Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Monday met Union Minister of Railways and Coal Piyush Goyal, Union Minister for Tribal Affairs Jual Oram among others to facilitate the expeditious disbursal of claims of the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the farmers in Odisha.
"Out of the total claim of Rs 798 crore with National Insurance Company Limited, Rs 199 crore has already been paid. Insurance claims worth Rs 352 crore for the Kharif season 2017 will be paid shortly and the balance Rs 173 cr is also being processed for a quick settlement," he added.
Pradhan said a high-level committee having representatives from Ministry of Agriculture and Farmers' Welfare, Government of India, DFS Govt. of Odisha and representatives from various insurance companies shall be formed to look into the contested claims of Rs 73 crore of the National Insurance Company Limited (NICL).
"The committee will also look after all pending claims of private insurers," he added.
Pradhan Mantri Fasal Bima Yojana is the government sponsored crop insurance scheme that integrates multiple stakeholders on a single platform.
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