Farmers again reject govt’s offer of amending laws, want them repealed
India expresses solidarity with people of Afghanistan in their journey towards peace
Misconceptions being spread about January 26 tractor march, says Samyukta Kisan Morcha
PM Fasal Bima Yojana, PMFBY benefitted crores of farmers in five years: PM
PM doesn’t respect farmers, wants to tire out those protesting against agri laws: Rahul
FreeCurrencyRates.com

इंडियन आवाज़     16 Jan 2021 05:20:19      انڈین آواز

PM Fasal Bima Yojana, PMFBY benefitted crores of farmers in five years: PM

Staff Reporter / NEW DELHI

The Central Government’s flagship crop insurance scheme – the Pradhan Mantri Fasal Bima Yojana (PMFBY) has successfully completed 5 years of its operation.

Congratulating all beneficiaries of the scheme on completion of its five years, the Prime Minister Prime Minister Narendra Modi said that the scheme is an important initiative to secure hardworking farmers from the vagaries of nature.

He said that the scheme has increased coverage, mitigated risk and benefitted crores of farmers in the country.

The Centre has urged the farming community to take advantage of the Pradhan Mantri Fasal Bima Yojana (PMFBY), which has completed 5 years, in order to become “self-reliant farmers”. In a statement, the Union agriculture ministry said claims worth 90,000 crore rupees have so far been disbursed to farmers since the launch of the scheme on 13th January 2016.

The government took a historic step towards strengthening risk coverage of crops for farmers and approved the scheme on 13th January, 2016. The scheme was conceived as a milestone initiative to provide a comprehensive risk solution at the lowest uniform premium across the country for farmers. In the scheme, premium cost over and above the farmer share is equally subsidized by the Centre and States. Ministry of Agriculture has said that the average sum insured per hectare has increased from 15 thousand 100 during the pre-PMFBY Schemes to 40 thousand 700 under Pradhan Mantri Fasal Bima Yojana

The Ministry said, as an end to end risk mitigation mechanism for farmers, the scheme extends coverage for the entire cropping cycle from pre-sowing to post-harvest including coverage for losses arising out of prevented sowing and mid-season adversities. Individual farm level losses arising out of localized calamities and post-harvest losses are also covered due to perils such as inundation, cloudburst and natural fire. It also said that integration of land records with the PMFBY portal, Crop Insurance mobile-app for easy enrollment and usage of technology such as satellite imagery and machine learning to assess crop losses are some of the key features of the scheme. The scheme makes it easier for the farmer to report crop loss within 72 hours of occurrence of any event through the Crop Insurance App, CSC Centre or the nearest agriculture officer.

With an aim to constantly bring about improvements, the Pradhan Mantri Fasal Bima Yojana was made voluntary for all farmers, post its revamp in February 2020. Besides, the States have also been provided flexibility to rationalize the sum insured so that adequate benefit can be availed by the farmers. The Scheme covers over 5.5 crore farmers’ applications year on year and till date, claims worth 90 thousand crore rupees have already been paid out under the Scheme. Aadhar seeding has helped in speedy claim settlement directly into the farmer accounts. Even during COVID-19 lock down period nearly 70 lakh farmers benefitted and claims worth over 8 thousand 741 crore rupees were transferred to the beneficiaries. The government has urged the farmers to take advantage of the scheme by associating themselves to become self-sufficient in times of crisis and support the creation of an Aatmanirbhar Kisan.

Leave a Reply

Your email address will not be published. Required fields are marked *

SPORTS

Shooting; Saurabh, Manu win T1 Air Pistol trials,Saurabh beats world record in finals

Harpal Singh Bedi New Delhi, 15 January; Asian Games champion Saurabh Chaudhary (UP) and Manu Bhaker (Harya ...

Hockey: Training to increase our momentum in a planned way: Drag-flicker Harmanpreet Singh

Harpal Singh Bedi / New Delhi The 33-member Hockey Probable Group for the Tokyo Olympics has resumed traini ...

خبرنامہ

بھارت میں تیار کردہ دو ویکسین کفایتی ہیں اور مزید چار ویکسین تیاری کے مرحلے میں ہیں: وزیر اعظم

وزیر اعظم نریندر مودی نے کہا ہے کہ بھارت اِس مہینے کی 16تاریخ ...

نوجوانوں کی ذمہ داری ہے کہ وہ مستقبل کے بھارت کی قیادت کریں: وزیر اعظم نریندر مودی

وزیر اعظم نریندر مودی نے کہا ہے کہ نئی قومی تعلیمی پالیسی میں ...

سپریم کورٹ کی تین نئے زرعی قوانین کے عمل درآمد پر مزید احکامات جاری ہونے تک روک

سپریم کورٹ نے تین زرعی قوانین کے عمل درآمد پر روک لگا دی ہے ۔ ...

TECH AWAAZ

Abu Dhabi Digital signs partnership agreement with Hewlett Packard Enterprise

WEB DESK The Abu Dhabi Digital Authority (ADDA)has signed a partnership agreement with Hewlett Packard Ente ...

Indian Army develops messaging application ‘Secure Application for Internet’

file phot AMN Indian Army has developed a simple messaging application named the Secure Application for ...

MARQUEE

Rashtrapati Bhavan Museum Complex to re-open from January 5

WEB DESK Rashtrapati Bhavan Museum Complex, which was closed for public viewing due to COVID-19 since 13th ...

Now Mt Everest height is 8,848.86 metres

WEB DESK 8,848.86 metres is now new official height of Mount Everest Nepal has announced. The new announcem ...

MEDIA

No station of All India Radio being closed anywhere in country: Prasar Bharati

WEB DESK Prasar Bharati today clarified that no station of All India Radio is being closed anywhere in any ...

50 journalists killed in 2020: RSF

Two-thirds killed in countries “at peace” AGENCIES / WEB DESK AT least 50 journalists were kille ...

@Powered By: Logicsart

Do NOT follow this link or you will be banned from the site!