Pradhan Mantri Fasal Bima Yojna (PMFBY)

Pradhan Mantri Fasal Bima Yojana is being implemented since Kharif season 2016. This centrally funded scheme is funded with 50% central share and 50% state share and is being run with the help of 18 insurance companies authorized by the Government of India. Under this scheme, rice, mandua in Kharif season and wheat in Rabi season have been notified in all districts of the state. Lentil crop has also been notified in Rabi season in districts Pauri Garhwal and Pithoragarh. This scheme is being operated as per the guidelines issued by the Government of India.

Objective of the scheme-

To provide financial assistance and insurance coverage to farmers in case of damage to the crop due to any natural disaster or other risk.

To stabilize agricultural income to sustain farming. Objective of the scheme-

• To provide financial assistance and insurance coverage to farmers in case of damage to the crop due to any natural disaster or other risk.
• To stabilize agricultural income to sustain farming.
• To encourage farmers to adopt progressive agricultural practices, high value inputs and higher technology in agriculture.
• To contribute to flow of credit in agriculture, food security, enhancing crop diversification and competitiveness of agriculture sector, besides protecting farmers from production risk.

To provide information on crop insurance to farmers, Government of India has developed Krishak Portal www.pmfby.gov.in and Crop Insuurance Mobile App through which farmers can get information related to the insurance scheme and calculation of insured amount and premium on the basis of insured crop and insured area.

Guidelines of the scheme is-

Revised_Operational_Guidelines (PDF 1 MB)

Beneficiary:

All farmers who have land holdings.

Benefits:

As per above.