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Maha CM asks crop insurers to settle farmers' claims by June 7

Press Trust of India  |  Mumbai 

today directed companies to expedite the process of settling farmers' claims and deposit the crop cover amount into their by June 7.

He gave the direction during a meeting called to review the impact of the Prime Minister's Crop Scheme.

The expressed displeasure over the slow progress in settlement of farmers' claims by companies for the kharif season 2017.

for Agriculture Sadabhau Khot was also present in the meeting.

The weather forecast for this year is that the monsoon will arrive on time and there will be sufficient rainfall, mentioned.

"Farmers will be immensely benefited if they get the money required to buy seeds and fertilisers. The insurance companies should try and ensure that farmers get the crop insurance money in their accounts before June 7," he said.

A lot of information needs to be gathered about the beneficiary farmers for various government schemes before transfer of funds into their bank accounts, noted, adding that this causes a delay in the disbursement of money.

"In such a scenario, there should be a separate mechanism in place where all the information, of all those who open for the purpose of getting Direct Benefit Transfer, is stored in one place. This will reduce the time in disbursement of funds," he said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 30 2018. 15:30 IST
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