copenlu/druid huggingface dataset:
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2018-05-26): The BJP government published an infographic on the 48-months portal that makes two claims about the Pradhan Mantri Fasal Bima Yojana (PMFBY). This article is a fact check of the claims.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2024-02-01): Budget 2024 LIVE news: Finance Minister Nirmala Sitharaman on Thursday said the NDA government's flagship crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) has assisted 4 crore farmers till now. Last Budget, the FM had allocated Rs 13,625 crore for FY24. "Crop insurance has been given to 40 million farmers under the PM Fasal Bima Yojana. This assists the annadata in producing food for the country and the world. 1,361 mandis integrated with 3 trillion trading volume," said FM Nirmala Sitharaman. [...] "The government has continued its support to farmers under the crop insurance facility and intends to further strengthen the same. This will ensure penetration and awareness around insurance in rural India thereby providing a boost to the insurance industry," said Manoj Purohit, Partner & leader - FS Tax, Tax & Regulatory Services, BDO India.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2024-08-19): India has the world’s biggest crop insurance scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), in terms of number of farmers covered. PMFBY is implemented by five public sector and 15 private insurance companies. However, it is riddled with challenges. In the past eight years of its implementation, 568 million farmers have been enrolled and 232.2 million farmers have received claims. Around 70 per cent of gross cropped area in India is not covered under insurance, leaving it unprotected. [...] "Crop insurance can become popular among farmers, if the insurance unit is made at farmer level instead of village level and farmers are able to choose from all available insurance companies. It will increase competition among companies," says Dharmendra Malik, national spokesperson of Bhartiya Kisan Union (Arajnaitik), Uttar Pradesh. "Currently, the insurance unit is at the level of the gram panchayat. Samples for loss estimation collected at this level are not large enough to capture the scale and diversity of crop losses," says Malik. As per the claim calculation formula used under PMFBY, the scheme may not prove beneficial for farmers of climate-vulnerable regions like Marathwada and Bundelkhand that face repeated crop losses because of factors like low indemnity levels, low threshold yields, low sum insured and default on loans, resulting in low compensation.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2021-02-07): To boost the safety of farmers' crops and ensure maximum benefit of crop insurance reaches to farmers, the Government of India has allocated Rs 16000 crores for Pradhan Mantri Fasal Bima Yojana(PMFBY)for the fiscal year 2021-22. This is a budgetary increase of around Rs 305 crore as against the previous fiscal year 2020-21, which reiterates the government's commitment towards growth of agriculture sector in the country. [...] Today, PMFBY is globally the largest crop insurance scheme in terms of farmer participation and 3rd largest in terms of premium. Over 5.5 crore farmer applications are received on year-on-year basis. [...] As of now. out of total farmers enrolled under PMFBY, 84% are small and marginal farmers. Thus, financial assistance is provided to most vulnerable farmers.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2024-07-03): A key element of this program is the provision of crop insurance subsidies for farmers. This means that it’s a cost sharing program and farmers do pay a premium. These subsidies make insurance more affordable for farmers, ensuring that even during tough economic times, they have the support they need. By reducing the financial burden of insurance premiums, these subsidies play a crucial role in maintaining the viability and sustainability of farm operations. [...] Moreover, crop insurance supports not only large-scale farm operations but also the family farmer. It recognizes the diverse nature of farming in America, from sprawling fields to small, family-run farms. By providing a tailored safety net for different scales of operations, crop insurance ensures that the agricultural landscape remains diverse and inclusive. [...] Crop insurance stands as a cornerstone in the agricultural sector, offering vital protection to farmers against the unpredictability of nature and markets. Through the collaboration between the federal government, private insurance companies, and the private sector, a robust safety net has been established, benefiting both large and small-scale farm operations. The positive impact of crop insurance on farming practices, along with the protection it offers to crops and livestock, underscores its importance.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2024-06-13): Crop insurance has become a vital component of agricultural support systems in India, providing a safety net for farmers against crop damage and financial losses. These schemes aim to mitigate the risks faced by farmers due to various factors such as extreme weather conditions, natural disasters, and market fluctuations. [...] Financial support in case of crop failure: Crop insurance provides financial compensation to farmers when they suffer losses due to crop failure caused by natural calamities, pests, or diseases. This support helps them recover and continue farming without severe financial distress. [...] However, the biggest crop insurer is PMFBY -- Pradhan Mantri Fasal Bima Yojana.