-Livemint.com To increase farmers’ enrolment in the pmfby, the Karnataka government started deducting compulsory insurance premiums for almost all crop loans disbursed Bengaluru: The Karnataka government’s initiatives to enrol more farmers under the Pradhan Mantri Fasal Bhima Yojana (pmfby)—to ensure continued Central assistance to help mitigate the economic impact of deficient rainfalls and resulting crop damage—seems to have paid off as the number of enrolments in the state during the Kharif...
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Narendra Modi's crop insurance scheme has few takers -Sayantan Bera
-Livemint.com Only 23.6% of farmers enrolled for the scheme in 2016, against 22.2% in 2015 New Delhi: Despite setting an ambitious target to cover half of all farmers under crop insurance, the first season rollout of the Pradhan Mantri Fasal Bima Yojana (pmfby) has been tepid. According to the agriculture ministry, during the kharif 2016 season beginning June this year, 32.6 million farmers enrolled under pmfby. While that is a 6.3% rise in...
More »More farmers covered under crop insurance scheme -Amiti Sen
-The Hindu Business Line About 3.15 crore farmers have been insured this kharif season against 3.08 crore last year, claims Agriculture Ministry New Delhi: The Centre appears to have scored some points on the success of the recently-launched Pradhan Mantri Fasal Bima Yojana — the flagship insurance scheme for farmers. Going by the latest estimates of coverage and the sum insured it has seen a marginal increase vis-a-vis last year. “We are still compiling...
More »Crop insurance scheme: Centre, Bihar lock horns -Anand Mishra
-The Indian Express State government says it won’t be able to foot the 50:50 share of bill. Tussle is brewing between the Nitish Kumar-led government in Bihar and the NDA government at the Centre on the issue of the implementation of Pradhan Mantri Fasal Bima Yojana (pmfby). Almost three-fourth of Bihar’s population is dependent on agriculture. While the state has expressed its difficulty in meeting the financial burden of its share in the...
More »Pradhan Matri Fasal Bima Yojana gets big boost; here’s how -Sandip Das
-The Financial Express The government’s move to roll out the Pradhan Mantri Fasal Bima Yojana (pmfby) from the ongoing kharif season has got a boost with 18 agriculturally critical states, including Andhra Pradesh, Bihar, Chhattisgarh, Jharkhand, Madhya Pradesh, Uttar Pradesh, Karnataka, Odisha and Maharashtra, having floated tenders to identify insurers who will offer the scheme to farmers. According to agriculture ministry data, Rajasthan has completed the bidding process for identifying insurance companies...
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