PM Fasal Bima Yojana:- Pradhan Mantri Fasal Bima Yojana has been begin to provide security to the farmers of the country. Under this plan, insurance cover is on condition that to the farmers by the central government in case of crop failure i.e. the indemnity claim amount will be on condition that to the farmers in case of crop failure. The Pradhan Mantri Fasal Bima Yojana has been put back by the two earlier schemes by the government. In these 2 schemes, the first plan was the National Agri Insurance Scheme and the second was the Modified Agri Insurance Plan. There were many shortcomings in both these plans.
The biggest drawback of both the old yojana was their long claim process. Due to which the farmers had to face a lot of strain to claim the crop damage. For this reason, Pradhan Mantri Fasal Bima Yojana was begin instead of these two plan. If you are also a farmer and want to get the benefit of crop insurance yojana, then you have to read this article in particular till the end. Through this Pradhan Mantri Fasal Bima Yojana, insurance claim amount of Rs 1.8 lakh crore has been provided to the farmers. The goal of this scheme is to benefit as many farmers as possible.
PM Fasal Bima Yojana 2023
The Pradhan Mantri Fasal Bima Yojana has been float by Prime Minister Narendra Modi for the interest of the farmers. The scheme was float on 13 May 2016 at Sehore in Madhya Pradesh. Under PMFBY, if a farmer’s crop gets harm, then in such a situation a provision has been make to supply insurance cover to the agronomist. Keeping in view the economic condition of each farmer, the premium amount has been kept very low. Since the inception of this scheme, 36 crore farmers have been on condition that insurance cover by the Central Government.
PM Fasal Bima Yojana is a crop insurance scheme implemented by the Government of India to protect farmers against crop losses due to natural calamities. Under this scheme, farmers are provided with financial support in case of crop damage caused by adverse weather conditions such as drought, flood, or cyclone. The scheme aims to alleviate the financial burden on farmers and ensure their livelihoods are sustained even in times of distress. It is important for farmers to understand the eligibility criteria and the application process to avail the benefits of this scheme. To participate in the PM Fasal Bima Yojana, farmers need to enroll themselves and pay a nominal premium.
PM Fasal Bima Yojana 2023 Details
| Scheme Name | Pradhan Mantri Fasal Bima Yojana |
| was started | by Prime Minister Narendra Modi |
| launch of the plan | on 13 May 2016 |
| Ministry | Ministry of Agriculture and Farmers Welfare |
| beneficiary | farmers of the country |
| Objective | To compensate farmers for crop related losses |
| Year | 2023 |
| Category | Govt Schemes |
| maximum claim amount | 2 lakh rupees |
| Application process | online/offline |
| Official Website | pmfby.gov.in |
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Objective of Pradhan Mantri Fasal Bima Yojana
The primary target of beginning Pradhan Mantri Fasal Bima Yojana by State head Narendra Modi is to give monetary help to ranchers experiencing crop misfortune because of regular disasters so ranchers can be urged to embrace creative and current cultivating techniques and ranchers’ pay can be expanded. stable and to guarantee congruity in their development. Under this plan, various assets are given by the public authority to the ranchers on the deficiency of yields. Ranchers of the nation can get benefits by applying under this plan.
Information has to be given 72 hours in advance
Under the Pradhan Mantri Fasal Bima Yojana, it is the obligation of the ranchers to illuminate the farming division about the yield harm in no less than 72 hours, in the event of harvest misfortune because of regular disaster. Aside from this, the rancher needs to give a composed objection to the Region Organization Farming Division. What’s more, you need to give all relevant info of your yield misfortune recorded as a hard copy. Move will be made by the Locale Organization Agribusiness Division when the protest is gotten. For this data is given to the insurance agency right away. After which, on getting the data from the insurance agency, the method involved with giving protection cover to the rancher begins.
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How to Check PM Fasal Bima Yojana 2023 Online?
- First of all you have to go to the official site of Pradhan Mantri Fasal Bima Yojana.
- After this the home page of the web portal will open in front of you.
- On the home page, you have to click on the option of Farmer Corner Apply for Crop Insurance yourself.
- After this the Farmer request page will open in front of you.
- On which you have to click on the choice of Guest Farmer.
- On clicking, the registration form will open in front of you.
- Presently you need to painstakingly enter all the fundamental data looked for here. As-Rancher subtleties, private subtleties, Rancher ID Record Subtleties
- After entering all the notification you have to enter the captcha code given below.
- After that you have to click on the choice of Submit.
- In this way your application process will be full.
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Main points of Pradhan Mantri Fasal Bima Yojana
- Under Pradhan Mantri Fasal Bima Yojana, insurance cover amount is give to agronomist in case of loss of crops due to natural calamity.
- Under this plan, farmers are charged a premium of 1.5% for Rabi crops, 2% for Kharif crops & 5% for commercial and horticultural crops.
Very low premium is charged by agronomist for getting crop insurance done by themselves. - Most extreme expense is paid by the public authority so no rancher is denied of getting the protection cover thus that the harm brought about by the catastrophe can be effortlessly redressed.
- After harvesting, if the crop is in the field for 14 days and it is remember during that time, then in such a situation the farmer will be able to get the claim amount.
- PMFBY makes extensive use of technology so that there is less use at the time of agreement.
- The Pradhan Mantri Fasal Bima Yojana is manage by the Agriculture India Insurance Company.
- Under this yojana, an allocation of Rs 5550 crore was made to the farmers in the budget 2016-17.
- Since the inception of this scheme, 36 crore farmers have been protected till date.
Conclusion
The PM Fasal Bima Yojana is a government-sponsored crop insurance scheme in India that aims to provide financial support to farmers in the event of crop failure or damage due to natural calamities. Under this scheme, farmers pay a nominal premium and the government provides them with insurance coverage for their crops. In case of any loss, the insured farmer receives compensation that helps them recover from the financial setback. This scheme not only provides a safety net for farmers but also encourages them to adopt modern farming techniques and practices. It is a helpful initiative that ensures the well-being and stability of farmers, safeguarding their livelihoods and contributing to the overall growth of the agricultural sector in India.
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