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2020-09-29): Determining farmers’ real demand for crop insurance is difficult, especially in developing countries, where there is a lack of formal financial sector integration and a high reliance on informal risk mitigation options. We provide some new estimates of farmers’ willingness‐to‐pay for insurance in the context of a large‐scale subsidised programme in India. We conducted a discrete choice experiment with agricultural households across four states in India, enabling us to estimate preferences for specific insurance policy attributes such as coverage period, method of loss assessment, timing of indemnity payments and the cost of insurance. Our results suggest that farmers do value crop insurance under certain conditions and some are willing to pay a premium for such coverage in excess of the subsidised rates they are currently required to pay under this programme. In particular, farmers value the assurances that they will receive timely payouts when they incur losses, and may not have a strong preference for the method with which losses are assessed. On the other hand, farmers are quite sensitive to coverage periods. Our baseline assessment shows that when optimised to farmer requirements, there can be a sizeable demand for crop insurance by developing country farmers.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2024-10-09): - Pradhan Mantri Fasal Bima Yojana (PMFBY) has become the largest crop insurance scheme in the world in terms of farmer enrolments as well as the third largest scheme in the world in terms of insurance premiums. [...] Every year, under PM-KISAN Samman Yojana, direct financial assistance is provided to 11.8 crore farmers, including marginal and small farmers.[3] Under the scheme, farmers have received over Rs 2.80 lakh thousand crore so far. [4] Additionally, crop insurance is given to 4 crore farmers under Pradhan Mantri Fasal Bima Yojana.[5] This comprehensive crop insurance policy ensures that farmers are protected against non-preventable natural causes, safeguarding their livelihoods and preventing financial ruin in the face of unforeseen calamities. Under the scheme, farmers paid a premium of Rs 30 thousand crore. In return, they have received a claim of Rs 1.5 lakh crore. The government also provides pension benefits to 23.4 lakh small and marginal farmers enrolled under the PM-KMY.[6] Over the past 10 years, there has been a threefold increase in easy loans for farmers from banks.[7] These, besides several other programmes, are assisting ‘Annadata’ in producing food for the country and the world.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2024-02-20): The allocation for the PM Kisan Samman Nidhi is unchanged at Rs 60,000 crore. This scheme provides direct financial help to farmers. It will cover 11.8 crore marginal and small farmers. [...] Recognizing the uncertainties faced by farmers, the ongoing implementation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) received allocation. This crop insurance scheme will provide security to four crore farmers. It will protect them against unforeseen events like adverse weather conditions. The Government is committed to enhancing the effectiveness of crop insurance. It will work to increase its awareness and accessibility in rural areas. This will stimulate growth in the insurance sector.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2023-07-17): Although crop insurance serves as a financial safety net, protecting farmers against losses caused by various threats that can adversely affect crops, its significance extends far beyond individual farmers’ well-being. One of the key contributions of crop insurance is maintaining price stability in the agricultural sector. Fluctuations in crop yields due to weather events or other unforeseen circumstances can lead to price volatility, which ultimately affects consumers. By safeguarding farmers’ incomes and providing stability in the face of unpredictable conditions, crop insurance facilitates a consistent and affordable food supply for the American people. Furthermore, crop insurance plays a crucial role in promoting food security. With over 90% coverage of production agriculture in America, it supports farmers of all sizes and financial situations. Flexibility is a crucial principle of crop insurance, allowing farmers to tailor coverage to their unique operational and risk management needs. Plans range from individual-field to whole-farm to county-based coverage, ensuring accessibility for farmers across the country. Affordable premiums, made possible through a public-private partnership and premium support from the government, enable farmers to obtain the coverage they require and maintain a safe and affordable food supply for consumers. In addition to its impact on farmers and consumers, crop insurance strengthens rural economies. Companies like NAU Country invest billions of dollars in rural communities, including hiring employees, contracting with agents, and expanding technologies, while also assuming significant capital risks for the insurance policies issued. These investments not only create jobs but also provide crucial financial support to the nation’s food producers.