by TEXTILE VALUE CHAIN | Nov 24, 2023 | Insurance, News & Insights
Overview The non-life insurance industry reported a premium of Rs 23,814.6 crore in October 2023, rising by a more sedate 13.6%, compared to last month’s 29.1% (the growth had come of a lower base) and 18.5% in October 2022. This increase can be attributed to the...
by Millionaires | Jul 25, 2020 | Industry And Cluster, News & Insights
Haryana chief minister Manohar Lal Khattar on Friday clarified that his government cannot continue subsidy on cotton crop premium under the Pradhan Mantri Fasal Bima Yojana (PMFBY). While interacting with reporters here, Khattar said the state government...
by Millionaires | Jul 21, 2020 | Industry And Cluster, News & Insights
Under PMFBY guidelines, a farmer is required to pay 2% of the sum insured in case of kharif crop and 1.5% in case of rabi crop (5% for horticulture crop) as the premium and the balance is shared 50:50 by the state and the Centre. Haryana cotton growers...