Settle Insurance By 15th

The State Government has expressed displeasure over delay in settlement of claims of farmers under Pradhan Mantri Fasal Bima Yojana (PMFBY) by different insurance companies for Kharif 2017 and asked them to settle all claims by 15 August.

Agriculture Production Commissioner Gagan Kumar Dhal warned the defaulting Insurance companies that undue delay in settlement of claims will not be accepted under any circumstances.
Sources said the performance of insurance companies empanelled for the scheme is slow as claim amount to the tune of Rs 1244.61Crore claim has been released against the total estimate of Rs 1,619.24 crore.
Balance claims of Rs.374.63 Crore are disputed by the Insurance companies and the State Government has asked to release the amount by 15 August, said sources.
Over 5.30 Lakh farmers are involved in 1857 Gram Panchayats and Urban Local Bodies of the 30 Districts.
However, situation is grave in Bargarh District, where claim was made for Rs.734.62 Crore and National Insurance Company (NIC) is no mood to pay this much of amount.
Over One Lakh farmers are affected by multiple natural calamities and moving from post to pillar for receive their claims.
Sources said NIC has deposited Rs.520.43 Crore in Escrow Account; however farmers have not received the same, officials say.
The issue was discussed in a meeting on 7 August in presence of senior Ministers, Susant Singh and Shenhangini Churia as both represent from Bargarh. Secretary Co-operation Ranjana Chopra was present during the discussion.
Farmers present in the meeting pointed out that Insurance Companies are not serious about the plight of the farmers and dilly dally the matter.
They also alleged that proper inquiry is not being conducted and whimsically Insurance Company is estimating the loss.
State Government has categorically said while the Premium has already been paid and due to natural calamities now the Insurance Companies should come forward for releasing payment.
Mr.Dhal said that whatever Premium given by the State Government and Crop Cutting Report has been presented, Insurance companies should pay the farmers accordingly as they are left in dire straits after facing repeated natural calamities.
Farmers’ Organization Coordination Committee Member, Jayakrushna Sahu pointed out that athough the Insurance Companies claim that they have deposited the money it has not reached the farmers’ accounts as their settlement details have not been furnished to the banks.
Mr.Dhal directed the insurance companies to expedite the process and release money by 15 August without further delay, excepting the cases in which the claim forms have not been received from the beneficiaries.
The insurance companies have also been instructed to furnish panchayat-wise details of farmers to the banks to enable them to credit the amount to their respective accounts.
Senior Officials of the Department of Cooperation have asked the implementing agencies that the claim adjustment made by them should not exceed 5  to 7 per cent of the estimated claim.
Farmers during Kharif-2017 faced multiple natural disasters like, drought, pest attack and unusual rains, resulting to huge loss of their agri produce.
So it was expected that Insurance Companies will come forward to extend support for the hapless farmers, which is not happening.
Further the Insurance Companies are in no mood to accept Crop Cutting Report of the State Government and they are presenting data of IRRI coverage of paddy area, which is not acceptable for both farmers and the State Government, officials say.

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