Tatsat Chronicle Magazine

Insurance

Destroyed harvest

How PMFBY Ensured Windfall Gains Of 350% For Insurance Companies

Nirmal Prajapat from Churu, Rajasthan, claims that farmers like him face an uphill task when claiming the amount payable to them under the Pradhan Mantri Fasal Bima Yojana (PMFBY). In most cases, he says, they are forced to resort to protest demonstrations