Archive · 27 May 2025
Paltry Payouts Insult Farmers After Paddy Crop Loss
Farmers who grow rice are upset.
They paid money for insurance in case their crops failed, but the insurance company gave them very little money back when their crops did not grow well.
The farmers got much less than the amount they paid for the insurance.
They feel disrespected because the money they received barely covered anything, unlike what farmers in nearby areas received.
They are asking for more money to make up for their losses.
Farmers in Narikudi block received minimal crop insurance compensation.
Farmers were paid ₹350 to ₹400 per acre, less than their premium.
Delayed rains caused significant paddy yield reduction for farmers.
Farmers are requesting compensation of ₹12,000 to ₹16,000 per acre.
Farmers feel insulted by the inadequate compensation from the insurance company.
- Who
- Paddy farmers in Narikudi block
- What
- Inadequate crop insurance compensation received by farmers
- When
- Published May 27, 2025.
- Where
- Narikudi block
- Why
- Delayed rains led to significant paddy yield reduction and subsequent financial losses.
Farmers
Insurance Company
Compensation Amounts
Farmers
Farmers feel the compensation is too low and does not cover their losses or the insurance premium.
Insurance Company
The insurance company's perspective is not explicitly stated in the article, but implied to be a different calculation method.
- Compensation Received
- ₹350 to ₹400 per acre
- Farmers' Request
- ₹12,000 to ₹16,000 per acre
- Affected Area
- Narikudi block
- Crop
- Paddy
