Crop Insurance News 2024: While the Central Government is trying to take the Prime Minister Crop Insurance Scheme to as many farmers as possible, the State Governments are also taking big steps on their behalf. Now the Government of Orissa and Maharashtra have announced to provide the benefit of Pradhan Mantri Fasal Bima Yojana to the farmers at Re 1. Fasal Bima
Crop Insurance News 2024:
Here let us tell you that after the Bharatiya Janata Party government came to power at the Centre, the Prime Minister Crop Insurance Scheme was started and under this scheme in the entire country, farmers have to deposit only 2 percent of the insured amount.
But now the farmers of these two states are going to get big relief. Here let us tell you that farmers can get their crops insured till 31st July. Fasal Bima 2024
Now you will get the benefit of PM Crop Insurance Scheme for Rs 1
Crop Insurance News 2024: Let us tell you that in the crop insurance scheme, the farmer pays only 2% installment for the insured crop and the remaining installment is given by the state government and 50% by the central government.
Know which farmers will get the benefit of PMFBY
Maharashtra state government has launched a scheme for small and big farmers.
The installment of Pradhan Mantri Fasal Bima Yojana has been fixed uniformly at Re 1.
Yes, farmers growing notified crops can enroll for insurance cover before February 29.
This information was given by Anil Awate, Director of Agriculture Department of Maharashtra
Objective of Prime Minister Crop Insurance Scheme
- Farmers can get financial security against objections against their crops.
- The objective is to help the farmers overcome the challenge of their losses through crop insurance scheme.
- This scheme encourages farmers to opt for new and emerging insurance schemes, thereby enabling them to protect their crops.
- There is an incentive to use appropriate insurance plans for protection.
- Under the scheme, technical assistance is also provided to the farmers,
- So that they can manage their crops better and achieve higher productivity rates.
- Through crop insurance scheme, local farming communities get collective protection,
- So that they can feel more permanently safe.
How to apply for PM Crop Insurance Scheme
- First of all, if you are a farmer, you must be eligible for this scheme.
- You should visit the website of your state agriculture department and check the eligibility criteria of the scheme.
- If you are eligible, you have to fill and submit the application form from the website of your state agriculture department or from the nearest agriculture office.
- Once the application is approved, you will have to pay the sum assured and premium.
- For this you have to deposit in the prescribed bank within the specified period or follow other methods given in the scheme directory.
- Once your premium is paid, you will receive a crop insurance policy,
- Which will contain the insurance amount, premium, and other important information of your crop.