Printed from BusinessInsurance.com

Insurers yet to settle $56 million worth of crop insurance claims

Posted On: Sep. 20, 2022 9:57 AM CST

Agriculture

Insurance companies in India have yet to pay out nearly 4.5 billion Indian rupees ($56 million) in insurance claims to farmers of the Indian state of Odisha for 2021 crop damage under the central government’s flagship core insurance program, Prameya News reported. The state agriculture department has created a sub-committee to address the issue of pending insurance dues