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SC stays Bombay HC order asking insurance firm to compensate farmers for crop loss under PMFBY

Arti kumari | Social Thikana

The Supreme Court has stayed a Bombay High Court order which had asked Bajaj Allianz general insurance company ltd. to compensate over 3.5 lakh farmers under the pradhan mantri fasal bima yojana for loss of soya bean crop due to heavy rainfall in 2020. A supreme court vacation bench comprising justices J K Maheshwari and Hima Kohli, however asked the insurance company to deposit INR 200 crore wirh its registry within a period of six weeks from june 16. In a major relief to soya bean farmers of Osmanabad district of Maharashtra who had suffered crop loss due to heavy rainfall in the kharif season of 2020 the bombay high court circuit bench in Aurangabad recently directed the insurance company to compensate them. The insurance firm was represented in the supreme court by senior advocate vivek tankha and other lawyers including tanvi dubey.

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