Page 5 - Cag Report
CAG, CSE rap crop insurance plans
Government-pushed insurance schemes have achieved little and only benefited entities in the sector, the office of the Union comptroller and auditor general (CAG) has concluded, as has another report from the non-government Centre for Science and Environment (CSE).The CSE report says insurance companies had benefited by a cumulative Rs 10,000 crore in profit as on April, due to low claims reported in relation to the premium charged. The gross direct premium of general insurance companies grew by 32 per cent, from Rs 96,376 crore in 2015-16 to Rs 1.27 lakh crore in 2016-17, nearly half of which came from crop insurance, the CSE report said. The CAG report was presented in Parliament on Friday; the CSE analysis was released to the public. The CAG report examines crop insurance schemes - National Agriculture Insurance Scheme (NAIS), Modified NAIS and the Weather Based Crop Insurance Scheme (WBCIS), implemented during 2011-12 through 2015-16. The CSE study analysed the new Pradhan Mantri ..
 "CAG, CSE rap crop insurance plans")
J&K govt violates budget provisions by spending Rs 1,961 cr in FY 16: CAG
The report was tabled in the Jammu and Kashmir Assembly recently during its special session on GST
