Lok Sabha Question No. 5027 (UNSTARRED), answered on 2025-04-01
Subject: Premium paid to Insurance Companies
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: Dr. Dharamvira Gandhi

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE AND FARMERS WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 5027

TO BE ANSWERED ON THE 1 ST   APRIL, 2025

## PREMIUM PAID TO INSURNCE COMPANIES

5027 . DR. DHARAMVIRA GANDHI:

Will the Minister of AGRICULTURE AND FARMERS WELFARE क ृ िष एवं िकसान कʞाण मंũी be pleased to state:

(a) the details of the premium paid to the Insurance Companies during the last five years, year-wise and State/UT-wise; and

(b) the total amount disbursed to farmers for crop losses and other disasters during the last five years, year-wise and State/UT-wise?

## ANSWER

MINISTER OF STATE FOR AGRICULTURE AND FARMERS WELFARE क ृ िष एवं िकसान कʞाण राǛ मंũी (SHRI  RAMNATH THAKUR)

- (a)    :    The  actuarial/bidded  premium  rates  are  charged  by  implementing  agencies under Pradhan Mantri Fasal Bima Yojana (PMFBY)..  Extremely low premium rate across the country for the season is charged from the famers, which is maximum 2% of sum insured for Kharif crops, maximum 1.5% of sum insured for Rabi crops and maximum 5% of sum insured for commercial/horticultural crops.     Remaining part of actuarial  premium  is shared  by the  Central  and  State  Government  on  50:50  basis except North Eastern States (from Kharif 2020) and Himalayan States (from Kharif 2023) where it is shared in the ratio of 90:10.

Further,  Operational  guidelines  of  the  scheme  provides  for  3  Alternate  Risk Transfer models other than standard PMFBY, namely cup and cap model (80:110), cup and cap model (60:130) and profit and loss sharing model, under which in case of claims below certain threshold, portion of the premium paid by the Government as subsidy will go back to the State treasury.  States have been given the flexibility to choose any one of these models.

State-wise and year-wise details of premium paid by farmers and claims paid to farmers during last five years i.e. 2019-20 to 2023-24 are given in Annexure .

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Annexure

## State-wise and year-wise details of farmers share of premium and claims paid from 2019-20 to 2023-24 under PMFBY  (As on 31.01.2025)

