PM Fasal Bima Yojana: Know How Farmers Can Get Compensation for Crop Damage

The Central Government is making continuous efforts to increase the income of farmers. There are many such schemes through which  farmers are being benefited and one such scheme is  Pradhan Mantri Fasal Bima Yojana (PMFBY). Under PMFBY, farmers are compensated for crop loss at a low and uniform premium.

Also Read: PM Kisan Yojana: Check Updated Beneficiary Status, Rejected List and Installment Details Here

What is Pradhan Mantri Fasal Bima Yojana?

Under Pradhan Mantri Fasal Bima Yojana, protection is provided from the beginning of the sowing cycle to the post-harvest period. It also includes providing protection against the damages caused by natural calamities. PMFBY is the biggest scheme in terms of farmers’ participation in India.

Farmers have to report within 72 hours about crop damage

What do farmers have to do to take advantage of Pradhan Mantri Fasal Bima Yojana? If a farmer has suffered  crop loss due to the local calamity, then he will have to inform this within 72 hours.

When will you get benefit of PM Fasal Bima Yojana?

• If standing crop is damaged due to the landslide, hailstorm, cloudburst, natural fire, and inundation, then you can claim for crop insurance.

• If the crop is damaged after harvesting due to the cyclone, unseasonal rain, cyclonic rain and hailstorm then also insurance is available.

• In both these situations, the farmers will have to give the information within 72 hours.

What to do to get Crop Insurance?

This is a voluntary scheme. If you want to take the advantage of this scheme then you need to apply for it - online or offline.

It must be noted that  the state government issues advertisements for both Rabi and Kharif seasons.

What are the Objectives of PM Fasal Bima Yojana?

• The Insurance coverage and financial assistance are provided to farmers in case of crop damage as a result of natural calamities, diseases and pests

• To increase the income of farmers in agriculture sector

• To encourage the innovation and adoption of modern methods in agriculture

From Where to get the form for Pradhan Mantri Fasal Bima Yojana?  

You can directly go to your bank to get the PMFBY form. Apart from this, the PMFBY form is also available online. For this you have to go to the official website of Pradhan Mantri Fasal Bima Yojana:  https://pmfby.gov.in/ 

Necessary Documents

• Photo of person, who is taking insurance
• Identity card of the person taking insurance (Aadhar Card/PAN Card/Driving License/Voter ID Card/Passport.)
• Address Proof (Aadhar Card/Driving License/Voter ID Card/Passport)
• Farm Documents

Besides, proof of the crop sown in the field will also be required. For this, you can get it written by Sarpanch, Patwari, Pradhan etc. After this, the insurance money will come directly to the bank account. Note that the canceled check of the account in which you want to receive the money also has to be deposited.