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International

Government allows state-owned general insurers to sell farm insurance plans

July 04, 2016 Reprints

All four public sector general insurers in India have been allowed to participate in the government's farm insurance schemes – the Pradhan Mantri Fasal Bima Yojana and Unified Package Insurance Scheme, reported Mint.

Previously, only 11 private sector players were allowed to participate.

All the four state-owned insurers will associate with Agriculture Insurance Co. of India Ltd. to provide cover under the schemes.

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Government allows state-owned general insurers to sell farm insurance plans

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