Pradhan Mantri Fasal Bima Yojana – PMFBY

Pradhan Mantri Fasal Bima Yojana – प्रधानमंत्री फसल बीमा योजना

The Government of India has launched a unique scheme which aimed to unite the whole nation. The features of this Fasal Bima Yojna are also unique. There is no weakness like the government’s earlier schemes. Earlier the government had introduced two unique insurance schemes to ensure the future of the ordinary people. But the schemes didn’t achieve the desired success. So in the year 2016, the Narendra Modi government started this scheme to boost the financial side of the farmers in India. Get more info from here on Pradhan Mantri Fasal Bima Yojana scheme.

The objectives of the newly launched scheme

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The primary objective of this PM Fasal Bima Yojna is to help the poor farmers who have to face a great loss because of any natural calamity. This scheme gives financial security to the families of the farmers. This Pradhan Mantri Fasal Bima Yojna also ensures the financial stability of the farmers. With the help of this scheme, the farmers can afford the modern agricultural technologies. It has helped the sector of agriculture a lot. Here you can get the PM Modi Schemes from the Central Government of India.

Crop Insurancecrop insurance in pmfby

To check the crop insurance in PMFBY portal, you have 6 ways to get the insurance details. On choosing the options like Farmer, State, Company, Bank, Intermediary, Center, choose any of the options and check the insurance coverage to your crop.

Follow the below links and get more information about the Pradhan Mantri Fasal Bhima Yojana scheme:

  • Insurance Premium Calculator
  • Premium and Sum Insured Report
  • Farmer Application

Some distinctive features of this schemePradhan mantri fasal bima yojana scheme

There is no particular limitation of the subsidy. There are some restrictions for the farmers who can avail this facility. The farmers must have an existing loan account in the current season. Though, the government can also change the conditions as per the need. Pradhan Mantri Fasal Bima Yojna covers the risk related to agriculture like Storm, Cyclone, Tornado, natural fire, drought and many more. In case of losses after the harvest, the farmers can get the coverage within two weeks.

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