Fasal Bima Yojana 2024: The Pradhan Mantri Fasal Bima Yojana was launched to provide security to the nation’s farmers. According to this plan, the central government offers insurance coverage to farmers in the event of bad crops; that is, in the event of bad crops, farmers will get the full amount of the insurance claim. The government has replaced the Pradhan Mantri Fasal Bima Yojana with two earlier plans. Los primer y segundo of estos dos planes were el Plan Nacional de Seguro Agrícola and el Plan Modificado de Seguro Agrícola. Both styles have a great deal of shortcomings.
The protracted claim procedure was the primary flaw in both of the previous plans. As a result, farmers had several difficulties while attempting to file claims for agricultural loss. Pradhan Mantri Fasal Bima Yojana was launched instead of these two programmes as a result. You must read this article through to the conclusion if you are a farmer and wish to benefit from the crop insurance programme.
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PM Fasal Bima Yojana 2024
For the benefit of farmers, the nation’s prime minister, Narendra Modi, has introduced the Pradhan Mantri Fasal Bima Yojana. In Sehore, Madhya Pradesh, this plan was introduced on May 13, 2016. A provision under PMFBY has been made to offer farmers insurance coverage if their crop is harmed. The premium amount has been kept relatively low to accommodate each farmer’s unique financial situation. The Central Government has offered insurance coverage to 36 crore farmers since the program’s launch.
Up until today, farmers have received an insurance claim sum of Rs 1.8 lakh crore through the Pradhan Mantri Fasal Bima Yojana. This programme is meant to help an increasing number of farmers. so that compensation for the loss resulting from the natural disaster can be given. In order to ensure that more farmers may easily benefit from this system, the government will shortly launch a door-to-door Mitra campaign to provide crop insurance policies to farmers.
Information about Prime Minister Crop Insurance Yojana
| Name of Scheme | Pradhan Mantri Fasal Bima Yojana |
| was started | by Prime Minister Narendra Modi |
| start of plan | On 13 May 2016 |
| Ministry | Ministry of Agriculture and Farmers Welfare |
| beneficiary | farmers of the country |
| Objective | To compensate farmers for crop related losses |
| Maximum Claim Amount | 2 lakh rupees |
| Application Process | online/offline |
| official website | https://pmfby.gov.in/ |
Objective of Pradhan Mantri Fasal Bima Yojana
To encourage farmers to adopt new and modern farming techniques and increase their income, Prime Minister Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana with the primary goal of giving financial assistance to farmers who have lost crops due to natural disasters. should make sure that their farming is steady and continuous. By this programme, farmers who lose crops receive varying amounts of funding from the government. Farmers nationwide are eligible to qualify for benefits under this programme.
PM Fasal Bima Yojana Benefits
Many types of benefits are provided under Pradhan Mantri Fasal Bima Yojana. We have provided the following benefits and features as listed below.
- extremely small premium sum.
- Complete protection against crop loss resulting from natural disasters.
- Boost the profitability of farming.
- Motivate farmers.
- simple online application procedure.
- Insurance Premium Calculator Online.
- A 24-hour hotline is accessible.
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Main points of PM Fasal Bima Yojana
- Farmers who lose crops to natural disasters are provided with insurance coverage under the Pradhan Mantri Fasal Bima Yojana.
- For Rabi crops, farmers are charged a 1.5% premium under this plan; for Kharif crops, a 2% premium; and for commercial and horticultural crops, a 5% premium.
- Independent farmers who purchase crop insurance pay extremely low premiums.
- The government pays the maximum payment to ensure that no farmer is denied insurance coverage and to facilitate the easy reimbursement of losses sustained in a disaster.
- The farmer shall be entitled to the claim amount if, upon harvesting, the crop is left in the field for 14 days and is missed during that time.
- PMFBY uses a lot of technology to speed up settling.
- India Insurance Company is in charge of the Pradhan Mantri Fasal Bima Yojana.
- Budget 2016–17 allotted Rs 5550 crore to farmers under this plan.
- 36 crore farmers have received insurance since the program’s launch.
