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Escrow Accounts by States a Must Under Crop Insurance Plan

Financial Express Delhi

|

June 11, 2025

To Reduce Delays

- SANDIP DAS

TO REDUCE DELAYS in claim settlement under the Pradhan Mantri Fasal Bima Yojana (PMFBY), the government has made it mandatory for states to open escrow accounts for payment of their share of funds on time from the next kharif season (2025-26).

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