Tag:crop insurance

Reiterating the government’s broader vision, Chouhan said that these initiatives collectively aim to build a system where farmers are not only assured of better income but are also protected against risks, thereby strengthening the foundation of a resilient and self-reliant agricultural sector in the country.

Taking virtual testimony from farmers in Maharashtra and a district in Madhya Pradesh, the minister expressed serious concern at what he called a “mockery” of the insurance scheme designed to protect farmers from crop losses.

PMFBY remains a cornerstone in India’s agricultural policy, safeguarding farmers' livelihoods and ensuring a resilient farming ecosystem.

Chouhan said that while the earlier system excluded debt-free farmers from insurance, the new policy includes provisions for them as well. The union minister for...

The crop insurance scheme is voluntary for all farmers. The government has mandated a compulsory use of at least 0.5 per cent of the...