Maharashtra tops PMFBY insurance claim payouts

Maharashtra, India's largest state economy and home to the country's biggest business groups, has emerged as the top recipient of payouts under the Centre's flagship crop insurance scheme, the Pradhan Mantri Fasal Bima Yojana (PMFBY), officials said, quoting government data.

- Vijay C. Roy

Some other large and industrialized states also figured in the list of top recipients of crop insurance claims, indicating that while industrialization is driving growth, farm plays a key role in providing livelihoods. These states include Karnataka, Tamil Nadu, Haryana and Uttar Pradesh.

In the data as on 15 August, India's total payout as crop insurance claims was at ₹47,602 crore for 2022-23 to 2024-25 (up to kharif 2024).

In the list of the top 10 states for the claim payouts, Uttarakhand got the lowest amount since it had fewer claimants and also a smaller population covered under the scheme.