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4 साल 2 महीने पहले
Launched in 2016, the Pradhan Mantri Fasal Bima Yojana PMFBY is a large-scale crop subsidy insurance scheme that was aimed to safeguard farmers. This flagship scheme was designed in line with the One Nation–One Scheme and replaces three older initiatives—Modified National Agricultural Insurance Scheme (MNAIS), Weather-based Crop Insurance Scheme and the National Agricultural Insurance Scheme (NAIS)—by incorporating their best features and removing inherent shortcomings to improve insurance services available to farmers. This scheme is being administered by the Department of Agriculture, Cooperation and Farmers’ Welfare under the Ministry of Agriculture, along with empanelled general insurance companies.
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