New Delhi [India], February 18: India has always been, at its heart, an agrarian economy. For millions of families, agriculture is both livelihood and legacy, passed down through generations. Given the key role that farmers play in the growth of our nation, it is only natural that any conver
A state-level Farmers' Day dedicated to farmers' welfare and economic upliftment was organised in Gauchar (Chamoli). On this occasion, Union Minister for Agriculture and Rural Development Shivraj Singh Chouhan and Uttarakhand Chief Minister Pushkar Singh Dhami transferred an insurance amo
The health insurance industry continued to post strong growth in November, supported by a pickup in demand for health insurance policies following the GST exemption announced by the government, highlighted a recent report by Nuvama.
The announcement will benefit thousands of farmers who had previously suffered losses due to these natural factors but were ineligible for insurance claims.
Announcing major relief for farmers, Union Agriculture Minister Shivraj Singh Chouhan on Friday said that, on the initiative of Prime Minister Narendra Modi, two significant categories of crop losses have now been included under the Pradhan Mantri Fasal Bima Yojana (PMFBY), which farmers
"The Mahayuti government today announced an over Rs 31,000 crore package for flood-affected farmers of the state. Approximately 60 lakh farmers in the state were affected by the floods. The farmers need help to sow Rabi crops now...We will stand by the farmers. I appeal to them to remain
The non-life insurance sector in India continued to experience a slowdown in premium growth in August due to a decline in crop insurance and a softer market for passenger vehicles, Care Edge Ratings said in a report.
Sources in the ministry told ANI that Punjab's non-participation in the scheme has left farmers dependent only on state-funded relief, which is limited in scope and unable to cover widespread losses caused by natural calamities.
PM Modi said that India's progress in the space sector has made the lives of people easier. He emphasised that the space tech has helped satellite-based assessment in the crop insurance scheme, along with the information and safety provided to fishermen through satellites.
Announcing the package in a post on X, the union minister said that insurance companies that do not deposit the amount to disaster-affected farmers on time will face a 12 per cent interest penalty, which will be directly given to farmers.
This programme will be chaired by Union Minister for Agriculture & Farmers' Welfare, and Rural Development, Shivraj Singh Chouhan, with Rajasthan Chief Minister Bhajanlal Sharma as the Chief Guest.