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2022-12-01): PMFBY on way to become world’s largest crop insurance scheme, as around 5 crore farmer applications are being received under the scheme every year Farmers received Rs 1,25,662 crores so far against the premium of Rs 25,186 crores paid in the last 6 years [...] Pradhan Mantri Fasal Bima Yojana (PMFBY) is the third largest crop insurance scheme in the World and tipped to become number one in coming years as around 5 crore farmer applications are being received under the scheme every year. The acceptability of the scheme has increased amongst the farmers in the last 6 years, with share of non-loanee farmers, marginalized farmers and small farmers increasing by 282% since the initiation of the scheme in 2016.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2024-05-02): Crop insurance is exactly like it sounds: an insurance product designed to help shield farmers against a myriad of potential risks, ranging from adverse growing conditions to market fluctuations. This coverage fills crucial gaps that private insurance products may neglect or find impossible to address alone. Supported by the federal government, these policies provide financial stability for farmers, who can tailor coverage to suit their unique operational needs from a variety of policy options. Products are available for annual crops, perennial tree crops and livestock and may protect against the value of the commodity, the replacement value of a damaged or destroyed commodity, or the operating margin for a commodity.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2020-11-04): This key sector faces multiple challenges and is extremely susceptible to natural calamities such as droughts, floods and locust infestation. During the past five decades, successive governments have tried to protect farmers’ interests by providing them with protection from these natural calamities (see Figure 1). However, it was with 2016’s nationwide introduction of two indemnity and parametric-based coverages – the Prime Minister’s Crop Insurance Scheme, known as Pradhan Mantri Fasal Bima Yojana (PMFBY), and the Restructured Weather-Based Crop Insurance Scheme (RWBCIS) – that crop insurance in India underwent significant changes. [...] PMFBY is an area-based yield-index insurance scheme. It dominates the crop insurance scenario, accounting for nearly 90% of premium. It is designed to provide comprehensive insurance cover against crop failure, provide income stability, and encourage digitisation and innovation. It covers all food crops, oilseeds and annual commercial and horticultural crops grown in the rabi (winter) and kharif (monsoon) seasons. The scheme is implemented by central and state government agencies and insurance companies, which are empaneled based on their experience and financial strength. [...] RWBCIS constitutes around 8%–10% of the crop insurance portfolio. The structure of farmers’ premia, selection criteria of the insurance company and area allocation are similar to PMFBY. The claim settlement will be based on predefined terms drawn from weather parameters. Horticulture crops such as vegetables and fruits, or other crops where ascertaining crop yield through conduct of CCEs is not possible, are commonly insured under this policy.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2022-12-21): PMFBY number one crop insurance scheme globally in terms of farmers enrollment: Tomar The Pradhan Mantri Fasal Bima Yojana (PMFBY) has become the world's number one crop insurance scheme in terms of farmer applications enrolled, Agriculture Minister Narendra Singh Tomar informed Parliament on Tuesday. The PMFBY is also the world's third-largest crop insurance scheme in terms of gross premium, Tomar said in his written reply to the Lok Sabha.New Delhi, The Pradhan Mantri Fasal Bima Yojana (PMFBY) has become the world's number one crop insurance scheme in terms of farmer applications enrolled, Agriculture Minister Narendra Singh Tomar informed Parliament on Tuesday. The PMFBY is also the world's third-largest crop insurance scheme in terms of gross premium, Tomar said in his written reply to the Lok Sabha. [...] "The scheme has already become the number one crop insurance scheme in the world in terms of farmer applications enrolled. In terms of gross premium, the scheme is the 3rd largest in the world," Tomar said.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2021-08-08): The Pradhan Mantri Fasal Bima Yojana (PMFBY) launched in 2016-17 is globally the largest crop insurance scheme in terms of farmer participation and the third largest in terms of the premium according to the Central government. Over 5.5 crore farmer applications are received on a year-on-year basis, and till date, the scheme has insured over 29.16 crore farmer applications. Over the period of five years, more than 8.3 crore farmer applications have benefited from the scheme. A major chunk of smaller farmers, however, still remain out of the crop insurance network. The percentage of marginal farmers in the scheme has seen a decline from 18.08 per cent to 16.55 per cent for kharif between 2018 and 2020. The participation of small farmers in the scheme is between 63-68 per cent. [...] In March this year, the Ministry of Agriculture told the Rajya Sabha that crop insurance is a major risk mitigation tool for the benefit of farmers. The Ministry added that the difference between premium collected and claims paid may not be the margin/profit for the insurance companies.