Karnataka Minister tells insurance firms not to arrange their places of work inside premises of Agriculture Department
The Karnataka authorities has directed insurance firms to mandatorily include names of relations of farmers as nominees whereas offering insurance protection for crops below the Pradhan Mantri Fasal Bima Yojana (PMFBY).
Minister for Agriculture B.C. Patil has instructed officers of insurance firms to include relations of farmers as nominees to guarantee fee of insurance quantity to nominees in case of dying of the insured member/farmer.
So far, insurance firms haven’t been together with nominees whereas providing crop insurance cowl to farmers, which has prompted a number of difficulties in fee of insurance quantity to households of farmers, in accordance to official sources in the Agriculture Department.
Moreover, Mr. Patil instructed insurance firms not to arrange their places of work in the premises of agriculture division in districts and taluks, and directed them to open places of work outdoors the division’s places of work and supply GPS hyperlink of the situation to the division.
Farmers have been informed to present Aadhaar linked checking account numbers to insurance firms for claiming the insurance quantity for crop loss.
In the 2018-19 kharif season, 12.80 lakh farmers claimed crop insurance of ₹2,595.86 crore, and of them 12.73 lakh farmers acquired ₹2,586.27 crore. Insurance quantity of ₹9.58 crore pertaining to 6,215 farmers had not been settled.
In the 2019-20 rabi season, 6.81 lakh farmers claimed crop insurance of ₹771.81 crore, and of them 6.44 lakh farmers acquired ₹736.37 crore. Insurance quantity of ₹35.43 crore pertaining to 37,202 farmers had not been settled due to non-linkage of checking account of farmers with Aadhaar, or inactive accounts.
In 2020 kharif season, 11.01 lakh farmers opted to insure their crops on 12.81 lakh hectares, in accordance to an official press launch.