Prime Minister Fasal Bima Yojana: Farmers’ crops will receive more protection at low premiums

PMFBY registration form: The government has launched many systems for farmers in India and one of them is Pradhan Mantri Fasal Bima Yojana or Pradhan Mantri Fasal Bima Yojana, where farmers can be saved from natural disasters, pests or crops. (Crop) You can apply online for harvest insurance and financial aid in case of loss of Rs. Can get it! Illness and heavy rain! farmers who (peasant) Have not yet registered for the Prime Minister’s harvest insurance, they must do so now to take advantage of all the benefits that the government provides through this system.

PMFBY registration form

PMFBY registration form

PMFBY registration form

The Prime Minister’s harvest insurance (Pradhan Mantri Fasal Bima Yojana) It aims to provide insurance cover and financial support to farmers in the event of failure of the notified crop due to natural disasters, pests and diseases. The main purpose of the Prime Minister’s harvest insurance is to stabilize farmers’ incomes so that their continuity in agriculture can be ensured. (peasant) To encourage them to adopt new and modern farming methods and ensure the flow of credit in the agricultural sector.

Pradhan Mantri Fasal Bima Yojana Launched by Prime Minister Narendra Modi on 18 February 2016 (Pradhan Mantri Fasal Bima Yojana) There is an insurance service for farmers for their products. It was designed in line with the One Nation-One Scheme theme by replacing the two previous systems with the National Agricultural Insurance Scheme (NAIS) and the Revised National Agriculture Insurance Scheme (MNAIS). Including its best features and its inherent disadvantages. was taken! The purpose of the PM Crop Insurance Scheme (peasant) But to reduce the premium burden! To ensure a quick settlement of the non-life insurance claim for the entire insurance amount.

The purpose of Pradhan Mantri Fasal Bima Yojana

  • Farmers suffering loss of crop / damage due to unforeseen events (peasant) Provide financial support to
  • To stabilize farmers’ incomes to ensure continuity in agriculture.
  • To encourage farmers to adopt new and modern farming methods.
  • Ensure the flow of credit to the agricultural sector which, in addition to protecting farmers from production risks, leads to food security,
  • Diversification of crops and will increase the growth and competitiveness of the agricultural sector.

How will the drone work (PM Fasal Bima New Update)

crop (Crop) Drones will be used to investigate So far, the survey work has been done personally. If the harvest is poor in any area, a team will go to examine it. The team visited the crops and submitted their report. On the basis of the same, Pradhan Mantri Fasal Bima Yojana (Pradhan Mantri Fasal Bima Yojana) announced! This whole process is boring because it takes days! Corruption was also present in the fund. Farmers do not receive compensation on time or there will be unnecessary delays. Now this will help a lot, because now the drone will be examined by none other than the damage to the crops. This drone will be high-tech and will have many types of sensors

How much premium must be paid: PMFBY registration form

Different insurance premiums are fixed for different crops in the country. The Prime Minister’s harvest insurance (Pradhan Mantri Fasal Bima Yojana) For example, farmers will have to pay a premium of 2 percent for Kharif crops and 1.5 percent for Rabi crops. This is part of the estimated total cost of the crop. While farmers for commercial and horticulture (peasant) must pay 5% premium.

Who decides on harvest insurance

It varies from one state to another. The Prime Minister’s harvest insurance (Pradhan Mantri Fasal Bima Yojana) The highest premium for rice per hectare in the country is found in the Anantnag district of Jammu and Kashmir. Here, the insurance companies will demand up to Rs 32,000 per hectare from the farmers in the event of a loss. while the farmer (peasant) Will have to pay a premium of 2640 Rs! The government will deposit a premium of Rs 10,560 on its behalf to the insurance companies. PM Crop Insurance Scheme Harvest insurance in each state and district (Harvest insurance) The premium rate is determined by the district technical committee.

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