Crop Insurance Scheme

CROP INSURANCE SCHEME NEWS

Big announcement under PM Fasal Bima Yojana: Crop insurance to cover losses due to wild animal attacks, paddy inundation from 2026 kharif season

November 19, 2025 1:42 am

According to the ministry, the decision responds to “long-standing requests from several states” and is aimed at strengthening protection for farmers against sudden, localised and severe crop damage. 

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.

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