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Saturday, May 30, 2020

Pradhan Mantri Fasal Bima Yojana


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.

Explained: How crop insurance changes

February 21, 2020 9:31 am

The Cabinet has limited the premium subsidy it pays under its flagship crop insurance schemes. How did the schemes work, what has now been tweaked, and what will be the likely fallout on states and farmers?

Govt makes crop insurance schemes voluntary

February 20, 2020 2:24 am

In the revised PMFBY, states will not to be allowed to implement the scheme in subsequent seasons in case of considerable delay by states in release of requisite premium subsidy to insurance companies concerned beyond a prescribed time limit.

Maharashtra: Crop insurance fails in 10 districts, govt taps options for farm relief

January 16, 2020 3:02 am

After the state agriculture department earlier divided the 32 rabi districts in the state into six clusters and invited tenders for the implementation of the Centre’s flagship farm insurance scheme, no bids were received for 10 districts.

Gujarat: Govt fudging farm figures to benefit insurance firms, says Congress

January 01, 2020 5:35 am

At a press conference, the GPCC displayed the yield and insurance covered in two villages of Junagadh district in 2018 during Kharif season to claim that almost 90.06% insurance amount was not paid to eligible farmers.

Maha polls: As political parties promise complete waiver, farmers default on crop loan but pay up for insurance scheme

October 17, 2019 1:40 am

The central government’s flagship programme, PMFBY insures farmers against crop loss due to inclement weather. Under the scheme, farmers have to pay 2 per cent of the premium amount and the government pays the rest.

Gujarat wants Centre to make Pradhan Mantri Fasal Bima scheme voluntary

July 12, 2019 2:53 am

Under the proposal, the government is planning to replace the scheme with a separate mechanism under which it will have a special corpus to compensate farmers in the event of crop failure.

Crop Insurance: Time to reboot PM’s flagship scheme; let it be weather-based

June 27, 2019 7:13 am

The PMFBY’s operational guidelines require state governments to carry out at least four CCEs in every village panchayat for every notified crop and submit the yield data to insurance companies within a month from the date of harvest.

Plough’s share

January 21, 2019 1:41 am

Subsidy for crop insurance is preferable to fertiliser, power or farm credit. But Centre should bear the full cost for the scheme.

Insurance firms earn Rs 15,795 crore under PMFBY in 2 years: Haryana-based RTI activist

November 14, 2018 3:53 am

Prime Minister Narendra Modi had unveiled the crop insurance scheme against loss on account of natural calamities, in January 2016. As per the scheme, the farmers have to pay 2 per cent of the premium for Kharif crops, while 1.5 per cent for Rabi crops, while balance is paid by the state and Centre.


PM Modi arrives in MP to unveil Crop Insurance Scheme

February 18, 2016 9:57 am

Sehore (MP), Feb 18 (ANI): Prime Minister Narendra Modi, along with External Affairs Minister Sushma Swaraj, reached Sehore, Madhya Pradesh, on Thursday. PM Modi will unveil 'Pradhan Mantri Fasal Bima Yojana'scheme at Kisan Kalyan Mela. He will also release the guidelines for this scheme. On the occasion, Madhya Pradesh Chief Minister Shivraj Singh Chouhan was also present.