News Asia24 Jul 2017

India:Insurers grossed US$1.55 bln in profits from crop insurance in 1 season

24 Jul 2017

Insurers gained nearly INR100 billion (US$1.55 billion) in gross profit during the last kharif (monsoon) season, from June to November 2016, according to an independent evaluation of the Modi government's crop insurance scheme, the Pradhan Mantri Fasal Bima Yojana (PMFBY).

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