Maharashtra warns of action against crop insurance firms

Crop insurance companies and the Maharashtra government are once again at loggerheads as the State Agriculture Minister Dada Bhuse has ordered the companies to make quick decisions on insurance claims submitted by farmers for Kharif 2020 losses incurred due to unseasonal rains. Farmers participated in the insurance scheme for Kharif 2020 season. Estimated crop loss evaluated is Rs. 1,068 crore of which Rs. 844 crore has been given to farmers.

“The pending insurance claim of Rs. 223.35 crore should be deposited in the bank accounts of farmers within the next 8 days,” Bhuse told company representatives in a recent meeting in Mumbai.

Bhuse added that farmers whose claims were rejected must be given another chance to get their losses evaluated.

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