Agriculture Minister Shivraj Singh Chouhan will digitally transfer Rs 3,200 crore in crop insurance claims to 30 lakh farmers under PMFBY during an event in Rajasthan. The new claim settlement system ensures faster payouts, with penalties for delayed subsidies from states or insurance companies. Since 2016, PMFBY has disbursed Rs 1.83 lakh crore in claims, benefiting farmers significantly.
