Crores of farmers benefited from insurance scheme: PM

Crores of farmers benefited from insurance scheme: PM

On the completion of five years of Centre’s flagship insurance scheme for farmers — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — Prime Minister Narendra Modi said the scheme had benefited crores of farmers by mitigating farming risks against the vagaries of nature.

Tribune News Service

New Delhi, January 13

On the completion of five years of Centre’s flagship insurance scheme for farmers — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — Prime Minister Narendra Modi said the scheme had benefited crores of farmers by mitigating farming risks against the vagaries of nature.

The Agriculture Ministry urged the farmers to avail benefits of the scheme. Former Agriculture Secretary Siraj Hussain said: “It is a good scheme. In several states, including Haryana, claims have exceeded the gross premium. Agriculture Minister Narendra Singh Tomar called for a need to raise awareness, citing examples where the scheme was able to safeguard the interests of farmers.

“A sum of Rs 90,000 crore has been paid as claims to the farmers till now. The scheme was fully operational during the lockdown, distributing claims of over 8741.3 crore to 69.70 lakh farmers across India, which is highly commendable,” Tomar said.

Top Stories

LPG price hiked again by Rs 25, fourth increase in month’s time

LPG price hiked again by Rs 25, fourth increase in month’s time

Prices up by Rs 125 per 14.2-kg cylinder since the beginning...

Ruckus in Punjab Assembly over farm laws as Budget session begins

Ruckus in Punjab Assembly over farm laws as Budget session begins

Akalis raise slogans as Governor begins address; AAP MLAs ri...

Amidst border tension, Chinese hackers targeted India’s power through malware: US firm

Amidst border tension, Chinese hackers targeted India’s power through malware: US firm

Irresponsible to accuse a particular party when there is no ...

Prashant Kishor appointed principal adviser to Punjab CM

Prashant Kishor appointed principal adviser to Punjab CM

Kishor had played a crucial role in the 2017 state assembly ...

Modi takes first dose as age-specific Covid vaccine drive begins

Modi takes first dose as age-specific Covid vaccine drive begins

P Niveda from Puducherry administers Covaxin to the PM

Cities

View All