Kharge says Fasal Bima Yojana not serving purpose

Reacting to the poor claims settlement under the Union government’s ambitious initiative Pradhan Mantri Fasal Bima Yojana (PMFBY), Leader of the Congress in the Lok Sabha M. Mallikarjun Kharge has said that the scheme was not intended to serve farmers interests but aimed at filling the coffers of insurance companies.

Chairing the District Development Coordination and Monitoring Committee (DDCMC)-DISHA meeting here on Thursday, Mr. Kharge said that the Centre was collecting crores of rupees as premium from farmers in each district, and the claim settlement is extremely low. The Lead Bank officials, and Joint Director of Agriculture Department Rithendranath Sugoor said that during the 2017-18 kharif season, 81,912 farmers paid Rs. 8.78 crore crop insurance premium under PMFBY, while the bank disbursed Rs. 3.53 lakh claim settlements to 143 insured farmers.

As many as 6,547 loanee farmers and 10,533 non-loanee farmers have enrolled for the 2018-19 kharif season, the officials said. “It seems that the government is surviving on farmers money; it is better to abolish such anti-farmer schemes,” Mr. Kharge added. The Lead Bank in Kalaburagi has opened 46,046 accounts of new entrepreneurs and given Rs. 292.84 crore loans under three categories — Shishu, Kishor and Tarun — under the Pradhan Mantri Mudra Yojana. Under Stand-up India scheme, the Lead Bank has opened 19 new accounts — eight Scheduled Castes, two Scheduled Tribes and nine women — to facilitate bank loans between Rs. 10 lakh and Rs. 1 crore. The banks have sanctioned Rs. 4.12 crore and disbursed Rs. 2.57 crore as loan.

Of the 2.31 lakh persons enrolled under Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jivan Jyoti Bima Yojana and Atal Pension Yojana in the district, only 242 claims have been settled till March 31 this year, officials said.

Source: Read Full Article