The country couldn’t possibly have, at least on paper, a better agricultural crop insurance scheme than the Pradhan Mantri Fasal Bima Yojana. (File) The country couldn’t possibly have, at least on paper, a better agricultural crop insurance scheme than the Pradhan Mantri Fasal Bima Yojana. (File)The country couldn’t possibly have, at least on paper, a better agricultural crop insurance scheme than the Pradhan Mantri Fasal Bima Yojana (PMFBY). They say that the scheme has helped substantially increase insurance cover, but what is the point having it if the insurance company doesn’t pay when my crop has failed?” points out V.M. The second flaw that needs rectification is to make PMFBY a scheme of insurance companies rather than banks.

Source: Indian Express July 26, 2017 20:15 UTC