Pradhan Mantri Fasal Bima Yojana

The Pradhan Mantri Fasal Bima Yojana was launched by PM Narendra Modi in February 2016 to provide insurance service for farmers for their crop yields. Here are the latest news and updates on PMFBY.

• Punjab Soon to Join PMFBY As Erratic Weather Wreaks Havoc on Crops

  Punjab, an agrarian state that has never implemented the Pradhan Mantri Fasal Bima Yojana (PMFBY) launched in 2016, is set to join the scheme, which seeks to compensate farmers for crop losses caused by extreme weather events.…

• ‘Fasal Bima Pathshala’ to be Held Across India Under ‘Kisan Bhagidari Prathmikta Hamari’ Campaign

  In the ongoing Kharif Season 2022, the Campaign aims to raise awareness among farmers about key aspects of the Pradhan Mantri Fasal Bima Yojana (PMFBY), such as basic scheme provisions, the importance of crop insurance, and how to access scheme benefits, among other things.…

• PMFBY: Maharashtra Likely to Opt out of Scheme Due to Payment Delays

  Payment delays and Farmers' representations are the reasons for which the Maharashtra government is thinking of opting out of the flagship scheme-PMFBY.…

• PM Fasal Bima Yojana: Crop Insurance Claims Worth Rs. 822.1 crore Pending Due to State Governments' Failure

  About 2,822 crore of the 3,381 crore in outstanding claims is delayed because state governments have not paid the subsidies.…

• 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…

• Pradhan Mantri Fasal Bima Yojana 2020: Hurry Up, Registration Process Starts; Direct Link to Apply Here

  Under the Pradhan Mantri Fasal Beema Yojna Rabi 2020-21, the nomination process has been started to protect the rabi crops from adverse situations and calamities. In many states, farmers can insure till 15 December 2020. Under the PMFBY 2020, indebted and non-indebted farmers who are…

• Crop Insurance: Know the Different conditions in different states

  Agriculture is not a small sector. It is too vast and subject to many kinds of risks including natural calamities and escalated by different other risks such as market conditions, sudden price declination, poor financial conditions and the most important, lack of knowledge about financial…

• Pradhan Mantri Fasal Bima Yojana: Haryana makes PMFBY Mandatory for Farmers

  The move is a blow to the Union government as the scheme was launched with much fanfare and Haryana is a BJP-ruled state. The move is seen as a balance between not exiting the scheme altogether and reducing the burden on their finances…

• PMFBY: Government Stresses on Subsidy Releases for Timely Claim Settlement under Pradhan Mantri Fasal Bima Yojana

  Union Finance Minister Nirmala Sitharaman on Monday (13th July 2020) asked officials to follow up with the states where subsidy releases are still pending, mainly in those states who have not implemented government’s Pradhan Mantri Fasal Bima Yojana (PMFBY) in kharif 2020.…

• PMFBY: How Farmers Can Easily Apply for Pradhan Mantri Fasal Bima Yojana? Direct Link Inside

  Pradhan Mantri Fasal Bima Yojana (PMFBY) is a central government scheme that compensates growers with interest for the loss of crop because of unseasonal or excessive rainfall. With the aim to help farmers affected from natural disasters or sudden change in weather, government had launched…

• PMFBY: How Farmers Can Apply for Pradhan Mantri Fasal Bima Yojana; Step-by-Step Process Inside

  Sowing of Kharif Crops has started with the arrival of the monsoon in the country. The government has issued a notification for Crop Insurance. The Agriculture Department has said that farmers should insure their crops for protection from natural disasters. The process of getting insurance…

• Two More States Exit from Pradhan Mantri Fasal Bima Yojana

  Jharkhand and Telangana became the recent states to opt-out of the Pradhan Mantri Fasal Bima Yojana. Several states like West Bengal, Bihar, Punjab and Andhra Pradesh have already left the scheme. The scheme wanted the farmers to pay 2% of the total premium for the…

• Future Generali India Insurance Company Limited Settles Rs 276 crore of PMFBY Claims

  Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between retail game-changers Future Group and global insurer Generali, has settled INR 276 crores of Pradhan Mantri Fasal Bima Yojana (PMFBY) claims during the lockdown period.…

• Bharatiya Kisan Sangh (BKS) filed the PIL on Pradhan Mantri Fasal Bima Yojna

  Bharatiya Kisan Sangh (BKS) filed the PIL (Public Interest Litigation) with the Gujarat High Court. The BKS sought the quashing of Clause 2 of the PMFBY - Pradhan Mantri Fasal Bima Yojna, which makes crop insurance mandatory for farmers, besides seeking amendments to make the…

• How to GET BENEFITED from PM FASAL BIMA YOJANA

  The new Crop Insurance Scheme is in line with One Nation – One Scheme theme. It incorporates the best features of all previous schemes and at the same time, all previous shortcomings / weaknesses have been removed. The PMFBY will replace the existing two schemes…