Bank delay denies ryots insurance cover

Hyderabad | Wednesday | 18th July, 2018

Summary:

But the instruments were handed over only on Monday — a day after the insurance scheme, Restructured Weather Based Crop Insurance Scheme (RWBCIS), was closed for subscription. Meanwhile, agriculture officers in the district say that there is hope for the farmers only if the Agriculture Insurance Company of India extends the closing date. State Bank of India, Nampally branch, about 50 kms from here, had accepted payments for issue of demand drafts on July 13. The scheme provides cover to cotton, chilli, sweet lime and oil seed crops, with separate closing dates for registration. Speaking to The Hindu, branch manager G.

Yugandhar however says the branch with just three members staff, including himself, did their best..