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PMFBY
PMFBY NEWS
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.
UPSC Current Affairs Pointers of the past week | January 20 to January 26, 2025
March 06, 2025 11:26 am
Since the UPSC 2025 notification is out and the Prelims exam is only five months away, are you ready with your Current Affairs preparation? Don't miss out on important current affairs topics such as the Fiscal Health Index, Indus water Treaty, Scramjet Vehicle, Padma Awards, Kho-Kho World Cup, and more. You can also test your knowledge by solving MCQs.
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.
PMFBY data: ‘Moong, soyabean most insured crop in Maharashtra; cotton, paddy least’
December 20, 2022 10:35 am
This Kharif season, 99.68 per cent of the area under moong was insured, while only 11.07 per cent of the paddy crop was covered under the scheme.
Pradhan Mantri Fasal Bima Yojana: Andhra rejoins, efforts on to woo 5 other states
July 13, 2022 6:55 am
On Tuesday, the Agriculture Ministry announced that Andhra Pradesh has decided to “rejoin” the PMFBY following talks between Union Agriculture Minister Narendra Singh Tomar and Chief Minister Y S Jagan Mohan Reddy.
Insurers cut exposure to govt’s flagship crop cover scheme PMFBY
August 27, 2021 4:09 am
Gross premium underwritten by general insurers has fallen by 12.37% to `4,221 crore in the four-month period ended July 2021 as against `4,817 crore in the year-ago period.
Maharashtra uncertain on how to implement crop insurance scheme after Centre says no to Beed model
June 25, 2021 10:05 am
PMFBY is the flagship program of the state government wherein the state and the Centre bear the maximum amount of the premium, while farmers bear just a small portion of it. The insurance cover shields farmers from crop loss in case of climatic events.
This Kharif season, PMFBY sees sharp fall in farmers covered, sums insured
August 11, 2020 8:27 am
"Opposition-ruled Maharashtra, Rajasthan and Chhattisgarh record highest coverage, even as many states, including Gujarat and MP, pull out of Modi government's flagship insurance scheme.
Ahead of NDA meet: Nitish Kumar scraps PM's insurance scheme, launches new plan for Bihar farmers
June 06, 2018 2:30 pm
The June 7 meeting between NDA constituents in Bihar is being seen as a show of unity ahead of 2019 polls. Deputy Chief Minister Sushil Kumar Modi has denied any tiff between BJP and JDU.
Look who’s cashing in on crop insurance plan-insurance firms
August 28, 2017 5:41 am
Insurers did not lose much money on claims made by farmers either, as 80-85 per cent of the premium is reinsured with reinsurance companies.
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