The PM Fasal Bima Yojana is a scheme launched by the Indian government to provide compensation to farmers whose crops have been damaged due to various conditions such as rain, extreme heat, frost, moisture, etc. The scheme allows farmers to insure their crops by paying a minimal amount of money, and if the insured crop is destroyed, the insurance company is responsible for providing full compensation. The insurance covers Food crops, oilseeds, and annual commercial or horticultural crops.
To apply for the PM Fasal Bima Yojana online, farmers need to visit the official website of the scheme and click on the Farmer Corner option, followed by the Guest Farmer option. They need to fill out an application form with all the necessary information and upload required documents. Once the application is submitted, farmers can track the status of their application by visiting the official website and entering their application number to check the status.
The scheme was launched in 2016 by the government to help farmers who have suffered losses due to crop damage. To be eligible for the benefits of the scheme, the crop damage must be natural, and farmers can apply for compensation if their crops are destroyed. The PM Fasal Bima Yojana aims to provide financial support to farmers and strengthen the farming sector in India by ensuring that farmers do not face any problems or hardships due to crop losses.
The PM Fasal Bima Yojana is part of the government’s efforts to support the agriculture sector in India, as half of the country’s population is still dependent on agriculture for their livelihood. By providing insurance coverage to farmers, the scheme helps them mitigate the risks associated with crop damage and ensures that they can recover financially from any losses incurred. The scheme covers a wide range of crops, including food crops, oilseeds, and commercial/horticultural crops, to benefit a large number of farmers across the country.. Read More Here
