Farmers get Rs 1.25 trillion as claims till October 31 under Pradhan Mantri Fasal Bima Yojana since 2016
NEW DELHI: 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 […]
India allocates Rs 16000 crore for Pradhan Mantri Fasal Bima Yojana for 2021-22
To boost the safety of farmers’ crops and ensure maximum benefit of crop insurance reaches to farmers, the Government of India has allocated Rs 16000 crores for Pradhan Mantri Fasal Bima Yojana(PMFBY)for the fiscal year 2021-22. This is a budgetary increase of around Rs 305 crore as against the previous fiscal year 2020-21, which reiterates […]