Benefits of Pradhan Mantri Fasal Bima Yojana and How Farmers Can Easily Apply for it? Direct Link Inside
Pradhan Mantri Fasal Bima Yojana (PMFBY) is a central government scheme that compensates growers with interest for the loss of crop because of unseasonal or excessive rainfall. With the aim to help farmers affected from natural disasters or sudden change in weather, government had launched the scheme.
Benefits of PMFBY
Damages caused due to loss of land, storm, waterlogging, cloudburst, are covered by PMFBY.
Crops are insured for natural disasters, diseases & pests, other local calamities such as hailstorms, landslides, cloudburst etc.
Benefits of this scheme are also given if farmers are not able to sow crops because of unfavourable seasonal conditions.
Farmers have to pay very low premium rates under this crop insurance scheme.
Under PMFBY, use of technology has been encouraged to a great extent. Remote sensing drones, smartphones & GPS technology are being used to gather and upload crop harvesting data to reduce delays in claim payments.
How to apply for crop insurance
Go to the official website of PMFBY - https://pmfby.gov.in/
Look for 'Farmer Corner' on the homepage and click it
Fill in all the required details properly
If you are already registered then you can just proceed to get enrolled under this scheme.
Direct link for New farmer Registration
PMFBY Direct Link
Source: Agrostar, 27 june 2020
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