Crop Cutting Experiments Current Affairs, GK & News

Addressing the delays in settlements of claims under PMFBY

The operational guidelines of the Pradhan Mantri Fasal Bima Yojana (PMFBY) prescribe the timeline of two months of completion of Crop Cutting Experiments/harvesting period for settlement of claims by insurance companies. This timeline is subjected to conditions like timely release of subsidy and yield data to the insurance companies. Reasons for the delay in settlement of ..