Under the Pradhan Mantri Crop Insurance Scheme, farmers are provided financial assistance on the losses due to natural disasters on the crop. The scheme was launched on 13 January 2016. Under the Prime Minister Crop Insurance Scheme, financial assistance is provided to farmers on the damage done to crops due to floods, storms, strong rains, etc. The scheme is operated by the Indian Agricultural Insurance Company. Under the Fasal Bima Yojana, applications from about 5.5 crore farmers come in a year and claims of Rs 90000 crores have been paid so far in this scheme. These claims are settled through Aadhaar seeding. During the Kovid-19 lockdown, Rs. 8741.30 crore was provided to 7000000 farmers under the Prime Minister Crop Insurance Scheme.
Under this scheme, the amount of additional premium is provided by the State and Government of India and 90% of the premium amount is provided by the Government of India in the North Eastern States. Under the Prime Minister Crop Insurance Scheme, the sum insured has been reduced to ₹ 40700. This amount was earlier ₹ 15,100 per hectare.
The entire time from sowing to pre-harvesting is covered under the scheme. Losses due to sowing and natural disasters between crops have also been included under the Pradhan Mantri Crop Insurance Scheme. Improvements have been made under this scheme from time to time. So that it can be made flexible.
Prime Minister Crop Insurance Scheme December update
Insurance cover is provided on the losses caused by natural calamities under the crop insurance scheme. Now the government has also decided to cover wild life damage under this scheme. Now, under the Prime Minister Crop Insurance Scheme, if the crop is harmed due to wild animals, then the farmer will be provided cover on the loss on the crop. This facility will be provided as an addon coverage. This add on coverage will be optional for farmers.
If the farmers have to take wild life cover under the Prime Minister Crop Insurance Scheme, then the premium will have to be paid by the farmers only. However the state government is considering providing additional subsidy on this coverage.
A detailed protocol and procedure for evaluation of bids has been prepared by the government in consultation with the insurance company and MoEFCC.
It has also been told by the forest officials that the state was already providing crop damage compensation to the farmers. Now according to the suggestion received by various states, the loss from wild animals has also been included in the guidelines of the Prime Minister Crop Insurance Scheme. The move has also been recommended by a panel set up to prevent crop damage in Maharashtra.
Prime Minister Crop Insurance Scheme November update
As you all know, the Pradhan Mantri Crop Insurance Scheme has been launched to compensate farmers for the loss due to natural calamity. At present, there is heavy rainfall in the country and there is a drought somewhere. Due to which there is a lot of damage to the crop. If there is any damage to the crop, then in 72 hours, the complaint will have to be lodged at the local agricultural office farmer helpline number. Apart from this, this complaint can also be lodged on the Crop Insurance App. If you want to get other information about this, you can contact helpline number one at 18001801551.
Objective of Prime Minister Crop Insurance Scheme
In India, the government will help the majority of the farmers in the crops due to the loss in the crops. The Prime Minister’s Crop Insurance Scheme 2020 will keep farmers interested in farming and provide permanent income. This scheme aims to free the farmers from the losses and worries in crops And to continue farming, farmers have to be boosted and India has to be developed and progressive.
Benefits of Prime Crop Insurance Scheme
- Under the Prime Minister Crop Insurance Scheme, the farmers of the country will be given insurance for the damage done to the crops.
- If the crop of a farmer is destroyed due to natural disaster, then they will be given the benefit of this scheme.
- If a farmer’s crop is destroyed due to any human, then they will not get any benefit under this scheme.
- Under the policy, farmers pay 1.5% for Kharif crop for 2% of Ravi crop, according to which the government helps in case of loss of crops due to natural damage like dry flood hail.
Fasal Bima Yojana’s eligibility
- All the farmers of the country can be eligible under this scheme.
- Under this scheme, you can insure the farming done on your land, as well as you can insure the farmland taken on any borrowed land.
- Those farmers of the country who are not availing any insurance scheme earlier will be considered eligible under this scheme.
Documents required by PMFBY
- Farmer’s ID Card
- Aadhar card
- Ration card
- Bank account
- Farmer’s address proof (eg driving license, passport, voter ID card)
- If the farm has been taken on rent, then a copy of the contract with the owner of the farm
- Farm Account Number / Khasra Number Paper
- Applicant Photo
- Date of day the farmer started wowing the crop
Important Date :
- Last Date :- 31 July OR 31 december