Fasal Bima Yojana 2025 Overview: Farmer Protection, Premiums & State Defaults
The Pradhan Mantri Fasal Bima Yojana (PMFBY) was introduced on 18 February 2016, aiming to replace the previous crop insurance schemes, NAIS and MNAIS. These schemes provide farmers with financial support to offset crop losses resulting from various factors, including natural disasters, pests, diseases, and post-harvest risks, aiming to stabilize their incomes and maintain a … Read more