DEMAND FOR ADEQUATELY COMPENSATING FARMERS UNDER P.M.F.B.Y.
AGRICULTURE AND FARMER'S WELFARE
SHRI AMAR PATNAIK (Odisha):Sir, this relates to crop insurance under the PMFBY, the Pradhan Mantri Fasal Bima Yojana. The Pradhan Mantri Fasal Bima Yojana (PMFBY) was initiated as a scheme to give the vulnerable Indian farmers monetary assistance in the event of crop damage arising from natural calamities. However, reports have emerged that cite several instances of the application of incorrect calculation methods to deny the farmers in Odisha their legitimate claims for crop loss under PMFBY. This has precipitated regular protests as the claim settlements to insured farmers have been reduced. The Oriental Insurance Company (OIC) has applied an incorrect Area Correction Factor (ACF) and Yield Correction Factor (YCF) in four blocks of the Bargarh district, namely, Jharbandh, Padampur, Sohela and Bijetpur for Kharif 2018 season. A similar situation obtains in a number of blocks in Sambalpur, Kalahandi, Bolangir and Nuapada districts of the State. The insurance company has not followed the operational guidelines under the PMFBY. The terms and conditions have been altered by the company after depositing premium under the scheme. There have also been threats by the farmers to gherao and shut down the district offices of this company. Despite this issue having been raised on multiple occasions in Parliament, the situation has, unfortunately, not been remedied. I would, therefore, urge that the Ministry of Agriculture and Farmers' Welfare investigate the breach by OIC, issue directions on the application of ACF and YCF, implement corrective measures and ensure that the farmers who have received an inadequate amount under PMFBY are compensated with their legitimate dues.