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Page 3 - Pradhan Mantri Fasal Bima Yojana

Over 9 mn farmers benefited from crop insurance scheme in 2016-17: PM Modi

He said soil testing should eventually be possible through hand-held devices

Over 9 mn farmers benefited from crop insurance scheme in 2016-17: PM Modi
Updated On : 21 Aug 2017 | 6:09 PM IST

For Bundi's farmers, PM's Fasal Bima Yojana has come a cropper

For many farmers of Bundi district in Rajasthan, the southwest monsoon season in 2017 hasn't been particularly impressive so far, with the rains being above normal in just two of the past seven weeks.The main crops grown in the district are exposed to weather vagaries just like many other parts of the country.If there is any loss to the standing crop, the newly launched Pradhan Mantri Fasal Bima Yojana (PMFBY) will come to the rescue of the farmers of the region.But if studies conducted by the Centre for Science and Environment (CSE) are to be believed and if the trend of the kharif season is any indication, for thousands of farmers of Bundi, the scheme is a non-starter.The main reason for this is the low sum insured, compared to the scale of finance in Rajasthan.Though the sum insured under the PMFBY is higher than all previous crop insurance schemes, when compared to scale of finance in many states, it has been lower at least in the first season of its operation.In the case of ...

For Bundi's farmers, PM's Fasal Bima Yojana has come a cropper
Updated On : 25 Jul 2017 | 11:42 PM IST

Bihar relents, agrees to implement Pradhan Mantri Fasal Bima Yojana

The scheme is being implemented on a trial basis with a view to assess whether it actually helps farmers or ends up benefitting the insurance companies

Bihar relents, agrees to implement Pradhan Mantri Fasal Bima Yojana
Updated On : 10 Aug 2016 | 7:50 PM IST

Bihar agrees to implement Pradhan Mantri Fasal Bima Yojana

State government has decided to implement the Pradhan Mantri Fasal Bima Yojana in the state keeping in mind the sentiments of cooperative federalism

Bihar agrees to implement Pradhan Mantri Fasal Bima Yojana
Updated On : 10 Aug 2016 | 6:55 PM IST