In PM Fasal Bima Yojana: Farmers should check their name online: India is a farmer’s country where the maximum proportion of the rural population is dependent on agriculture! Honorable PM Narendra Modi launched a new scheme PM Fasal Bima Yojana (PMFBY) on 13 January 2016! This scheme will help reduce the premium burden on the farmers who take loans for their farming! Will also protect them from bad weather! It has been decided to make the process of insurance claim settlement faster and easier! So that farmers do not face any problem regarding PM Fasal Bima Yojana! This scheme will be implemented in every state of India in collaboration with the respective state governments! It has been decided to make the process of settlement in the association! The scheme is administered by the Ministry of Agriculture and Farmers Welfare, Government of India!
PM Fasal Bima Yojana: Farmers should check their name online
PM Fasal Bima Yojana was launched by the central government for the farmer to compensate the loss due to natural disasters to the farmer’s crop! So that the farmer can get the damage caused by the natural disaster! PM Fasal Bima Yojana farmer who used to plant his fields! A third cost is returned! So that the farmer does not have to borrow money for his upcoming crop! Keeping this in mind, the government has started for farmers!
Premium rates paid by the farmer are very low! PM Fasal Bima Yojana The remaining premium will be paid by the government to provide full insured amount to the farmers for crop loss in any kind of natural calamities! There is no upper limit on government subsidy! Even if the remaining premium is 90%, it is borne by the government! Through this PM Fasal Bima Yojana, the farmer is paid a flat premium of 2% for all kharif crops and 1.5% of all rabi crops! The premium is paid only 5% for annual commercial crops!
PM crop insurance scheme new update
PM Fasal Bima Yojana Central Government has announced this scheme new! The last date for insurance of Kharif crops was placed by the Central Government on 31 July 2020! Interested beneficiaries of the country who want to take advantage of PM Fasal Bima Yojana, then the date for applying online was kept till 31 July! Those indebted farmers who do not want insurance facility must inform their bank branch in writing 7 days before the last date. Non-loanee Farmer can do PM Fasal Bima Yojana on CSC, bank, agent or insurance portal itself. Under this scheme, the farmer must fill the PMFBY application to the farmer within 10 days of sowing! The benefit of the insurance amount will be given only if your crop has been damaged due to a natural disaster!
Benefits of Prime Crop Insurance Scheme
- Farmers will be able to do farming without rest, they do not have any fear of loss due to natural disaster !!
- Due to crop failure, many farmers gave up farming! Now such cases will be closed through this scheme!
- The income of farmers across the country will increase!
- Farmers have to pay 2% of their kharif crop, 1.5% of rabi and only 5% of premium on commercial crops!
- The farmers are compensated for their lost crop.
- Under the scheme, farmers can be given a compensation of up to 2 lakh rupees!
Keep these things in mind
Under PM Fasal Bima Yojana you need to pay attention to a few things! For example, filling the form of PM Fasal Bima Yojana within 10 days of sowing and crop failure due to any natural disaster! But only the amount of insurance will get Also if harvesting causes damage to it within 14 days! Even then you will get the benefit of this PM Fasal Bima Yojana! Recently PM Fasal Bima Yojana Central Government has also started a portal for better administration to create right synergy between many agencies and disseminate information related to the scheme!
Documents required by PMFBY
- Farmer’s ID Card
- Aadhar Card
- Ration card
- Bank account
- Farmer’s address proof (eg driving license, passport, voter ID card)
- If the farm has been taken on rent, then a copy of the contract with the owner of the farm
- Farm Account Number / Khasra Number Paper
- Applicant Photo
- The date of the day the farmer started planting the crop
Fasal Bima Yojana’s eligibility
Under this scheme, all the farmers in the country can be eligible!
Under PM Fasal Bima Yojana, you can insure the farming done on your land! In addition, you can also insure the cultivation done on the land taken on a loan!
Those farmers of the country will be considered eligible under this PM Fasal Bima Yojana! Those who are not taking advantage of any PM Fasal Bima Yojana before!