Centre makes a panel to suggest an alternative model of Pradhan Mantri Fasal Bima Yojana

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Centre makes a panel to suggest an alternative model of Pradhan Mantri Fasal Bima Yojana

The Center has created a new panel that will help in providing alternative sustainable, financial, and operational models for the Pradhan Mantri Fasal Bima Yojana (PMFBY). the new modal will be for the Kharif 2022.

  • The CEO of PMFBY, Ritesh Chauhan has been appointed as the head of the panel.
  • Some Indian states have quited the scheme due to high burden of subsidy.

Also Read: Ritesh Chauhan appointed as CEO of PM Fasal Bima Yojana

पीएम फसल बीमा योजना (PM Fasal Bima Yojana)

  • Under the Pradhan Mantri Fasal Bima Yojana, Farmers are given insurance protection before sowing and till after harvesting. Rabi, Kharif. the insurance protection covers commercial and horticultural crops. to take the advantage of the crop insurance scheme, 5 percent premium is charged.

How to Apply for PMFBY

Farmers can apply for the PM Fasal Bima Yojana through Online and offline applications for their Rabi and Kharif seasons.

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