Fasal Bima Yojana 2024: Objective, Scheme Benefits, Registration and Beneficiary List – pmfby.gov.in

Fasal Bima Yojana: On January 13, 2016, Honourable Prime Minister Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana, which is now being effectively run by the Central Government. This program has helped thousands of farmers, and as a result, their financial situation has improved. Additional details about it (such as the application procedure, insurance list, goals, etc.) are provided in the section below.

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What is Prime Minister Crop Insuranc Yojana

Farmers can obtain crop insurance from the government for a minimal premium amount under the Prime Minister Crop Insurance Scheme. A standard premium of only 2% for all Kharif crops and 1.5% for all Rabi crops must be paid by farmers in exchange for this. The premium for yearly horticulture and commercial crops will be a mere 5%. In India, the Pradhan Mantri Fasal Bima Yojana offers an insurance claim sum of around Rs 8 lakh.

PM Fasal Bima Yojana 2024

Information in the article	PM Crop Insurance Scheme List 2024
name of the scheme	Prime Minister Crop Insurance Scheme
who started	by central government
Beneficiary	farmers of the country
Objective	Making PM crop beneficiary list available online
Making the PM crop beneficiary list available online	Online
official website	pmfby.gov.in

Crop Insurance Scheme Objective

The primary aim of the Crop Insurance Scheme is to furnish farmers with insurance coverage and monetary support if any recognized crop fails due to natural disasters, pests, or illnesses. Along with this, the primary goals of this program are to guarantee the flow of credit in the agricultural sector, encourage farmers to embrace new and contemporary agricultural techniques and stabilize their income to secure their continued farming.

Important documents of Fasal Bima Yojana!

To benefit from this scheme, you need to have the required documents on hand. We have also listed the titles of the documents you need to have on hand. Your crop will not be insured if the required paperwork is not submitted; in that case, you should prepare all of these documents by going to the closest e-mitra, district, or tehsil.

• Aadhar card
• farmer’s ID card
• Ration card
• bank account
• Password size photo of the applicant
• Farmer’s address proof (driving license, passport, voter ID card, anyone)
• If farming has been done on rent, then photocopy of the agreement with the owner of the farm.
• Farm’s own account number/ Khasra number/ Khatauni number
• The date on which the farmer started sowing the crop.

PM Fasal Bima Yojana Registration online? How to apply for crop insurance Yojana?

The Pradhan Mantri Fasal Bima Yojana application process is provided below. You can easily apply for this plan through this approach.

• You must first visit the Pradhan Mantri Fasal Bima Yojana official website at www.pmfby.gov.in to apply for this program.
• Proceed to the previous corner of the main page after that.
• The crop insurance scheme registration form for farmers will now appear in front of you.
• Go to this page and select the guest form option to create a new user account.
• Next, carefully fill out all the PM Crop Insurance Scheme-associated information.
• Enter your name, account number, and captcha in this space.
• After entering the farmer’s information, including name, phone number, address, farmer ID, and bank account number, etc., finish the registration process.
• The applicant must upload all remaining relevant documents for crop insurance after registering.
• Upon finishing the online

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How to check PM Crop Insurance Yojana List 2024

• Visit the official website first.
• On the main page, select the beneficiary list option by clicking on it.
• A new page will now open for you to view.
• You can choose the names of your block, district, and state here.
• The beneficiary list for the PM Crop Insurance Scheme will now be displayed to you.
• You can look up your name on this list of recipients.
• Only farmers listed as beneficiaries on this list will get the insurance money.

How much is crop insurance?

A standard premium of just 2% is provided for all Kharif crops and 1.5% for all Rabi crops under the Pradhan Mantri Fasal Bima Yojana. Furthermore, the premium for annual horticulture and commercial crops is only 5%.

Faq’s for Fasal Bima Yojana

Q: What does the term “crop insurance scheme” mean to you?
Ans: In response, crop insurance serves as a safeguard for farmers against potential losses brought on by crop-related risks. This compensates farmers for agricultural losses brought on by unforeseen danger or unfavourable weather.

Q: For whom is the Pradhan Mantri Fasal Bima Yojana eligible?

Ans: All farmers who grow notified crops in notified areas, including sharecroppers and cultivators, are eligible to get insurance coverage. Crops should be covered by insurance.

Q: When should I purchase crop insurance?

Ans: Farmers must get payment for any claims they make within three weeks, per the present regulation. Let us tell you that the government insures farmers’ crops under the Prime Minister Crop Insurance Scheme so that farmers can get compensation if their crops are lost due to a natural calamity.

Q: What is the duration of the Prime Minister Crop Insurance Scheme?

Ans: Furthermore, the number of farmers registered in the programme has grown by 27% in 2023–2024. Moreover, 42% of all farmers insured by the program in the fiscal year 2023–2024 are not loanee farmers. Launched in 2016, it is the third-largest insurance program globally in terms of premiums.

Q: How can I sign up for the crop insurance program?

Ans: The PMFBY application is submitted online by any landowner. After receiving the applications, banks check them appropriately. Pay the insurance companies in the final banks with the premiums that have been collected. It doesn’t use any paper and is entirely online.

@MAN