Agriculture Insurance Co. Of India vs Farmer'S Service Co-Op. Society Ltd. on 31 May, 2016
Further, we could see that, similar such view is also taken by Hon'ble National Commission in FA/264/2010 in the case of Agriculture Insurance Co., of India vs. Farmer's Service Co-Op Society ltd., dtd.31.05.2016, so also, in RP/2574/2012 in the case of Agriculture Insurance Co., of India vs. Agriculture Service Co-operative Bank Ltd., & Ors., as to the cases relating to Agricultural Insurance should be dealt with strictly adhering to the provisions of the scheme only, where claims under the scheme will be settled only on the basis of data received from CCEs and not on any other basis such as annavari, declaration of drought etc.,
It is made out that, the orders passed by the Commission below which are based on the average yield data report of the Directorate of Economics and Statistics, Bengaluru and price index of the market value of the crops issued by APMC, Ballari cannot be made the basis for determining the compensation payable to the farmers. It is therefore, the Commission below has taken an erroneous view by not placing reliance on the provisions of the scheme under which the farmers were insured.