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Pradhan Mantri Fasal Bima Yojana - the scheme is the scam. It's not about one private corporation, but over a dozen of them benefit in crores of rupees of public money. #Thread
The scheme's design ensures the siphoning off of over giant sums of public money to private corporations and to a couple of public insurers (in line for privatisation).
In the past three years over Rs. 66,000 crores of state govt. money and central govt money (i.e. public money) have been poured into the PMFBY's operations. (Apart from the premiums paid up by farmers)
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