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FARMERS BENEFIT PMFBY
Modi releases PM-Kisan instalment for 9.44 crore farmers, launches world's largest crop insurance scheme in BengalPrime Minister Narendra Modi disbursed over Rs 18,880 crore to 9.44 crore farmers under the PM-KISAN scheme. He also launched the Pradhan M...- Centre expands PM Fasal Bima Yojana to cover crop loss from wild animals and waterloggingAnnouncing major relief for farmers, Union Agriculture Minister Shivraj Singh Chouhan on Friday said that, on the initiative of Prime Minis...
- Govt extends 2 crop insurance schemes till 2025-26; creates Rs 824.77 cr fund for tech infusionThe Indian government has extended crop insurance schemes PMFBY and RWBCIS till 2025-26. They also allocated Rs 824.77 crore for technology...
- If insurance company makes late payment, penalty of 12 percent will be imposed: Shivraj ChouhanUnion Minister Shivraj Singh Chouhan declared that insurance companies face a 12% penalty for delayed PMFBY claim payments, deposited direc...
- Telangana govt rejoins PM Fasal Bima Yojana scheme to safeguard farmersThe Telangana government has decided to rejoin the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme to provide crop insurance to farmers. Ch...
- 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 (...
- 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...
- 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...
- Crop insurance claims at Rs 9,570 cr for 2020-21 lower by over 60 pc from previous yearPMFBY was launched in 2016-17 with many improvements over the erstwhile crop insurance schemes. The operational guidelines of the scheme we...
- Govt launches special drive to bring more farmers under PM crop cover schemeA week-long drive, starting July 1, will cover all notified areas under the kharif 2021 season with special focus on 75 aspirational distri...
- 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...
- Pradhan Mantri Fasal Bima Yojana completes 5 years of operation; govt urges farmers to take benefit of schemeEven during the COVID-19 lockdown period, nearly 70 lakh farmers benefitted and claims worth Rs 8,741.30 crore were transferred to the bene...
- Bharti AXA General gets Rs 800 cr crop insurance mandate from Maharashtra, Karnataka govtsThe company has secured authorisation for three years from both the state governments to implement the PMFBY in six districts of Maharashtr...
- Insurance companies to repay with interest for failing to clear claims of farmersThe farmers will get full insurance cover as there is no capping of the sum insured and consequently the claim amount is not curtailed or r...
- Rahul will finish Congress: Ashwini ChoubeyFor Rahul Gandhi's reported remark that Congress is a party of Muslims, Ashwini Kumar Choubey said that this shows the party's mentality wh...
- Rajasthan farmers seek details of insurance payoutLast month, nine organisations complained to the CIC, saying they are not being provided with information by insurance companies and the pr...
- 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 ...
- Who's benefitting from farm insurance?Insurance company insiders too claimed that delay in transfer of 'subsidies' from state government delayed claim payments.
- 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...
- Government may set up more agri-business management institutesThe minister was responding to a query from a user from Haveri district in Karnataka on "lack of information" about the Prime Minister Crop...
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