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This Report of the Standing Committee on Agriculture, Animal Husbandry and Food Processing deals with the Action Taken by the Government on the Observations/Recommendations contained in the Twenty Ninth Report (Seventeenth Lok Sabha) of the Standing Committee on Agriculture (2020-2021) on the Subject 'Pradhan Mantri Fasal Bima Yojana - An Evalua

Delay in settlement of claims defeats the very purpose of the flagship Pradhan Mantri Fasal Bima Yojana said the Parliamentary Standing Committee On Agriculture in the report tabled in Lok Sabha. This is not acceptable in any way said the report

This paper’s focus is identifying the reasons for failure of PMFBY in most of the states despite its improved features, and comparing these states with a state where it has been relatively successful.

Question raised in Lok Sabha on Beneficiaries of PMFBY, 16/07/2019. During 2018-19, about 561 lakh farmer applicants were covered at subsidized premium rates under Pradhan Mantri Fasal Bima Yojana (PMFBY) in the country. Out of which, about 85 lakh farmers got insurance claims due to loss of their insured crops.

Question raised in Lok Sabha on Loss of Crops Due to Natural Disasters, 09/07/2019. Crop insurance is a financial tool to insure losses to crops of farmers against natural calamities like flood, drought, pests & diseases and deviation in weather parameters on payment of admissible premium to the concerned insurance company.

Question raised in Lok Sabha on Crop Insurance Schemes, 25/06/2019. State-wise details of claim ratio during 2016-17, 2017-18 and 2018-19 (Provisional for Kharif 2018 season only as complete data is not available for Rabi 2018-19) are Annexed.

More than 2,000 voters, mostly farmers and their family members, in at least four villages, have boycotted polling in protest against non-payment of crop insurance for the year 2017-18.

Researchers and policymakers have long understood the benefits of crop insurance but have been consistently disappointed by the poor performance of these programs.

Question raised in Lok Sabha on Compensation under PMFBY, 18/12/2018. State-wise Details of enrolments, estimated claims and claims paid under Pradhan Mantri Fasal Bima Yojana (PMFBY) during 2016-17 and 2017-18 are given in Annexure-I. Inspite of overall good monsoon during first two years of implementation of PMFBY, the claim ratio during 2016-17 is about 73% and during Kharif 2017, it is about 86%. Moreover, high claims are paid by insurance companies in the areas/States hit by the natural calamity/adverse weather conditions.

Question raised in Lok Sabha on Benefits from PMFBY, 11/12/2018. Pradhan Mantri Fasal Bima Yojana (PMFBY) and Restructured Weather Based Crop Insurance Scheme (RWBCIS) are available for all the farmers including sharecropper tenant farmers growing the notified crops in the notified areas. Season-wise details of farmers enrolled, premium received, claims processed, claims approved, claims paid and pending are given in Annexure.