal Bima Yojna is insurer's gain and farmers loss.