Delay in Cotton-Soybean Insurance Payments; Farmers Concerned
By yash chouhan 2026-04-22 11:25:32
Doubt over cotton and soybean crop insurance: Farmers worried over delay in payment, demand clarity before new season
Despite suffering huge losses to the cotton crop in the last Kharif season, farmers have not yet received the insurance amount. Due to this, thousands of farmers are raising the question that when will they get cotton crop insurance and how much compensation will they receive.
The farmers who got crop insurance in Akola district have not yet got complete relief. Especially in the case of soybean insurance, compensation has been sanctioned only to farmers of two revenue divisions—Kurum and Lakhpuri, due to which the rest of the farmers are feeling deprived.
1,31,415 farmers of the district had got soybean crop insured, but after getting limited benefits, now the farmers are eyeing cotton crop insurance. However, no clear announcement has been made yet regarding cotton insurance, due to which there is confusion.
In the last Kharif season, 30,030 farmers of the district had insured cotton crops in about 28,101 hectare area. If seen at the taluka level, 3,372 farmers in Telhara, 7,558 in Akot, 2,479 in Balapur, 1,436 in Patur, 7,890 in Akola, 3,426 in Barshitakli (rainfall zone) and 3,869 in Murtijapur had got insurance.
Last year, there was widespread damage to the cotton crop due to heavy rains and floods during the monsoon. In such a situation, farmers hope that they will get appropriate compensation in the form of insurance.
Now that there is less than one and a half months left for the beginning of the new Kharif season, farmers are facing financial crisis due to delay in the insurance amount. If there was timely payment, farmers could prepare for seeds, fertilizers and other agricultural operations.
Farmers demand that cotton crop insurance should be announced as soon as possible and fair compensation should be given to all eligible farmers. After limited profits in soybean insurance, concerns about cotton insurance have increased further. In such a situation, the administration is expected to take quick decisions and provide relief to the farmers.