Govt says crop insurance claims worth Rs 2,761.10 cr pending under PMFBY till 2021-22Crop insurance claims worth Rs 2,761.10 crore under PMFBY were pending till 2021-22, with Rajasthan, Maharashtra and Gujarat being the stat...
08 Aug, 2023, 03.47 PM IST
AIC to launch insurance products for livestock, aquaculture and sericulture: CMDAgriculture Insurance Company of India (AIC) has obtained a licence from IRDAI and will introduce products for the sericulture, aquaculture...
24 May, 2023, 03.19 PM IST
For every Rs 100 of premium paid for crop insurance under PMFBY; farmers received Rs 514 as claims: Govt"During this period, nearly Rs 25,252 crore were paid by farmers as their share of premium against which claims of over Rs 1,30,015 crore (...
24 Mar, 2023, 04.32 PM IST
PMFBY number one crop insurance scheme globally in terms of farmers enrollment: TomarLaunched in 2016, the PMFBY provides for comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sow...
20 Dec, 2022, 07.06 PM IST
Government plans to revamp crop cover scheme PMFBY to woo more insurers and rationalise premiumThe Pradhan Mantri Fasal Bima Yojana (PMFBY), launched in February 2016, aims to provide financial support to farmers suffering crop loss/d...
01 Sep, 2022, 04.48 PM IST
UNDP to provide technical support in PMFBY, Kisan Credit Card SchemeAs per the MoU, UNDP will provide responsive, demand-driven technical assistance for effective implementation of agriculture credit and cro...
12 May, 2022, 08.20 PM IST
No proposal to revise subsidy sharing pattern between Centre and states under PMFBY: Narendra Singh TomarAgriculture minister Narendra Singh Tomar, in a written reply to the Rajya Sabha, said the revamped PMFBY revised the subsidy sharing patte...
01 Apr, 2022, 04.15 PM IST
Centre to share premium subsidy for Pradhan Mantri Fasal Bima Yojana for North eastern statesPraising Prime Minister Modi’s vision to provide financial security to the farmers of India from vagaries of nature and to secure their har...
06 Jul, 2021, 12.55 AM IST
PMFBY completes 5 years: Tomar says 29 crore farmers enrolled so far; urges others to take one soonPMFBY was launched on January 13, 2016 with an aim to provide a comprehensive risk solution at the lowest uniform premium across the countr...
13 Jan, 2021, 04.54 PM IST
Govt approves changes in PMFBY to make it optional for farmersUnder the PMFBY, which was launched in February 2016 by Prime Minister Narendra Modi, it is mandatory for loanee farmers to take insurance ...
19 Feb, 2020, 05.09 PM IST
States allowed to set up crop insurance firms to execute PMFBYThe move comes after several requests from states as well as observations made by CAG in its 2017 report that old crop insurances schemes w...
02 Apr, 2018, 03.09 PM IST
Government to fast-track 'Fasal Bima Yojana' with new professional teamPMFBY was launched in 2016 under which farmers pay very nominal premium and get full claim for damages. The scheme is being implemented in ...
21 Feb, 2018, 03.40 PM IST
Crop insurance scheme likely to get Rs 13,000 crore in FY19 budgetAccording to sources, the budget allocation for the PMFBY could go up to Rs 13K-cr for the next fiscal taking into account about 10% likely...
10 Jan, 2018, 07.15 PM IST
Agriculture Ministry demands Rs 11,000 crore more to implement PMFBY this yearThe new scheme, PMFBY, was launched in January and is being implemented in the ongoing kharif (summer) season. The Centre aims to bring 4 c...
16 Aug, 2016, 02.49 PM IST
Farmers coverage under PMFBY to increase by 30 per cent this kharifSome states, especially Karnataka and Gujarat have made good progress so far in implementing the scheme, but there was a delay in rolling o...
05 Aug, 2016, 10.22 PM IST
Deadline for crop insurance proposal extended till Aug 10Under the PMFBY, farmers' premium has been kept between 1.5-2 per cent for foodgrains and oilseed crops and up to 5% for horticultural and ...
03 Aug, 2016, 08.54 PM IST
22 states/UTs implementing Pradhan Mantri Fasal Bima YojanaRadha Mohan Singh said the PMFBY has been approved for implementation in all states and UTs from Kharif 2016 season and the scheme is volun...
26 Jul, 2016, 03.12 PM IST