Fasal Bima Yojana Bihar: The imperative government released the Pradhan Mantri Fasal Bima Yojana. farmers are going to advantage of this arrangement. all farmers are the only recipients of the Pradhan Mantri Fasal Bima Yojana 2024 launch. aiding farmers within the occasion that crop loss occurs is the number one intention of this program. the farmers who used to dedicate suicide as a result of crop failure will thus get hold of reimbursement in this case, and if the government offers economic facilities, they’ll also cease to do so. For Pradhan Mantri Fasal Bima Yojana 2024, online packages are available. the government will deposit cash into farmers’ financial institution bills to make up for crop harm caused by the hurricane.
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For the benefit of the nation’s farmers, the Indian Agricultural Insurance Company (LIC) administers the Pradhan Mantri Fasal Bima Yojana. When natural disasters like floods, storms, crop fires, droughts, or hailstorms harm crops, the government will deposit money into farmers’ accounts. A project worth Rs 8800 crore has been developed by the Central Government under the PM Fasal Yojana. The policy stipulates that farmers must pay 1.5% interest for Rabi crops and 2% interest for Kharib crops. The PM Crop Insurance Scheme benefits are only available to farmers in the event that crop damage occurs. You have the option to apply online or offline for this program.
The Pradhan Mantri Fasal Bima Yojana has organized a two-day orientation training program in Assam at the state level. The issues that Assamese farmers are facing as a result of weather variations were the subject of discussion in this program. such as drought, flooding, and numerous other insect-related issues. Farmers have lost their crops as a result of all these issues. The Minister of Agriculture has issued a significant announcement regarding this issue.
Name of the Scheme | Prime Minister Crop Insurance Scheme |
Department | Ministry of Agriculture and Farmers Welfare |
Category | Central government |
Starting date of application | It is beginning. |
Last date of application | 15 July 2020 (for Kharif crop) |
Objective | To stop the country’s farmers from committing suicide |
insurance coverage | Insurance up to Rs 2 lakh |
Beneficiary | Farmers of the Country |
Application Turn | Online /Offline |
official website | pmfby.gov.in |
As you are all aware, the majority of Indians work in the agricultural sector, and farming is the primary source of income for most families in the nation. There is no profit for the farmers who grow our food. The PM Crop Insurance Scheme was created with this in mind. Sometimes natural disasters cause crops to be destroyed. Consequently, the farmers must receive payment. In order for Indian farmers to become independent and worry-free, the practice of their suicides must also be stopped. It is able to yield an abundance of crops. so that farmers would have new sources of income and India’s development may become more dynamic. Additionally, farmers can earn a steady income.
Also Read: PMMVY Scheme
No | Crop | interest paid by farmers |
1 | Rabi | 1.5% |
2 | kharif | 2.0% |
3 | Annual Commercial and Horticultural Crops | 5% |
To gain the blessings of the PMFBY scheme, candidates can practice offline if they decide no longer to apply online. you could observe for this by traveling to a financial institution, public provider workplace, coverage agent, or coverage enterprise. you’ll want to deliver all your documentation with you.
The Pradhan Mantri Fasal Bima Yojana is accepting online applications from candidates. The Central Government has launched the official website for this programme. We are outlining the entire online application process for you to follow; just do as instructed:
After filling the form, finally, click on the submit button. If all the information is correct, a successful message will appear on your screen.
Below are the processes for candidates who have applied for the PM Crop Insurance Scheme to find out the status of their application. You can use the steps listed below to find out the application’s status.
Also Read: Mgnrega Scheme
The farmers’ welfare branch has evolved a phone app so that you can get statistics about the pm crop insurance scheme out of your tool as nicely. which your smartphone can download. you want an Android smartphone to do this.
Q: What is the official website of the PMFBY scheme?
Ans: PMFBY.gov.in is the official website of the program. You may find all the scheme-related information on this website.
Q: What is the objective of this scheme?
Ans: Farmers will receive insurance from the government if a natural disaster destroys their crops. in order to prevent farmers from having to end their lives and to maintain the current level of agricultural output.
Q: In which mode the candidates can apply for this scheme?
Ans: Candidates may submit an offline or online application for this program.
Q: Insurance up to how much rupees will be given under Pradhan Mantri Fasal Bima Yojana?
Ans: Insurance up to Rs 2 lakh will be given under Pradhan Mantri Fasal Bima Yojana.
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