Question raised in Rajya Sabha on Compensation for loss of crops due to floods and drought, 10/04/2017

Question raised in Rajya Sabha on Compensation for loss of crops due to floods and drought, 10/04/2017. Pradhan Mantri Fasal Bima Yojana (PMFBY) provides for comprehensive risk coverage for crop loss due to non-preventable natural risks including flood and drought and during Kharif season in the current year claims have been settled by concerned insurance companies for various perils including flood and drought. As per available data, State-wise details of claims paid by various implementing insurance companies during Kharif 2016 season are annexed.

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