Maharashtra gov't has begun disbursing ₹1,700 crore to 35 lakh farmers under crop insurance scheme.

November 8th 2023.

Maharashtra gov't has begun disbursing ₹1,700 crore to 35 lakh farmers under crop insurance scheme.
The Maharashtra government has taken a very important step towards helping farmers in the state. On Wednesday, Agriculture Minister Dhananjay Munde initiated the online transfer of Rs 1,700 crore towards crop insurance to over 35 lakh farmers across the state. This is the first installment of the insurance amount, and after the hearing on claims, the farmers would get more funds.

More than 1.71 lakh farmers had enrolled in the Rs 1 crop insurance scheme for the kharif season this year. The crop insurance companies were asked to grant 25 percent of the insurance claims to the farmers as interim payments until the hearing on claims is complete. The companies have agreed to pay Rs 1700 crore till now, and as the claim appeals are heard, the number of beneficiaries and funds disbursed would increase, as per the minister.

Apart from this, the government has also announced a compensation of Rs 32 lakh to 414 farmers for losses incurred by giving their lands for Jarange Patil's rally. This shows that the government is taking steps to address the plight of the farmers and is taking proactive measures to ensure their welfare.

Overall, it is a commendable effort by the government to help the farmers in the state. The farmers have welcomed the government's decision and are hopeful that the funds will help them in overcoming their losses.

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