Fasal Beema Yojana is bogus: KCR

Insurance schemes under implementation not scientific, says the CM

Describing the Pradhan Mantri Fasal Beema Yojana of the Central Government as bogus, Chief Minister K. Chandrasekhar Rao said that there was a need for major reforms in the crop insurance schemes to ensure that farmers were benefited.

“Fasal Bima Yojana being implemented by the Centre is bogus. The scheme is not scientific. How will the farmer benefit if area is taken as a unit in the insurance scheme,” he said. The Chief Minister took a dig at the Centre for not implementing farmer and farm-centric schemes that were recommended by experts like M.S. Swaminathan from time to time.

Farmers too were not interested in taking insurance schemes as they were not getting any benefits even after payment of the premiums. “It is a peculiar situation. Implementation of crop insurance schemes comes up in every session of Parliament. The very system is wrong and there is a need for reforms in the process,” he said participating in the discussion on crop losses suffered due to recent rains which figured during the Question Hour in the Legislative Assembly on Friday.