PMFBY

The Pradhan Mantri Fasal Bima Yojana was launched on 18 February 2016 by PM Narendra Modi, which gives an insurance service for farmers for their yields. Here are the latest news and updates on PMFBY.

• Crop Damaged Due to Natural Reasons is Completely Covered and Farmers Get its Benefit: Shivraj Singh Chouhan

  Union Minister Shivraj Singh Chouhan lauded the Pradhan Mantri Fasal Bima Yojana in the Lok Sabha, highlighting its significant improvements over previous crop insurance schemes.…

• Farmers Paid Rs 32,440cr Premium under Pradhan Mantri Fasal Bima Yojana: Govt

  Five times more claims have been paid out when compared to the premium paid by farmers. The minister said the government has taken several measures on issues like assessment of damage through remote sensing.…

• Telangana Rejoins PMFBY; Farmers Set to Benefit from Next Crop Season

  The decision was followed by discussions with key officials, reflecting the government's commitment to farmer-centric policies for overall state development.…

• PMFBY: PM Modi to Release Samman Nidhi for Rajasthan Farmers in Sikar on July 27

  The upcoming public meeting in Rajasthan’s Sikar with PM Modi promises to be a significant moment for the region and the farmers who will receive the benefits of the Pradhan Mantri Kisan Samman Nidhi scheme.…

• Jharkhand Mulling To Return To PMFBY Says Government Officials

  After choosing to be out of the PMFBY in 2021-22, Jharkhand mulling returning to PMFBY after the impact of EL NINO. Read more details!…

• Karnataka Raitha Suraksha Pradhan Mantri Fasal Bima Yojana Crop Insurance Demanded by Farmers

  With the registration deadlines fast approaching, farmers are urged to take advantage of this valuable opportunity to protect their crops and secure their future through Raitha Suraksha Pradhan Mantri Fasal Bima Yojana.…

• Farmer's Perseverance Pays Off as He Finally Receives Insurance Settlement Under PMFBY After Seven Years

  Eranna Pasar paid a premium of 6,637.08 to Universal Sompo General Insurance Company Limited to cover the red gram crop he had planted on 20 acres of land.…

• Puducherry Emerges as Champion in Implementing PM Fasal Bima Yojana

  The PM Fasal Bima Yojana continues to play an essential role in preserving the economic interests of industrious farmers by lowering the risk associated with weather uncertainty.…

• PMFBY Latest Update: Govt Plans to Redesign Crop Insurance Scheme in Response to Farmers' Concerns

  The Indian government is planning to remodel the Pradhan Mantri Fasal Bima Yojana (PMFBY), a state-run crop insurance scheme, to provide more coverage for less expenditure and ease the financial burden on states. This move comes after several state governments expressed the need for protection…

• PMFBY Extended to Farmers of All 20 Districts of Jammu & Kashmir

  The government expanded the Pradhan Mantri Fasal Bima Yojana (PMFBY) to farmers in all 20 districts of Jammu and Kashmir, marking a significant step towards the welfare of farmers.…

• "Centre is Constantly Working to Improve PMFBY's Implementation in Rajasthan": Kailash Choudhary

  All of the nation's farmers have been reassured once again by Union Minister of State for Agriculture and Farmers Welfare Kailash Choudhary that the Central Government is committed to their overall development and that their interests will be fully protected.…

• “PMFBY No.1 Crop Insurance Scheme Globally”: Narendra Singh Tomar

  In order to stabilise the farmers' income, PMFBY aims to offer a comprehensive insurance cover against crop failure. Tomar in his written reply to the Lok Sabha stated that Pradhan Mantri Fasal Bima Yojana is the world's third-largest crop insurance scheme in terms of gross…

• Claims Worth Rs 1.25 Lakh Crore Paid to Farmers Under PMFBY, Agriculture Ministry Asserts

  Replying to criticism of crop producers not being aided enough through the Pradhan Mantri Fasal Bima Yojana (PMFBY), the agriculture ministry on Thursday affirmed that farmers have received payments of Rs 1,25,662 crore since the commencement of the scheme in 2016…

• PM Fasal Bima Yojana: Punjab Agrees to Join Central Government's Crop Insurance Scheme

  After years of opposition, Punjab's Aam Aadmi Party government has finally given approval to Pradhan Mantri Fasal Bima Yojana (PMFBY).…

• PMFBY: Government Plans to Amend Fasal Bima Yojana to Attract More Farmers

  The Pradhan Mantri Fasal Bima Yojana (PMFBY), launched in February 2016, intends to give money to farmers who have crop loss or damage as a result of natural disasters.…

• PMFBY: Government Receives More Applications from Small Farmers, Less from Marginal Ones

  Due to the ongoing risk of unpredictable weather, farmers have found the crop insurance scheme to be a lifeline. A small percentage of the premium is paid by cultivators when they sign up for the Scheme; the majority of the cost is covered by the…

• PMFBY Latest Update: Telangana to Rejoin Pradhan Mantri Fasal Bima Yojana This Kharif Season

