Pradhan Mantri Fasal Bima Yojana (PMFBY) This is good news for the farmers that this scheme of Modi government, you also know how you can avail the benefits of Pradhan Mantri Fasal Bima Yojana (PMFBY).
Modi government is running many types of schemes for the farmers of the country. One of the many schemes is Pradhan Mantri Fasal Bima Yojana. According to the Ministry of Agriculture, there has been an increase of 27 percent in the enrollment of farmers in this scheme in the financial year 2023-24. In this scheme, for every premium of Rs 100 paid, Rs 500 is paid to the farmers as claim.
Pradhan Mantri Fasal Bima Yojana (PMFBY) 2024 – Beneficiary List Now Available
The Agriculture Ministry has said about this scheme that 56.8 crore farmers have taken benefits during the financial year 2023-24. Under the scheme, applications of more than 23.22 crore farmers have been accepted in eight years.
Out of these, compensation has been paid to 23.22 crore farmers. This scheme was started in the year 2016.
Pradhan Mantri Fasal Bima Yojana (PMFBY) – 2024 – Detail In Table
| Feature | Detail |
|---|---|
| Scheme Name | Pradhan Mantri Fasal Bima Yojana (PMFBY) |
| Language | Hindi & English |
| Ministry | Ministry of Agriculture & Farmers Welfare |
| Launched on | 18th February 2016 |
| Launched by | Prime Minister Narendra Modi |
| Beneficiaries | Farmers of India |
| Scheme Objective | To compensate farmers for crop related losses |
| Maximum Sum Insured | ₹ 2,00,000/- |
| Application Process | Online/Offline |
| Toll Free Number | 1800-180-1111/1800-110-001 |
| Official Website | pmfby.gov.in |
Read More: Mukhyamantri kisan kalyan yojana | Kisan Kalyan Yojana
- Visit the Official PMFBY Portal: Open your web browser and go to the official Pradhan Mantri Fasal Bima Yojana website.
- Registration/Login:
- If you are a new user, look for the “Register” or “Sign Up” option on the homepage.
- Provide the necessary details such as your name, contact information, and Aadhaar number.
- Create a unique username and password for your account.
- Login to Your Account:
- After successful registration, log in to your account using the username and password.
- Dashboard:
- Once logged in, you will land on the dashboard. This is your central hub for accessing various features and services.
- Application Process:
- Look for an option like “Apply for Crop Insurance” or a similar title.
- Fill in the required details about your farming activities, land, and crops.
- Upload Documents:
- The portal may require you to upload necessary documents, such as land records, Aadhaar card, and details about the insured crops.
- Premium Calculation:
- Some portals allow you to calculate the premium based on your crop and coverage. Explore this feature if available.
- Payment Process:
- After completing the application, there will likely be a payment section. Pay the insurance premium using the provided payment options.
- Policy Confirmation:
- Once the payment is successful, you should receive a confirmation of your insurance policy. Review the policy details carefully.
- Claim Process:
- Familiarize yourself with the process of filing a claim. Understand the documentation required in case of crop loss or damage.
- Check Status:
- The portal should have a feature to check the status of your application, premium payment, and any claims filed.
- Help and Support:
- Explore the “Help” or “Support” section for any FAQs or contact information in case you encounter issues.
Remember to keep your login credentials, policy documents, and transaction details secure. Regularly check the portal for updates or any new features that may be added to enhance the user experience. If you encounter difficulties, don’t hesitate to seek assistance through the provided support channels.
FAQs
What is the Pradhan Mantri Fasal Bima Yojana?
The PMFBY is a government-backed crop insurance scheme that provides financial protection to farmers in case of crop losses due to natural calamities.
How can farmers enroll in PMFBY?
Farmers can enroll in PMFBY through designated insurance companies or online portals. The process is streamlined to ensure accessibility for all.
What crops are covered under PMFBY?
PMFBY covers a wide range of crops, including cereals, pulses, and oilseeds. The comprehensive coverage ensures the inclusivity of various agricultural practices.
Is there a maximum limit on coverage?
While there is no upper limit on coverage, the sum insured is determined based on the scale of finance, ensuring a fair and equitable distribution of benefits.
How are premium rates determined?
Premium rates under PMFBY are subsidized by the government, making insurance affordable for farmers. The rates vary based on the type of crop and its risk profile.
Can farmers claim compensation for pre-sowing losses?
PMFBY provides coverage for pre-sowing losses, ensuring that farmers are protected from the financial repercussions of adverse weather conditions before sowing.