Which crops are included in PM Fasal Bima Yojana?
- Cereals, rice, wheat, millet, and other food crops
- Annual Commercial (Sugarcane, Cotton, Jute, etc.)
- Pulses: soybean, moong, urad, cowpea, gramme, peas, and lentils, among others
- Oilseeds: soybean, sunflower, rapeseed, safflower, Nigerseed, sesame, mustard, castor, cottonseed, groundnut, etc.
- Horticultural Crops: Papaya, Pineapple, Sapota, Tomato, Pea, Cauliflower, Apple, Mango, Orange, Guava, Litchi, Banana, Grapes, Potato, Onion, Cassava, Cardamom, Ginger, Turmeric
Crop Insurance Scheme Eligibility
To apply for the Pradhan Mantri Fasal Bima Yojana, one must meet the eligibility requirements listed below. You are eligible to get benefits under the Pradhan Mantri Fasal Bima Yojana if you meet the requirements. And if you don’t meet this eligibility requirement. Therefore, there’s a chance that you won’t receive this scheme’s benefits.
- Applications for this programme are open to all farmers in the nation who are active in growing notified crops in the notified region as landowners, tenants, or sharecroppers.
- The applicant must visit the Pradhan Mantri Fasal Bima Yojana official website and register his report to receive the program’s benefits.
- Only Indian farmers would be eligible for benefits under the Prime Minister Crop Insurance Scheme.
- A middle-class or lower-class household should produce the farmer.
PM Fasal Bima Yojana Documents
if there has been a loss to your crop as well. Additionally, you meet the requirements to apply for the Crop Insurance Scheme. Thus, there is one more thing that you must perform for this. You must gather and retain the required documentation to apply for the Prime Minister Crop Insurance Scheme. because applicants in the future will need these documents.
- Aadhar card
- Bank account statement
- measles number
- sowing certificate
- Village Patwari
- Land-related documents etc.
Pradhan Mantri Fasal Bima Yojana 2024 Application Process
The Pradhan Mantri Fasal Bima Yojana application process is provided below. You can easily apply for this plan through this approach.
- The Pradhan Mantri Fasal Bima Yojana official website, www.pmfby.gov.in, is the first place you must go to apply for this initiative.
- Next, navigate to the previous corner of the homepage.
- This will now bring up the registration form for a farmers’ crop insurance programme.
- Go to the guest form option here to create a new user account.
- Fill out all the PM Crop Insurance Scheme information carefully after that.
- Name, bank savings account, and captcha code must be entered here.
- Once the farmer has entered their name, mobile number, address, farmer ID, bank account number, and other information, proceed to finish the registration process.
- Upon registering, the candidate needs to upload all of the other necessary documentation for crop insurance.
- Once the online application, you can log in to it using your registered mobile number and view the complete information.
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PM Fasal Bima Yojana Application Status
if you also applied the Pradhan Mantri Fasal Bima Yojana. You now wish to see how your application is progressing. Therefore, you can verify the progress of your application by carefully following the steps listed below.
- The Pradhan Mantri Fasal Bima Yojana official website must be visited initially by the applicant.
- You then need to select the application status option.
- Subsequently, you must input your application number, take a screenshot, and select the “Check Status” option.
- You will be able to see the status of your application as soon as you select the check status option.
Faq’s
Q. What are the limitations of Pradhan Mantri Fasal Bima Yojana?
Ans: Pradhan Mantri Fasal Bima Yojana, or PMFBY: Goal… Not included: Non-Notified Areas: Crop losses in non-notified areas are typically not covered, and PMFBY only applies to notified areas. It’s possible that farmers in places not included in the plan won’t get paid.
Q. What is the significance of post-harvest losses in the PMFBY?
Ans: POST-HARVEST LOSSES (depending on the specific farm): Coverage is offered against particular hazards of cyclone/cyclonic rains and unseasonal rainfall nationwide for a maximum of 14 days following harvesting for crops that are kept in a ‘cut & spread’ state to dry in the field after harvesting.
@MAN