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2019-02-06): The first claim is that PMFBY is the ‘biggest financial support till date in crop insurance where 4.05 crore farmers are covered’. [...] It is not clear as to what the government means by ‘biggest financial support in crop insurance till date’. If this is about the number of farmers insured, the number has grown even during the UPA from 2.62 crore farmers insured in 2009-10 to 3.3 crores in 2012-13. [...] Fact: The total number of farmers enrolled in PMFBY in 2016-17 was 5.73 crores while it was 5.18 crores for 2017-18 (mainly Kharif 2017). The total number of beneficiaries (farmers whose claims are processed) in 2016-17 & 2017-18 is 4.65 crores. However, it is not clear as to what the government means by ‘biggest financial support in crop insurance till date’. If this is about the number of farmers insured, the number has grown even during the UPA from 2.62 crore farmers insured in 2009-10 to 3.3 crores n 2012-13. Hence, the claim is PARTLY TRUE.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2020-01-01): In a bid provide financial support to farmers in the event of failure of any of the notified crop as a result of natural calamities, pests and diseases, the government had launched Pradhan Mantri Fasal Bima Yojana on January 13, 2016. This is the biggest financial support till date by the Union Government in crop insurance. So far 4.05 crore farmers were covered under the scheme; 379.06 lakh hectares land insured for a sum of Rs. 1,31,519 crores.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2024-10-09): UNDP has been working with the Ministry of Agriculture& Family Welfare since 2018. In 2022, UNDP’s technical support unit at the Ministry helped reach out to 1.71 crore farmers through various information, education, and communication (IEC) campaigns such as Crop Insurance Week and organized more than 2.39 lakh FasalBimaPathshalas or crop insurance classroom sessions. On the extreme left is Agam Khare, Founder & Group CEO of Absolute, flanked by Shri. Ritesh Chauhan, Joint Secretary & CEO-PMFBY, Government of India, and Shri. Gajendra Singh, PS to MoS (DAHD), Government of India. Also present is Ms Kamna R. Sharma, Additional Commissioner DA&FW, Government of India. "Risk is an inherent part of agriculture and is one of the biggest roadblocks in improving the lives of farmer communities in India. This collaboration is an important step towards strengthening the risk and credit ecosystem for agriculture in India. UNDP India is committed to working with the government and partners to help farmers in India rise with resilience", says Amit Kumar, Head, Sustainable and Inclusive Growth, UNDP India.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2022-02-13): In the name of measures for further simplifying tax administration for facilitating compliance, in the current budget the government is actually indulging, rather promoting tax-evasion by the habitually defaulting and tax-evading corporate community. It is revealed that in 2020-21, tax concessions in the form of incentives to corporates was a whopping Rs 72,041 crore, over and above the huge tax default by the same big-business class of Rs 4.05 lakh crore. [...] In most of the important schemes for farmers, the performance has been disappointing and there is no sign of improvement. Many states have withdrawn from the flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) including the pradhan mantri’s own state of Gujarat and many major states such as West Bengal, Telangana, Andhra Pradesh and Tamil Nadu. The PM-KISAN scheme was declared to begin with 12 crore farmers and expand coverage to 15 crore farmers. Even after three years, it has only reached 11 crore farmers with an allocation of Rs 68,000 crores. The PM-Krishi Sinchai Yojana had an allocation of Rs 4000 crores in 2021-22 but had an expenditure of only Rs 2000 crores. Now it has been subsumed under an expanded umbrella of RKVY. The RKVY scheme itself had an allocation of Rs 3712 crore last year out of which only Rs 2000 crores were spent.
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2021-03-06): Crop husbandry comprises of food grains, horticulture and commercial crops. Disaggregated analysis of expenditure on crop husbandry shows allocation of funds on these areas. However it also includes expenditure on support services like extensions, crop insurance and input subsidies that apply to all segments of crop husbandry. The major allocations under crop husbandry are made for power subsidy (75%) in TE 2018-19 (BE) which is not surprising given Punjab’s history of free power provided to agriculture (Fig. 4.22).
Claim: Biggest financial support till date in crop insurance where 4.05 crore farmers are covered. (Govt. of India, 2018-05-26)
Evidence (2021-07-01): Chief Minister’s Farm Protection Scheme and Mukhyamantri Khet Sanrakshan Yojana: 80 per cent subsidy on individual solar fencing, 85 per cent subsidy on group based solar fencing, 50 per cent on barbed and chain linked fencing and 70 per cent on composite fencing for protection of crops from wild animals and stray animals is being provided. 4,592 farmers have been benefitted by spending ₹ 150.52 crore. Pradhanmantri Kisan Samman Nidhi Yojana: Under this scheme, an income support of ₹6,000 per year in three equal instalments will be provided to small and marginal land holding farmer families. About ₹1532.38 crore has been spent on more than 9.37 lakh farmers of the State under this Yojana.
Claim: Recent visuals of liquor mafia gang assaulting a police officer during Mahagatbandhan’s rule in Bihar (SOCIAL MEDIA POST, 2023-01-03)
Evidence (2023-01-03): Video shows liquor mafia gang thrashing ASI Ashutosh Kumar on 05 September 2020 for obstructing their illegal liquor business. On receiving the information, Jakkanpur Police reached the spot with extra force and rescued the injured ASI. However, during this period, Nitish Kumar served as the CM of Bihar with support from the BJP. Hence the claim made in the post is MISLEADING.