The majority of the rural population in the agriculture-dependent nation of India depends on it. Because agriculture is the major source of income for rural farmers, natural disasters often cause significant damage to their main crop, which puts their brothers in a terrible situation. The Prime Minister Crop Insurance Scheme was authorized nationwide on January 13, 2016, in an effort to alleviate all these issues and concerns for the farmer brothers. By paying the premium under the Pradhan Mantri Crop Insurance Scheme, farmers’ crop losses brought on by natural disasters would be somewhat mitigated.

The Pradhan Mantri Fasal Bima Yojana offers protection to commercial and horticultural crops in addition to crops grown during the Kharif and Rabi seasons. Farmers would be required to pay 2% premium for Kharif crops, 1.5% premium for Rabi crops, and 5% premium for commercial and horticultural crops by the insurance firms under the Pradhan Mantri Fasal Bima Yojana.

The amount of government assistance is unlimited; even if the remaining premium is 90%, the government will cover it.

In order to ensure that the farmer brothers get the whole insured amount in the event of crop loss due to a natural catastrophe, the rate that the farmers must pay has been kept very low and the government would bear the remaining premium.

AIC, the Agricultural Insurance Company of India, is the only insurer in charge of the Pradhan Mantri Fasal Bima Yojana.

“One Nation, One Plan” is the theme of the Pradhan Mantri Fasal Bima Yojana. The advantages of every previous insurance plan have been accepted under this one, while the drawbacks and flaws have been eliminated.

The Pradhan Mantri Fasal Bima Yojana’s primary goals are to give farmers with insurance protection against losses brought on by pests, illnesses, and natural catastrophes, as well as cash aid.

sustaining the stability of farmers’ incomes as a consequence of keeping them actively engaged in agriculture.

to persuade farmers to use cutting-edge farming techniques and technologies.

to guarantee credit flow to the agriculture industry.

Prime Minister Crop Insurance’s new service areas include:

We would like to inform the farmer brothers via this post that the Prime Minister Crop Insurance Scheme’s primary growth area is based on the following factors, which we will remark on using the following criteria:

All farmers, including tenant and landowner farmers, who are cultivating crops in accordance with the notice in the notified regions are eligible at this time.

All farmers who have borrowed money from financial institutions to do seasonal agricultural tasks for the declared crops will be required to participate in the obligatory component.

For non-loanee farmers in the voluntary component, this program will be optional.

To guarantee that SC/ST/women farmers are fully covered through this program, further efforts are being done.

For crops, the following key crops have been identified by farmer brothers as eligible for the Pradhan Mantri Fasal Bima Yojana’s benefits:

crops grown for food (cereals, millets, and pulses)

oilseeds

Crops Used for Business and Agriculture

Points mentioned in crop risk:- This is a crucial point where farmer brothers are notified that the dangers listed below that cause crop loss have been maintained under this program.

Risks associated with stopping sowing and planting include: – Stopping sowing or planting because of poor weather or less rainfall in the designated regions.

Crops in the field (from planting to harvesting): – Exposed to dangers from natural disasters as hail, cyclones, storms, tornadoes, landslides, natural fire and lightning, starvation, flood, inundation, pests and diseases. Brothers who are farmers are given comprehensive risk insurance to cover crop losses.

For post-harvest losses: For a maximum of two weeks after harvest, coverage is offered for post-harvest circumstances resulting from losses caused by cyclones, cyclonic rains, or unseasonal rainfall.

Local disasters: In the notified region, coverage is offered for losses caused by landslides, floods, and severe rains that harm isolated farms.

We would like to let the farmer brothers know that the following crop losses are not covered by insurance since they are caused by external factors:

The following are prohibited from the coverage: grazing by domestic or wild animals, nuclear attack, war, intimate risk, willful damage, theft, or hostile acts.

Prime Minister Crop Insurance Scheme benefits include:
In accordance with the Pradhan Mantri Crop Insurance Scheme, the Agricultural Insurance Company would reimburse farmers for crop losses caused by natural disasters.

Only farmers whose crops have been harmed by a natural catastrophe are eligible to profit from this program.

Only the nation’s farmer brothers and sisters will get the benefits of this plan.

Farmers are only paid 2% for Kharif crops, 1.5% for Rabi crops, and 5% for commercial and horticultural crops under the Pradhan Mantri Fasal Bima Yojana program.

Pradhan Mantri Fasal Bima Yojana application documents required:- This is a crucial stage where we will outline the paperwork that the farmer brothers will need to submit in order to apply for this program’s rewards.

Aadhaar cards, ration cards, bank accounts, the farmer’s residency certificate, agricultural paperwork, the farmer’s picture, and the date of crop planting are all required.

Farmers who meet the eligibility requirements may apply for the Pradhan Mantri Fasal Bima Yojana online. Farmers may apply for this program by visiting the government’s official website, pmfby.gov.in.