Archive · 26 Jul 2025

Crop Insurance Default by States Exceeds Rs 6,450 Crore in 5 Years

Crop Insurance Default by States Exceeds Rs 6,450 Crore in 5 Years

Imagine farmers buy insurance to protect their crops from bad weather.

The government helps pay for this insurance.

However, some states haven't paid their share, owing billions of rupees.

The government is making rules to fix this, like requiring states to pay their share in advance.

More farmers are signing up for crop insurance because it helps them a lot when their crops get damaged.

For every small amount farmers pay, they receive a much bigger amount in claims if something bad happens to their crops.

Sources