The Hindu·2 min read·medium

Centre agrees to release ₹1,900-crore crop insurance premium dues to A.P.

T
The Hindu Bureau
Centre agrees to release ₹1,900-crore crop insurance premium dues to A.P.
AI Summary

The Indian Central government has agreed to release ₹1,900 crore in pending crop insurance premiums to Andhra Pradesh. These funds will be distributed directly to farmers to address financial losses incurred between 2019 and 2024.

The Central government has agreed to release crop insurance premiums of ₹1,900 crore that remained unpaid between 2019 and 2024 in instalments, and these funds would be credited directly into the farmers’ accounts, Andhra Pradesh Agriculture Minister K. Atchannaidu said in a release on Saturday.

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