Pm Fasal Bima Yojana: Corp inc
Pm Fasal Bima Yojana: Corp inc
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Use UptoPlay to play online the game Pm Fasal Bima Yojana: Corp inc.
Crop Insurance is an integrated IT solution and a web-based ecosystem to speed up service delivery, unify fragmented databases, achieve a single view of data, and eliminate manual processes. Crop Insurance provides insurance services to farmers faster than before.
The Government is endeavouring for the integration of all the stakeholders viz. farmers, insurance companies, financial institutions & Government agencies on single IT platform. This will ensure better administration, coordination & transparency for getting real time information and monitoring.
This is a stable, secure and seamlessly integrated ecosystem created with a comprehensive view of data in a secure environment thereby enabling information access to multiple stakeholders viz. Farmers, Govt. Functionaries, Insurance Companies, Intermediaries, Bankers and social & community bodies.
Crop Insurance portal has enabled the digitization of notification of areas, crops, schemes for enabling information access to multiple stakeholders thereby facilitating ease of access to the farmers in availing crop insurance services. This automated solution has opened a window of opportunity to remote and economically weak farmers to benefit from crop insurance services.
Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme was launched in India by Ministry of Agriculture & Farmers welfare, New Delhi from Kharif 2016 season onwards. National Insurance Company started participating in PMFBY from Rabi 2016 onwards and covered 8 States and 2 Union Territories during the past 5 seasons namely, Rabi 2016-17, Kharif & Rabi 2017 and Kharif & Rabi 2018 covering 70,27,637 farmers. Farmers share of premium is Rs. 453 crores and with subsidy from State/Central Govts RS.1909 Crores, gross Premium is Rs.2362 Crores for the 5 seasons together. Whilst the claims of Kharif 18 and Rabi 18 are under process, we have closed the first 3 seasons with a gross premium amount of Rs.1804 Crores collected from 35,22,616 farmers and claims to the tune of Rs.1703 crores were paid, by which 17,66,455 no of farmers benefited, which shows almost 50% of the farmers insured were benefitted.
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