The central and state governments in India are running many schemes, which aim to benefit different sections of the country. At some places financial assistance is given and at other places essential commodities are provided. One such important scheme is the Pradhan Mantri Fasal Bima Yojana, which has proven to be particularly helpful for farmers. Under this scheme, if a farmer’s crop gets damaged due to rain, drought or other natural disasters, the government compensates him. This scheme helps the farmers to compensate their losses, so that they can overcome…
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PM Fasal Bima Yojana: Know how to get benefit of this Government Scheme
PM Fasal Bima Yojana: The government runs many schemes to help farmers across the country. One of them is the Pradhan Mantri Fasal Bima Yojana (PMFBY). This scheme is an ambitious scheme of the government which provides financial security to farmers from crop loss due to natural disasters and other uncertainties. What are the benefits This scheme provides insurance to a variety of seasonal crops, such as food grains, pulses, oilseeds, horticulture and commercial crops. Farmers have to pay a low premium to get their crops insured. In case of…
Read MorePM Fasal Bima Yojana Rs 1.25 Lakh Crore Released To Farmers In 6 Years
PM Fasal Bima Scheme: In the Kharif season, the crops of the farmers have suffered a loss of crores of rupees. Drought, floods and rains have destroyed crops worth crores of rupees. The Central Government and the State Governments are going ahead and helping the farmers. They are being given a respectable amount as crop compensation. To help the farmers, the central government is running the Pradhan Mantri Fasal Bima Yojana. Under this, farmers get insurance by paying a fixed premium. In case of damage to the crop, the amount…
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