pmfby

Farmers paid Rs 1.25 lakh crore as claims till Oct 31: Government

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Farmers paid Rs 1.25 lakh crore as claims till Oct 31: Government

Farmers have been paid claims worth Rs 1,25,662 crore under the Pradhan Mantri Fasal Bima Yojana since its inception in 2016, the government said on Thursday. Crop insurance premium totalling Rs 25,186 crore have been paid by the farmers under the scheme till October 31, 2022. Under the Pradhan Mantri Fasal Bima Yojana (PMFBY), the … Read more

Crop insurance claims at Rs 9,570 cr for 2020-21 lower by over 60 pc from previous year

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Crop insurance claims at Rs 9,570 cr for 2020-21 lower by over 60 pc from previous year

There has been more than 60 per cent decline in the crop insurance claims of farmers at Rs 9,570 crore under the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the 2020-21 crop year from the previous year as there were no major crop losses, according to official data. However, much of the crop insurance claims … Read more