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Crop Insurance Schemes: Unstarred Question in Loksabha

Crop Insurance Schemes

(a) the total number of registered Government/Private insurance companies in the country under the various crop insurance schemes, State-wise including Haryana; 
(b) the premium paid by the Union Government, State Governments and Farmers to these insurance companies during the last two years, company-wise; 
(c) the total funds sanctioned and the total funds released by these insurance companies during the said period; and 
(d) the funds released by the Insurance companies to the farmers for their damaged crops during the last two years, State-wise including Haryana?

GOVERNMENT OF INDIA
MINISTRY OF AGRICULTURE AND FARMERS WELFARE

LOK SABHA

UNSTARRED QUESTION NO: 956                                   ANSWERED ON: 24.07.2018

Crop Insurance Schemes

DHARAMBIR BHALERAM

Will the Minister of AGRICULTURE AND FARMERS WELFARE be pleased to state:-

(a) the total number of registered Government/Private insurance companies in the country under the various crop insurance schemes, State-wise including Haryana; 
(b) the premium paid by the Union Government, State Governments and Farmers to these insurance companies during the last two years, company-wise; 
(c) the total funds sanctioned and the total funds released by these insurance companies during the said period; and 
(d) the funds released by the Insurance companies to the farmers for their damaged crops during the last two years, State-wise including Haryana?

ANSWER

MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE AND FARMERS WELFARE

(SHRI PARSHOTTAM RUPALA)

(a): Under Pradhan Mantri Fasal Bima Yojana (PMFBY) and Restructured Weather Based Crop Insurance Scheme (RWBCIS) 18 General Insurance Companies have been empanelled which beside Agriculture Insurance Company of India Ltd. (AIC) include all four public sector general insurance companies and 13 private general insurance companies. State Governments select insurance companies for implementation of the schemes from among these empanelled companies through a transparent bidding process. State-wise details of the implementing insurance companies in the last two years is at Annexure-I.

(b) to (d): State-wise details (including Haryana) in respect of premium paid by the Union Government, State Government and farmers alongwith estimated claims, approved claims and claims paid by insurance companies during 2016-17 and 2017-18 are given in Annexure-II.

Source: Loksabha

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