How Odisha's Cooperation Minister is Ensuring Timely Compensation for Farmers

In a recent meeting in Bhubaneswar, Cooperation Minister Pradeep Bal Samanta called for insurance companies to ensure timely compensation for farmers insured under the Pradhan Mantri Fasal Bima Yojana. He highlighted the government's commitment to agricultural development and the importance of transparency in loan disbursement. Several MLAs contributed their views during the discussion, emphasizing the need for effective implementation of these initiatives. The meeting also featured key officials from various cooperative banks and departments, all focused on enhancing support for farmers in Odisha.
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How Odisha's Cooperation Minister is Ensuring Timely Compensation for Farmers

Minister's Call for Insurance Cooperation


In Bhubaneswar, Cooperation Minister Pradeep Bal Samanta urged officials to ensure that insurance companies facilitate prompt compensation for farmers who are insured. During a meeting focused on the effectiveness of crop loan distribution via cooperatives and the execution of the Pradhan Mantri Fasal Bima Yojana, he emphasized the government's dedication to advancing agriculture and supporting farmers. He stated that transparency in agricultural loan distribution is a top priority. "Farmers registered under the Pradhan Mantri Fasal Bima Yojana who experience crop losses will receive timely compensation from their insurance providers," he affirmed. Several MLAs, including Aali's Pratap Keshari Deb and Mahanga's Sarada Pradhan, shared their insights during the session.


The meeting commenced with an address from Cooperation Commissioner and Secretary Rajesh Prabhakar Patil, while Siddharth Das, the Registrar of Cooperative Societies, extended the vote of thanks. Notable attendees included NABARD CGM Sanjay Kumar Talukdar, AGCS Santosh Kumar Nayak, CEOs of all Central Cooperative Banks, and senior officials from the Cooperation Department.


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