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'Farm insurance claims of over ₹5k-cr pending'
Hindustan Times Navi Mumbai
|July 30, 2025
Insurance firms owe sums running into several thousands of crore to farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY), a flagship state-run crop insurance scheme, despite a series of steps to ensure timely compensation, Union agriculture minister Shivraj Singh Chouhan said in a written reply in Lok Sabha on Tuesday.
Claims totaling ₹5,405 crore across several seasons, or nearly 6% of overall applications for payouts, were pending under the scheme until the kharif or summer-sown season of 2024, according data cited in reply to a question by Hanuman Beniwal, an MP from RLP.
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