skip to content

Crop Insurance Scheme

CROP INSURANCE SCHEME NEWS

Maharashtra govt scraps Re 1 crop insurance; switches back to old system

April 30, 2025 1:28 am

As per the new decision, farmers will now pay premiums worth 2 per cent for Kharif, 1.5 per cent for Rabi and 5 per cent for cash crops of the sum assured

In Haryana, crop insurance payments to farmers drop by over 90% in one year — from Rs 2496.89 crore in 2022-23 to Rs 224.43 in 2023-24

February 14, 2025 9:32 am

Deepender Hooda says this can create a serious financial crisis for farmers, alleges PMFBY has become a scheme for filling the coffers of private insurance companies.

Knowledge nugget of the day: Crop Insurance Schemes

January 11, 2025 10:55 am

The crop insurance schemes — PMFBY and RWBCIS — aimed at helping farmers with risk coverage for crops against non-preventable natural calamities have been extended until 2025-26. So, what are PMFBY and RWBCIS? Go beyond the nugget and learn about di-ammonium phosphate (DAP). Take a look.

New high for PM Fasal Bima: New-loanee area 70% higher compared to 2021-22

January 14, 2024 7:51 am

Insured non-loanee area accounted for 36 per cent of total insured area under PMFBY during 2022-23; highest in 5 years

Centre’s crop insurance scheme finds more takers

January 13, 2024 8:42 pm

Insured non-loanee area accounted for 36 per cent of total insured area under PMFBY during 2022-23; highest in 5 years.

State looks to Centre as crop insurance firms deny advance to farmers

October 20, 2023 1:27 am

The issue of crop insurance companies denying claims to farmers was discussed in the state cabinet meeting heldon Thursday.

PM crop insurance scheme: Farmers bemoan glitches in online registration, deadline extended till Aug 3

July 31, 2023 6:10 pm

According to Munde, "Till date, 1.50 crore farmers in Maharashtra have enrolled themselves in the PM crop insurance scheme by paying a nominal fee Re 1. They have conveyed their participation."

Explained: What is the Beed model of crop insurance Maharashtra is pushing for?

June 11, 2021 7:35 am

Launched in 2016, the flagship PMFBY insures farm losses against inclement weather events. Farmers pay 1.5-2% of the premium with the rest borne by the state and central governments.

PMFBY 2.0: A revamped crop insurance scheme

February 27, 2020 4:58 am

The recent tweaks to the Pradhan Mantri Fasal Bima Yojana, including making it 100% voluntary and capping premiums at 30%, are going to be a game-changer.

Government seeks views of states on crop insurance scheme

June 25, 2019 10:12 pm

Responding to a supplementary, Minister of State for Agriculture Purushottam Ropala said during Question Hour that on Monday, the ministry has written to all states seeking their views on whether the scheme should be made voluntary/optional.

Advertisement
Advertisement
Advertisement