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Government Schemes Details
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Pradhan Mantri Fasal Bima Yojana
Ministry of Agriculture & Farmers Welfare
Budget: ₹69,515 Cr
Description
Pradhan Mantri Fasal Bima Yojana (PMFBY) is a flagship crop insurance scheme launched to provide financial protection to farmers against crop loss or damage due to natural calamities, pests, and diseases. The scheme ensures stability in farm income and encourages adoption of modern agricultural practices.
Benefits
Insurance coverage against crop failure Low premium rates for farmers Financial support during crop loss Encourages sustainable farming Quick claim settlement through technology
Eligibility
All farmers including sharecroppers and tenant farmers Farmers growing notified crops in notified areas Enrollment through banks, CSCs, or insurance companies
How to Apply
Visit nearest Common Service Center (CSC) or bank Apply online via government portal Submit crop and land details Pay applicable premium Receive acknowledgment and policy details
Apply Online