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Showing posts with the label Fasal Bima Yojana

A brief description of the Pradhan Mantri Fasal Bima Yojana

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  Pradhan Mantri Fasal Bima Yojana is to support farmers who suffer from crop loss and damage due to floods, cyclones, and other natural crises. It also provides insurance coverage to the farmers who suffer from the failure of crops due to pests & diseases. Now, let's discuss everything about the introduction of Pradhan Mantri Fasal Bima Yojana in India in detail. This scheme provides stability in farmers' income, which enables them to continue farming. What are the goals of the Pradhan Mantri Fasal Bima Yojana? 1) The aim of this yojana is to encourage farmers to use advanced technologies on the farms. 2) This yojana provides insurance coverage for the crops grown in the summer or winter season. 3) Both loanee and non-loanee farmers can take part in the Pradhan Mantri Fasal Bima Yojana. 4) It provides add-on coverage in special situations. 5) Types of risks such as crop damage, prevented sowing, natural calamities, and after-harvest loss can be bearable under this yojana...