PM Fasal Bima Yojana: The Claims That Never Reached Farmers

Investigation into delayed and unpaid crop insurance claims across six states.

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The Breakdown Editorial
5 June 2026

Key Takeaways

Investigation into delayed and unpaid crop insurance claims across six states.

  • Over 40% of claims delayed beyond 60 days in 4 states
  • Farmers in Maharashtra and Karnataka worst affected
  • Claims settlement ratio declined from 85% to 63% in 3 years

Evidence

Insurance companies are deliberately delaying claim settlements to earn interest.

Moderate60%
Primary Sources: 1Evidence: 1 items
Supporting Evidence
  • While delays are documented, intent cannot be verified without regulatory investigation.
Sources
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States are not contributing their share of premium on time.

Verified85%
Primary Sources: 1Evidence: 1 items
Supporting Evidence
  • 4 states have pending premium contributions exceeding ₹2,000 crore.
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Key Numbers

42%Claims Pending Beyond 60 DaysState Govt Data
1.2 croreFarmers AffectedCAG Report 2024
₹29,000 croreTotal Premium CollectedAnnual Report
₹13,400 croreClaims Actually PaidAnnual Report

Timeline

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Claims Settlement Ratio by State (2025-26)

019.53958.578MaharashtraKarnatakaRajasthanUPMPPunjab

Claims Settlement Trend

021.2542.563.75852020-212021-222022-232023-242024-25

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The Breakdown Editorial