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Correct Option is KR Manjunath

Solution:Govt set up 2 sub-committees under PMFBY to lower Crop Insurance Premium
The Central government has appointed 2 sub-committees with separate groups of experts comprising officials from Centre, key crop-producing states and top executives of public sector insurance companies to lower crop insurance premium under Pradhan Mantri Fasal Bima Yojana (PMFBY).
The sub-committees will submit their report by January 10, 2022, to the working group which was constituted in September, 2021, headed by PMFBY CEO, currently Ritesh Chauhan, to examine alternate risk management mechanisms for rationalising the premiums.
First Committee is a ten-member committee under scientist KR Manjunath of ISRO that will explore the feasibility of adoption of various technology-based approaches developed through pilot projects by ISRO and its arm National Remote Sensing Centre (NRSC) as well as Mahalanobis National Crop Forecast Centre (MNCFC) of the Union Agriculture Ministry.
Second Committee is headed by Saurabh Mishra, joint secretary in Ministry of Finance. It will conduct cost benefit analysis of all ‘accepted models – agriculture insurance pool, cup and cap 80-110 percent and co-insurance 20-80 percent’ as well as any profit-loss sharing model.
 

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