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FARMERS INSURANCE SETTLEMENT
Forget stocks, you can now profit from Mumbai rains! Here's how NCDEX's unique weather futures workNCDEX has launched India’s first exchange-traded weather derivative contract, RAINMUMBAI, allowing traders and businesses to hedge against ...- NCDEX launches India’s first rainfall-based weather derivatives contractNCDEX has launched RAINMUMBAI, India’s first SEBI-approved exchange-traded weather derivatives contract based on Mumbai rainfall. Built wit...
- NCDEX launches India’s first weather derivatives contract based on Mumbai rainfallNCDEX has announced India’s first SEBI-approved exchange-traded weather derivatives contract, “RAINMUMBAI”, aimed at helping market partici...
- Could you claim up to $25,000 from this $1.2 million Farmers Insurance settlement? Here's who can receive settlement moneyNew Mexico drivers may be eligible for up to $25,000 from a $1.2 million Farmers Insurance settlement. The lawsuit concerns underinsured mo...
- Shivraj Singh Chouhan to transfer crop insurance claims worth Rs 3,200 cr to 30 lakh farmers on MondayAgriculture Minister Shivraj Singh Chouhan will digitally transfer Rs 3,200 crore in crop insurance claims to 30 lakh farmers under PMFBY d...
- Centre orders insurance firm to pay Rs 225 cr to Maharashtra farmers in a weekThe Central government ordered an insurance company to settle pending crop insurance claims worth up to Rs 225 crore for approximately 2 la...
- Farmers pay Rs 32,440 crore premium under PMFBY; claims worth over Rs 1.64 lakh crore clearedUnder the scheme, comprehensive risk coverage for crops against all non-preventable natural risks -- from pre-sowing to post-harvest stages...
- Proposal to blacklist ICICI Lombard sent to Maharashtra government over crop insurance delay, says Akola collectorThe company said it was in talks with government officials and will extend full cooperation for quick settlement of all claims. ICICI Lomba...
- Maharashtra: Excessive rainfall-affected farmers upset over getting paltry amounts as crop insuranceAn official from the state relief and rehabilitation department said 7.48 lakh farmers from Aurangabad district availed the government's cr...
- Reliance General Insurance's refusal to pay crop claims can become a law & order issue, Maharashtra tells CentreRGICL, which covers 10 districts of Maharashtra under the Pradhan Mantri Fasal Bima Yojana (PMFBY), in its correspondence with the state co...
- Over Rs 1,000 cr crop insurance dues not paid, says BJDBJD party spokesman Sasmit Patra said till Kharif 2020, the total premium paid to insurance companies was Rs 6163.28 crore while the paymen...
- Lockdown slows down claim settlements of crop insurance scheme“Claim settlement progress has been impressive in Himachal Pradesh, Uttar Pradesh and Maharashtra, where almost all the claims have been se...
- Gujarat to junk crop insurance scheme, set up own fundThe Gujarat government plans to scrap its crop insurance scheme, following complaints of claim rejections from farmers, and set up a separa...
- Tech holds key to fast-tracking crop insurance claimsThe use of tech to expedite claims has become even more important as the govt has mandated to settle insurance claims within two months of ...
- In poll season, govt fast-tracks farm insurance payments, makes mechanism more user friendlyIn major agri states like UP, Rajasthan and Gujarat, insurance companies have already settled 90 per cent of claims
- Insurers settle farmers' Rs 11,899-crore claims under PMFBY for 2017 kharif seasonUnder the flagship crop insurance scheme, both central and states provide premium subsidy in the 50:50 ratio over and above farmers' premiu...
- Government to fast-track 'Fasal Bima Yojana' with new professional teamPMFBY was launched in 2016 under which farmers pay very nominal premium and get full claim for damages. The scheme is being implemented in ...
- As crops fall, insurance must rise to curb farmer suicidesThe alarming frequency of crop failures and ensuing farmer distress and suicides must force the government to put more attention and resour...
- Less than 20% farmers take crop insurance: StudyThere are about 32 million farmers who have been enrolled in various crop insurance schemes across India.
- Tech to speed up agri insurance claim settlementThe 10-year-old National Agriculture Insurance Scheme (NAIS) is one of the largest insurance plans for farmers in the world.
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