PM Crop Insurance Scheme 2023: Many types of facilities are provided to the farmers by the government. These benefits also include financial aid! In this sequence, many schemes are also being run by the government for the farmers. These schemes include Pradhan Mantri Fasal Bima Yojana (Pradhan Mantri Fasal Bima Yojana)!
PM Crop Insurance Scheme 2023
This scheme is very beneficial for the farmers! All the farmers of the country can take advantage of this scheme. And it’s short in all states! Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme (RWBCIS) were launched in 2016. The objective of this scheme (PM Crop Insurance Scheme) is to provide comprehensive crop insurance coverage against natural risks ranging from pre-sowing to post-harvest losses.
PM Crop Insurance Scheme 2023
The objective of this Pradhan Mantri Fasal Bima Yojana (Pradhan Mantri Fasal Bima Yojana) is to support sustainable production in the agriculture sector! Through this, providing financial assistance to the farmers suffering from loss/damage to crop insurance due to unforeseen events. Stabilizing the income of farmers to ensure continuity in farming. Encouraging farmers to adopt new and modern agricultural methods. The scheme (PM Crop Insurance Scheme) includes ensuring credit flow in the agriculture sector!
Prime Minister Crop Insurance Scheme
According to the government, apart from protecting farmers from production risk, these schemes will contribute to food security, crop diversification and enhance the growth and competitiveness of the agriculture sector. These schemes (Pradhan Mantri Fasal Bima Yojana) are the only risk mitigation tool available to farmers at very low premium rates of 2 percent for Kharif crops, 1.5 percent for Rabi crops and 5 percent for annual commercial/horticultural crops.
Documents Required for PMFBY
- Identity proof of the farmer like PAN card, Driving license, Voter ID card, Passport, Aadhaar card.
- Address Proof like Driving License, Voter ID Card, Passport or Aadhaar Card
- Photocopy of Field Khasra Number / Account Number is required!
- You have to give proof of sowing crops in the field.
- A canceled check is required along with all the papers
PM Crop Insurance Scheme
According to the news of PTI, under this Pradhan Mantri Fasal Bima Yojana (Pradhan Mantri Fasal Bima Yojana), about 5.5 crore farmers (Farmer) have received applications! Under this, claims worth Rs 90,000 crore have been settled so far. Around 70 lakh farmers also benefited during the Covid-19 lockdown! During this, claims of Rs 8741.30 crore were sent directly to the accounts of the beneficiaries of the PM Crop Insurance Scheme.
Online Pradhan Mantri Fasal Bima Yojana Application Form 2023 Registration
Go to the official website of Pradhan Mantri Fasal Bima Yojana i.e. https://pmfby.gov.in! On the homepage you have to click on the registration link. The registration form page will be displayed on the screen. Now fill all the information asked here correctly. Then click on the Farmer submit button and after that your account will be created on the official website!
Key Features of PMFBY Scheme
The Central Government and some State Governments give some share under this Pradhan Mantri Fasal Bima Yojana (PM Crop Insurance Scheme)! This Pradhan Mantri Fasal Bima Yojana (Pradhan Mantri Fasal Bima Yojana) has collected a premium of Rs 13000 crore in the last three years! But when natural calamity came, farmers got 4 times premium as compensation of about 64000 crores! Risk coverage The risk of crop loss and post-harvest stages are covered under the PM crop insurance scheme.
Crop Insurance Policy: PM Crop Insurance Scheme 2023
PIB says that the balance of actuarial premium is shared by the Central and State Governments on the basis of 50:50 ratio. Schemes (PM Crop Insurance Scheme) are voluntary for the states! And available in those areas and crops (Crop Insurance)! Which have been notified through the state governments! Apart from this Pradhan Mantri Fasal Bima Yojana, schemes are mandatory for loanee farmers and voluntary for non-loanee farmers!