Today marks the beginning of Crop Insurance Week (1-7 July 2024), a crucial initiative for farmers to secure their income through crop insurance.
Pradhan Mantri Fasal Bima Yojana (PMFBY)
The Pradhan Mantri Fasal Bima Yojana (PMFBY) offers financial assistance to farmers who insure their Kharif crops against natural disasters and unforeseen risks such as diseases and insects.
What is PM Fasal Bima Yojana?
The Pradhan Mantri Fasal Bima Yojana (PMFBY) offers financial support to farmers who insure their Kharif crops against natural disasters and other unforeseen risks.
Farmers can secure their standing crops from damages caused by natural calamities like drought, flood, hailstorm, and more.
Benefits of PMFBY
Under PMFBY, farmers can insure their standing crops against various natural calamities including drought, flood, hail, storm, landslide, cyclone, waterlogging, and fire caused by lightning.
How PMFBY Works
PMFBY provides insurance coverage for standing crops affected by natural calamities such as drought, flood, hail, storms, and more. This initiative aims to safeguard farmers’ livelihoods and ensure stability in agricultural income.
Securing Farmer’s Income
Farmers can safeguard their income by insuring their crops under PMFBY. This insurance covers losses due to natural disasters like droughts, floods, storms, and diseases affecting crops.
To enroll in PMFBY, farmers can visit the official website at PM Fasal Bima Yojana and follow the steps under the Farmer Corner.
Note that direct online enrollment is not available in Karnataka and Gujarat; farmers from these states must use their respective state portals for enrollment.