  After the Center accepted the state government's proposal to make the PMFBY available to all farmers, the government of Andhra Pradesh stated earlier this month that it would rejoin the scheme, effective with the Kharif 2022.…

• PMFBY: Over 50 Lakh Farmers in Maharashtra Register for PM Crop Insurance Scheme

  Pradhan Mantri Fasal Bima Yojna (PMFBY) was launched on 18 February 2016 by Prime Minister Narendra Modi…

• PM Fasal Bima Yojana Sees Poor Coverage of SC Farmers in Tamil Nadu

  Tamil Nadu performs poorly in terms of the coverage of Scheduled Caste farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY).…

• Farmers will Get Crop Security as Andhra Pradesh Returns under PMFBY- Tomar

  Andhra Pradesh has decided to implement the PMFBY beginning with the Kharif-2022 season. The Central Government is committed to empowering farmers across the country, including Andhra Pradesh, by securing their income-livelihood and realizing Prime Minister Narendra Modi's AatmaNirbhar Bharat (self-sufficient India) and self-sufficient farmer dreams.…

• PMFBY Crop Insurance Schemes to Roll Out in Jammu & Kashmir

  The Chief Secretary gave the meeting of the SLCCCI the go-ahead to implement the PMFBY and RWBCIS crop insurance schemes in the UT of JK.…

• Pradhan Mantri Fasal Bima Yojana: More Crops to Get Insurance Cover Soon

  Agriculture Minister P. Prasad stated on Friday that a decision will be made soon to cover more agricultural crops under insurance.…

• PMFBY: 27 Lakh Farmers in UP Receive Compensation of Rs. 3,000 Crore

  A compensation of Rs 3074.6 crore has been deposited in the accounts of 27.59 lakh farmers in Uttar Pradesh as part of the Pradhan Mantri Fasal Bima Yojana in an effort to increase farmers' income and guarantee the protection of their crops.…

• PMFBY Update: Supreme Court Stays Bombay HC Ruling to Insurer to Compensate Farmers for Crop Loss

  The high court decision came in response to several farmer petitions contesting the denial of insurance coverage for post-harvest losses.…

• PMFBY: Maharashtra Seeks Centre’s Approval to Implement ‘Beed Formula’

  Concerned about insurance companies charging premiums that are higher than the average 'burned out' cost, Maharashtra wants to implement the 80:110 plan, which was first approved for the Beed district during Kharif 2020 when no insurer participated in the tender due to two consecutive years…

• PMFBY: Government Targets Over 1 Crore Farmers to Promote PM Fasal Bima Yojana

  Over one crore farmers are expected to tune into the minister’s speech through gram sabhas, primary agri cooperative societies (PAC), common service centers (CSCs), and farmer producers organizations (FPOs).…

• PMFBY: Tomar Launches “Meri Policy, Mere Haath” Campaign; Crores of Farmers to get Benefit

  Union Agriculture Minister Narendra Singh Tomar on Saturday launched a nationwide campaign "Meri Policy, Mere Hath" aimed at motivating farmers to insure crops.…

• How to Apply for PMFBY? Check Step-by-Step Registration Process

  PMFBY is a very beneficial scheme that provides a comprehensive insurance cover against the failure of crops thus helping in stabilizing the income of farmers.…

• PMFBY: Centre To Launch ‘Meri Policy Mere Hath’ Campaign To Provide Crop Insurance Policies To Farmers

  Govt. will launch a doorstep distribution drive to deliver crop insurance policies to the farmers ‘Meri Policy Mere Hath’ in all implementing States.…

• PMFBY: Government Plans to Launch a Massive Drive to Reach 1 crore Farmers

  The nationwide programme, which will be launched on February 26 at a function in Indore, Madhya Pradesh, by Union Agriculture Minister Narendra Singh Tomar, is dependent on the active participation of states.…

• PM Fasal Bima Yojana: Best Companies Providing Crop Insurance To Farmers

  In this article we will tell you which companies should you get Crop insurance from in order to get the benefit of Pradhan Mantri Fasal Bima Yojana.…

• PMFBY: 30 Lakh Farmers Benefitted As Government Starts Paying Claims of Crop Loss

  After the repeated follow-ups by the office of the Agriculture Commissioner, insurance companies implementing Pradhan Mantri Fasal Bima Yojana (PMFBY) have started paying claims of the crop loss in Maharashtra.…

• PMFBY: Uttar Pradesh Starts Campaign to Include More Farmers Under PM Fasal Bima Yojana

  The Yogi Adityanath government is set to mobilise the farming community by launching a state-wide drive from December 1 to bring the maximum number of farmers under the Central crop insurance scheme -- Pradhan Mantri Fasal Bima Yojana (PMFBY).…

• PMFBY: Pradhan Mantri Fasal Bima Yojana Gaining Popularity in Rajasthan

  Agriculture Minister of Rajasthan Lalchand Kataria said on Monday that the Pradhan Mantri Fasal Bima Yojana is becoming popular in the state as a result of the state government's innovations, constant publicity, and prompt payment of insurance claims to farmers and that the number of…

