CAG eyes over Crop insurance schemes in 9 states

The Comptroller and Auditor General (CAG) will conduct a performance audit of crop insurance schemes in nine states to examine the efficacy of providing relief to farmers in the event of crop damage.

The performance audit will include examination of records of Department of Agriculture Cooperation and Farmers Welfare, Agriculture Insurance Company of India Limited, State Agriculture Department and other departments, the RBI said while asking banks to provide access to related records to CAG.

“This audit is proposed to be conducted in Andhra Pradesh, Assam, Gujarat, Haryana, Himachal Pradesh, Odisha, Maharashtra, Rajasthan and Telangana with the help of the offices of the Principal Accountant General/Accountant General (Audit) in the respective states,” the RBI said.