Advantages of Pradhan Mantri Fasal Bima Yojana - Crop Insurance

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PMFBY is an Indian government scheme launched in 2016 for one nation, one crop and one premium. This scheme is planned for all Indians involved in farming.

PMFBY is an Indian government scheme launched in 2016 for one nation, one crop and one premium. This scheme is planned for all Indians involved in farming. The Pradhan Mantri Fasal Bima Yojana financially support Indian farmers in the possibility of unsuccessful crops due to natural calamities. 

 

Farmers can easily apply for this scheme with some simple steps and submitting the required documents, which include the Aadhar card, bank account number, agreement photocopy, khasra number of the land, voter ID card, ration card, and the farmer’s passport-size photograph.

 

Advantages and eligibility criteria of Pradhan Mantri Fasal Bima Yojana-

 

This PMFBY offers strength to farmers and supports their continued farming activities.

Through this scheme, the government is focusing on tech-driven areas such as remote sensing, smartphones, and drones for rapid crop loss assessment and claim settlements.

Farmers must have a valid land ownership certificate or a land tenancy agreement. They must have valid documents like an Aadhar card and a bank account.

 

How to claim for the Scheme: You must file an insurance claim for crop loss within the required timeline, which is approximately 72 hours from the date of the loss. Additionally, you can download the PMFBY application on your phone to report farming losses.

 

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