| State/UT         | 2019-20                  | 2019-20        | 2020-21                  | 2020-21        | 2021-22                  | 2021-22        | 2022-23                  | 2022-23        | 2023-24                  | 2023-24        |
|------------------|--------------------------|----------------|--------------------------|----------------|--------------------------|----------------|--------------------------|----------------|--------------------------|----------------|
| State/UT         | Farmers Share of premium | Paid Claims    | Farmers Share of premium | Paid Claims    | Farmers Share of premium | Paid Claims    | Farmers Share of premium | Paid Claims    | Farmers Share of premium | Paid Claims    |
| State/UT         | (Rs. In Crore)           | (Rs. In Crore) | (Rs. In Crore)           | (Rs. In Crore) | (Rs. In Crore)           | (Rs. In Crore) | (Rs. In Crore)           | (Rs. In Crore) | (Rs. In Crore)           | (Rs. In Crore) |
| A & N Islands    | 0.00                     | -              | 0.01                     | -              | 0.01                     | -              | 0.00                     | -              | 0.00                     | -              |
| Andhra Pradesh   | 0.17                     | 1,253.33       | NI                       | NI             | NI                       | NI             | 66.02                    | 567.02         | 12.14                    | -              |
| Assam            | 0.27                     | 107.30         | 0.29                     | 192.19         | 0.18                     | 279.15         | 4.38                     | 16.87          | 5.68                     | 32.73          |
| Chhattisgarh     | 180.75                   | 1,303.73       | 187.58                   | 887.23         | 186.08                   | 1,432.83       | 212.38                   | 534.06         | 219.95                   | 518.87         |
| Goa              | 0.02                     | 0.01           | 0.00                     | -              | 0.00                     | -              | 0.01                     | 0.00           | 0.00                     | 0.00           |
| Gujarat          | 467.94                   | 490.48         | NI                       | NI             | NI                       | NI             | NI                       | NI             | NI                       | NI             |
| Haryana          | 268.77                   | 938.00         | 341.87                   | 1,285.51       | 313.82                   | 1,714.30       | 344.38                   | 2,498.62       | 153.75                   | 237.69         |
| Himachal Pradesh | 30.72                    | 67.55          | 22.44                    | 84.83          | 20.21                    | 77.60          | 21.55                    | 33.82          | 37.60                    | 27.80          |
| Jammu & Kashmir  | NI                       | NI             | NI                       | NI             | 6.58                     | 56.05          | 6.90                     | 6.04           | 16.70                    | 32.12          |
| Jharkhand        | 2.79                     | 27.75          | NI                       | NI             | NI                       | NI             | NI                       | NI             | NI                       | NI             |
| Karnataka        | 248.19                   | 1,515.53       | 216.05                   | 1,030.33       | 249.48                   | 1,489.93       | 324.28                   | 1,561.90       | 373.18                   | 2,613.33       |
| Kerala           | 6.12                     | 88.94          | 6.72                     | 122.99         | 7.40                     | 95.20          | 10.43                    | 179.01         | 11.67                    | -              |
| Madhya Pradesh   | 654.05                   | 6,195.53       | 906.65                   | 7,792.36       | 814.79                   | 2,909.92       | 650.08                   | 1,028.01       | 653.98                   | 565.74         |
| Maharashtra      | 868.41                   | 6,758.35       | 762.00                   | 1,559.65       | 664.36                   | 4,613.47       | 901.37                   | 5,032.20       | 195.35                   | 8,520.18       |
| Manipur          | 0.35                     | 1.14           | NI                       | NI             | 0.34                     | 1.48           | 0.44                     | 1.62           | 0.52                     | 1.98           |
| Meghalaya        | 0.09                     | 0.18           | 0.04                     | 0.07           | NI                       | NI             | 0.04                     | 0.01           | 0.01                     | 8.63           |
| Odisha           | 239.97                   | 1,157.72       | 158.43                   | 572.44         | 135.24                   | 1,045.88       | 132.31                   | 568.95         | 12.49                    | 217.18         |
| Puducherry       | -                        | 7.27           | 0.00                     | 13.77          | 0.00                     | 8.02           | 0.00                     | 2.95           | 0.00                     | -              |
| Rajasthan        | 743.88                   | 5,087.84       | 903.66                   | 4,357.51       | 823.79                   | 5,176.77       | 838.97                   | 4,299.00       | 1,018.86                 | 2,430.25       |
| Sikkim           | 0.00                     | -              | 0.01                     | 0.02           | 0.08                     | 0.53           | 0.15                     | -              | 0.06                     | -              |
| Tamil Nadu       | 177.74                   | 1,215.97       | 175.75                   | 2,681.62       | 166.88                   | 836.07         | 161.82                   | 901.84         | 149.31                   | 726.43         |
| Telangana        | 239.73                   | 507.96         | NI                       | NI             | NI                       | NI             | NI                       | NI             | NI                       | NI             |
| Tripura          | 0.76                     | 0.81           | 0.28                     | 2.60           | 0.37                     | 2.63           | 0.44                     | 0.28           | 0.57                     | -              |
| Uttar Pradesh    | 321.87                   | 1,084.66       | 330.45                   | 507.06         | 284.70                   | 988.00         | 286.19                   | 945.65         | 284.38                   | 398.77         |
| Uttarakhand      | 28.21                    | 103.24         | 33.28                    | 134.86         | 39.05                    | 122.88         | 55.25                    | 207.29         | 62.52                    | 172.86         |
| Grand Total      | 4,480.79                 | 27,913.30      | 4,045.53                 | 21,225.05      | 3,713.39                 | 20,850.69      | 4,017.38                 | 18,385.14      | 3,208.71                 | 16,504.54      |

NI ; Not Implemented.           -  Very low/no claims.