Chandigarh, Feb. 14 -- Congress MP Deepender Hooda has expressed concern over a sharp dip in the payment of agricultural insurance claims for the farmers of Haryana under the Pradhan Mantri Fasal Bima Yojana (PMFBY).

Hooda said that in response to a question asked by him in Lok Sabha on February 4, the data provided by the government made it clear that while Rs.2,496.89 crore was paid under the PMFBY in 2022-23, it fell to Rs.224.43 crore in 2023-24, a big drop of more than 90%.

In a statement, the Rohtak MP said a massive drop in the settlement of insurance claims can create a serious financial crisis for farmers which weakens their trust in the scheme.

Deepender alleged that the PM Fasal Bima Yojana has become a scheme for filling up...