Implementation of PMFBY
(a) the number of beneficiaries registered under the Pradhan Mantri Fasal Bima Yojana (PMFBY) and the average premium paid by these beneficiaries;
(b) the number and value of claims received and processed each month since the scheme''s introduction and the average value of processed settlements;
(c) the number of claims currently pending or dismissed;
(d) whether Government has taken measures to oversee the processing of these claims; and
(e) if so, the details thereof and if not, the reasons therefor?
GOVERNMENT OF INDIA
MINISTRY OF AGRICULTURE AND FARMERS WELFARE
RAJYA SABHA
UNSTARRED QUESTION NO-23 ANSWERED ON-15.12.2017
Implementation of PMFBY
23 . Prof. M.V. Rajeev Gowda
(a) the number of beneficiaries registered under the Pradhan Mantri Fasal Bima Yojana (PMFBY) and the average premium paid by these beneficiaries;
(b) the number and value of claims received and processed each month since the scheme''s introduction and the average value of processed settlements;
(c) the number of claims currently pending or dismissed;
(d) whether Government has taken measures to oversee the processing of these claims; and
(e) if so, the details thereof and if not, the reasons therefor?
ANSWER
MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND FARMERS WELFARE
(SHRI PARSHOTTAM RUPALA)
(a) to (e): Pradhan Mantri Fasal Bima Yojana (PMFBY) has been under implementation in the country since Kharif 2016 season. As per provisions of the scheme, farmer has to pay maximum premium of 2% during Kharif season and 1.5% during Rabi season for food and oilseed crops and maximum 5% for annual commercial/horticultural crops and remaining part of the actuarial/bidded premium is shared equally by the Central and State Government.
During 2016-17 (both Kharif 2016 and Rabi 2016-17), Rs. 4403.74 crore was collected as premium from 5.71 crore farmer applicants with an average of Rs. 771.23 per farmer applicant.
As per scheme provisions claims are worked out on the basis of yield data furnished by the concerned States/Union Territories and settled by the concerned insurance companies on receipt of Central and State Government share in premium subsidy. During 2016-17, claims of about Rs. 15549 were estimated, of which Rs. 13292 crore have already been approved. Out of which Rs. 12020 crore have been paid to about 1.16 crore farmer applicants. Claims in few notified insurance unit areas/crops are pending due to reasons such as incomplete bank details of insured individual farmers for transfer of claim amount, clarifications sought on yield data/area sown by concerned insurance companies, pendency of reinsurer’s decision on settling the claims of extended period during Rabi 2016-17 etc. Government is regularly monitoring the progress in the matter with concerned States and insurance companies for early settlement of the remaining claims.
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http://164.100.158.235/question/annex/244/Au23.doc
Source: Rajyasabha
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