Tag: Pradhan Mantri Fasal Bima Yojana

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Implementation of Pradhan Mantri Fasal Bima Yojana

Source:  PIB Context: The government has extended the Pradhan Mantri Fasal Bima Yojana (PMFBY) and Restructured Weather-Based Crop Insurance Scheme (RWBCIS) till 2025-26 with an outlay of ₹69,515.71 crore. A new grievance redressal mechanism, including the Krishi Rakshak Portal and Helpline (KRPH), has been introduced to enhance transparency and timely claim settlements. About Pradhan Mantri …

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Pradhan Mantri Fasal Bima Yojana

Source:  DD News  Context: The Union Cabinet has approved the continuation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) until 2025-26, allocating ₹69,515 crore. About Pradhan Mantri Fasal Bima Yojana: Launched in: 2016 by the Ministry of Agriculture & Farmers Welfare. Objective: Provide insurance coverage for crop losses caused by natural calamities. Stabilize farmers’ income …

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[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 24 March 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

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Pradhan Mantri Fasal Bima Yojana

Topics Covered: Issues related to direct and indirect farm subsidies and minimum support prices; Public Distribution System objectives, functioning, limitations, revamping; issues of buffer stocks and food security; Technology missions; economics of animal-rearing. Pradhan Mantri Fasal Bima Yojana: Context: The scheme completes five years. About PMFBY: Launched in 2016. Merged schemes include National Agricultural Insurance …

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Insights into Issues: Pradhan Mantri Fasal Bima Yojana – How Different is it from Earlier Agri Insurance Schemes?

    Insights into Issues: Pradhan Mantri Fasal Bima Yojana – How Different is it from Earlier Agri Insurance Schemes?   Problems with the current Insurance Schemes: There is low awareness about the current schemes. Only 19% farmers have heard of such schemes Low penetration of Financial Institutions also adds to the cause of poor …

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