• PMFBY: Congress Demands Rs 10000 per acre for Every Farmer Who Faced Crop Loss Due to Rain

  The State Congress in Karnataka has asked the BJP government to compensate farmers for standing crops damaged on more than five lakh hectares due to excessive rainfall in October and November.…

• PMFBY: Reliance General Insurance Denied Claims for the Kharif 2021 Season

  Reliance General Insurance has not paid claims under the Pradhan Mantri Fasal Bima Yojana (PMFBY) for Kharif 2021 season despite receiving the first instalment of premium while all other insurance companies have started have started depositing the loacalised calamity and mid-season adversity claims amount in…

• PMFBY: Rajasthan to Make Additional Allocation of Rs.500 crore under Crop Insurance Scheme

  In the monsoon season, where in many districts due to excess rain, due to less rainfall in many districts, the crops of the farmers have suffered a lot. In such a situation, this loss to the farmers is compensated by the state government under the…

• PMFBY: Crop Insurance Claims for 2020-21 Drop by over 60 percent YoY to Rs 9,570 crore

  In 2016-17, an improved version of PMFBY was launched over the former crop insurance schemes. To ensure that the benefits to reach the farmers in time and adequacy, the operational guidelines were revised with effect from Rabi 2018 and Kharif 2020, respectively.…

• PM Fasal Bima Yojana Facilitation Center will be Set up in Uttar Pradesh

  There’s good news at the government level for the farmers residing in Lalganj, Uttar Pradesh. This facility is going to be available to those farmers who have been deprived of the benefits of Pradhan Mantri Fasal Bima Yojana till now.…

• PMFBY: Over 11% Fall in Enrollment of Farmers this scheme

  According to provisional data of 19 states (excluding Karnataka), there is over 11% fall in enrollment of farmers under crop insurance during Kharif 2021 from last season’s 1.68 crore.…

• PMFBY: Why Farmers Are Unhappy With PM Fasal Bima Yojana

  Though Pradhan Mantri Fasal Bima Yojana (PMFBY) has been implemented across the country since 2016-17, the farmers are not keen on the Fasal Bima Yojana in Kodagu.…

• PMFBY Update: Insurance Companies Reduce Exposure to Crop Insurance

  General Insurance companies are gradually decreasing their exposure to the crop insurance segment, Pradhan Mantri Fasal Bima Yojana, (PMFBY), in order to balance their portfolios and cut down losses on account of high claims, as the union government made the scheme optional and slashed its…

• PMFBY: Farmers to Get Compensation for Crop Damage; Know How to Apply

  Rs. 61 crore have been released under Pradhan Mantri Fasal Bima Yojana (PMFBY).…

• PMFBY: Over Rs 1,000 Crore Crop Insurance Dues Not Yet Paid: Biju Janata Dal

  BJD party spokesman Sasmit Patra said till Kharif 2020, the total premium paid to insurance companies was Rs 6163.28 crore while the payment by the insurance companies was Rs 5,098.64 crore. Thus, the insurance companies profited to the tune of Rs 1,064.64 crore, he said.…

• PMFBY: Rajasthan Government Introduces Premium Subsidy Worth Rs 61.45 Crore

  Under Pradhan Mantri Fasal Bima Yojana (PMFBY), Rajasthan government introduced a premium subsidy worth Rupees 61.45 crore.…

• PMFBY Quiz: Play and Win Rs 11,000; Check Details

  The Ministry of Agriculture & Farmers Welfare is conducting “PMFBY Quiz” competition through MyGov from 21st June to 21st August 2021 with the goal to create awareness amongst the citizens about ‘Pradhan Mantri Fasal Bima Yojana (PMFBY), launched on 18th February 2016 by Prime Minister…

• Tamil Nadu Asks PM Modi to Remove Capping on Centre’s Share in PMFBY

  In a letter to Modi, Stalin stated that the Fasal Bima Yojana has been successfully implemented, and Tamil Nadu has seen a large increase in terms of area insured and farmer enrollment as a result of the state's honest efforts and best practices.…

• PMFBY Latest Update: Insurance Companies to Include Names of Nominee in Crop Insurance Scheme

  As per the information, the Karnataka government has now directed insurance firms to include the names of farmers’ family members as nominees while offering the insurance cover under the PMFBY.…

• PMFBY: Deadline to Register for PM Fasal Bima Yojana Extended; Details Inside

  The Maharashtra government's demand to extend the cut-off date for enrolment of farmers under the Pradhan Mantri Fasal Bima Yojana for the Kharif season 2021 from July 15 to July 23 was met on Thursday by the Central government.…

• PMFBY Update: Assam to Register 5 lakh Farmers under Pradhan Mantri Fasal Bima Yojana till July 31

  The Agriculture department in Assam has set a target to register 5 lakh farmers under Pradhan Mantri Fasal Bima Yojana (PMFBY) for ensuing Sali paddy till July 31.…