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TMI BlogUnion Finance Minister Shri P. Chidambaram takes Initiative to Ensure that 100% of the Claims of the Farmers Affected by Drought in 2012 in Tiruvadani Taluk, Ramanathapuram District are Released as Early as PossibleX X X X Extracts X X X X X X X X Extracts X X X X ..... Union Finance Minister Shri P. Chidambaram takes Initiative to Ensure that 100% of the Claims of the Farmers Affected by Drought in 2012 in Tiruvadani Taluk, Ramanathapuram District are Released as Early as Possible - News and Press Release Dated:- 7-1-2014 - News - Following is the Text of the Statement issued by the Finance Minister Shri P.Chidambaram here today: There were representations ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that Agricultural Insurance Corporation (AIC) had not paid-out the insurance amounts to the farmers affected by drought in 2012 in Tiruvadanai Taluk, Ramanathapuram District. I took up the matter with the Agricultural Insurance Corporation. I have been informed that the first instalment of NAIS claims amounting to Rs. 740.80 crore in respect of paddy crop of Tamil Nadu has been approved. The s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hare of the claims is as under: a) Government of India : Rs. 303.40 crore b) State Government : Rs. 303.40 crore c) AIC : Rs. 134.00 crore AIC has about 83.8% of the amount required to satisfy the claims from Tamil Nadu in full. Hence, they propose to release 83.8% of the claim to all the eligible farmers. The balance amount will be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... released on receipt of the remaining contribution. I intend to follow-up with AIC to ensure that 100% of the claims of the farmers are released as early as possible. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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