Crop insurance claims at ₹9,570 crore for 2020-21 lower by over 60% from previous year
The Hindu
Maximum crop insurance claims were reported from Rajasthan at ₹3,602 crore, followed by Maharashtra, and Haryana during 2020-21.
There has been more than 60% decline in the of farmers at ₹9,570 crore under the Pradhan Mantri Fasal Bima Yojana () for the 2020-21 crop year from the previous year as there were no major crop losses, according to official data.
However, much of the crop insurance claims reported for 2020-21 and 2019-20 crop years have been cleared by the government.
Crop insurance claims stood at ₹27,398 crore in the 2019-20 crop year (July-June).

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












