Pradhan Mantri Crop Insurance Scheme (PMFYB)

Pradhan Mantri Fasal Bima Yojana (PMFBY): Pradhan Mantri Fasal Bima Yojana has been launched to provide security to the farmers of the country. Under this scheme, insurance cover is provided by the central government to the farmers in case of crop failure i.e. the insurance claim amount will be given to the farmers in case of crop failure.

The Pradhan Mantri Crop Insurance Scheme by the Government has replaced the earlier two schemes. Among these 2 schemes, the first scheme was the National Agricultural Insurance Scheme and the second was the Modified Agricultural Insurance Scheme. Both these schemes had many drawbacks. The biggest drawback of both the old schemes was their long claims process.

Objective of the scheme

To provide financial support to farmers who have suffered economic loss due to crop damage due to unforeseen circumstances/events.
To stabilize the income of the farmers so that they can survive in the agribusiness sector.
To encourage farmers to adopt modern and innovative techniques for farming.
To maintain credit/money flow in agriculture sector.

Eligibility Criteria

All farmers including sharers/partners and ganuts growing notified crops in notified areas are eligible to be covered under this scheme.
All farmers who have availed credit for notified crops from financial institutions for seasonal farming operations (i.e. credit farmers) shall be compulsorily covered.

Benefits / Assistance of the Scheme

Under this scheme, farmers have to pay a premium of two per cent for ravi crops, 1.5 per cent for ravi crops and up to five per cent for annual commercial and annual horticultural crops.
Under this scheme crops are covered at specified stages and risk of crop damage

Purpose of Pradhan Mantri Crop Insurance Scheme

The main objective of launching the Pradhan Mantri Crop Insurance Yojana by Prime Minister Narendra Modi is to provide financial assistance to farmers suffering from crop losses due to natural calamities so as to encourage farmers to adopt innovative and modern farming practices and increase farmers’ income.

Prevented sowing: In the event that sowing and planting in the insured area has to be stopped due to low rainfall or adverse seasonal conditions.

Standing crops (from sowing to harvest): Unpreventable hazards i.e. drought, lack of rainfall, floods, excess rainfall/waterlogging, pests and diseases, landslides, natural fires, lightning, storms, blizzards, cyclones and cyclones. Damages due to rainfall as well as unseasonal rain/snowfall hazards are comprehensively covered.

Post-harvest loss: The period up to two weeks post-harvest is covered under this insurance plan.

Local Disasters: Damage to crops in local areas due to hail, landslides and water flooding in the notified area.

Provision of On Account Payment: Provision of on account payment to farmers for losses due to intermittent adverse conditions for major crops.


At the state level, an insurance scheme coordination committee has been constituted under the chairmanship of the Secretary, Agriculture. The Sadar Committee, as per the guidelines of the Central Government, which has to decide the implementing organizations by tendering/bidding at the beginning of the season, also decides the crops to be covered under the scheme, defined area, rate of premium, subsidy in premium, sum insurable etc.

which will issue a resolution for that season. Based on which the proposal form will have to be submitted online by the farmers for the notified area crops, the implementing organization of the scheme will accept the premium through the banks, calculate the claims and approve the receivables as per the rules and credit the amount of the crop claim to the farmer’s account through Will deposit.

Benefits available under PMFBY Scheme

Farmers have to claim the loss to avail the benefit of Pradhan Mantri Crop Insurance Scheme. A farmer can claim insurance in case of crop damage or other crop failure due to natural calamity. Under the Pradhan Mantri Crop Insurance Scheme, different amounts have been fixed for crops.

For cotton crop, the claim amount is a maximum of Rs. 36,282 per acre is given. The insurance claim amount is Rs.37,484 for paddy crop, Rs.17,639 for millet crop, Rs.18,742 for maize crop and Rs.16,497 for gram crop.

Which crops will be covered under PMFBY scheme?

Food crops (cereals-paddy, wheat, millet etc.)
Annual Commercial (Cotton, Jute, Sugarcane etc.)
Pulses (peas, chickpeas, peas and lentils, soybeans, mung beans, chickpeas and chickpeas etc.)
Oilseeds (sesame, mustard, castor, cottonseed, groundnut, soybean, sunflower, rapeseed, safflower, linseed, nigerseed etc.)
Horticultural crops (banana, grape, potato, onion, cassava, cardamom, ginger, turmeric, apple, mango, orange, guava, litchi, papaya, pineapple, chickpea, tomato, pea, cauliflower)

How to apply?

  • First of all you have to go to the official website of Pradhan Mantri Fasal Bima Yojana.
  • After this the home page of the website will open in front of you.
  • On the home page, you have to click on Farmer’s Corner Apply for Crop Insurance Self option.
  • After this the farmer application page will open in front of you.
  • On which you have to click on the option of guest farmer.
  • On clicking, the registration form will open in front of you.
  • Now you have to carefully enter all the required information asked in this form. like-
  • farmer details,
  • residential details,
  • Farmer ID
  • Account information
  • After entering all the information you have to enter the captcha code given below.
  • After that you have to click on submit option.
  • This will complete your application process.
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