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Pradhan Mantri Fasal Bima Yojana was launched on 18th Feb 2016 to safeguard the farmer’s interests across the country. PMFBY is a crop insurance scheme that facilitates the farmers to claim their insurance at times of adversity, such as natural calamities, pest attack or crop diseases. The scheme is a combined effort of both the Central and State government. “One Nation, One Scheme” is the main motto of the scheme and hence all other crop insurance schemes have been declined.
To know more about the only crop insurance scheme in India, follow the article below. Here, we have provided all the details and particulars regarding the Pradhan Mantri Fasal Bima Yojana, its objectives, PMFBY 2.0, benefits, eligibility, coverage of crops and risks, etc. Also, check the procedure to apply online PMFBY, PMFBY online registration, PMFBY Application status and much more.
Pradhan Mantri Fasal Bima Yojana (PMFBY)
PMFBY, abbreviated for Pradhan Mantri Fasal Bima Yojana, is a crop insurance scheme, which protects the farmers from the failure of their crops due to discernible perils, such as natural calamities, pests and diseases. The scheme accommodates the lowest and affordable uniform insurance premium for the farmers of the country.
Latest Update: Assam Government under Agriculture department announced on 15th July to Register 5 lakh Farmers under PM Fasal Bima Yojana by July 31 for Sali paddy. Atul Bora, Agriculture Minister of Assam said that district Agricultural Officers will undertake the project.
On 18th Feb 2016, PM Shri Narendra Modi launched the Pradhan Mantri Fasal Bima Yojana in the gracious presence of many dignitaries of India. The scheme is regulated under the Department of Agriculture, Cooperation and Farmers’ Welfare of the Ministry of Agriculture and Farmers’ Welfare, Govt. of India. The scheme has replaced the previous crop insurance schemes, NAIS and MNAIS. However, it has incorporated the best features of them and aims to offer in the best interests of the farmers across the nation.
The PMFBY portal has facilitated digitalization for providing data and information to farmers, insurance companies, financial institutions & Government agencies. The portal is an integrated online platform, enabling the ease of to access information regarding crops and insurance schemes. For the ease of the citizens, the portal is available in twelve different languages, i.e. English, Hindi, Kannada, Tamil, Malayalam, Bangla, Gujarati, Punjabi, Assamese, Marathi, Odia and Telugu.
PM Fasal Bima Yojana Overview
|Article Category||Pradhan Mantri Yojana|
|Name of the Scheme||Pradhan Mantri Fasal Bima Yojana |
प्रधान मंत्री फसल बीमा योजना
|Location||All over India|
|Launched on||18th Feb 2016|
|Launched by||PM Shri Narendra Modi|
|Authority||Ministry of Agriculture and Farmers Welfare|
|Objective||To empower the farmers of the nation|
|Beneficiaries||Farmers of India|
|Last date to apply||Kharif- 31st July|
Rabi- 31st December
|Mode of application||Online|
Revamped Pradhan Mantri Fasal Bima Yojana
Union Cabinet has authorized the revamping of the PM Fasal Bima Yojana to overcome the issues and problems faced during the implementation of the existing scheme. Some of the major modifications in the scheme are listed below:-
- The scheme is now completely voluntary for all the farmers.
- Out of the total premium amount assembled, 0.5% will be utilized on ICE- Information, Communication, and Education activities.
- The central share has been raised to 90% for the north-eastern states.
- If the state fails to sanction the premium amount to the authorized insurance companies before the stipulated time, the state cannot participate in the scheme for upcoming seasons anymore.
- It is now the state’s choice to determine their measure of finance for the risk covers.
- Cap on Central Premium Rates:
- Irrigated areas/ crops- up to 25%
- Unirrigated areas/ crops – up to 30%
- Irrigated District: Over 50% of irrigated area
- Extensive use of technology
Objectives of Pradhan Mantri Fasal Bima Yojana
PM Fasal Bima Yojana is an initiative to promote the sustainable production of crops. It extends the help to farmers who suffered from severe crop loss due to natural calamities, such as heavy rainfall, inundation, droughts, floods, cyclones, natural fire, etc. The scheme claims to provide crop insurance to such beneficiaries to stabilize and recover from the loss. Some of the major objectives of the Pradhan Mantri Fasal Bima Yojana are enlisted below:-
(i) The scheme grants financial aid to the farmers suffering from harsh and stern crop loss due to natural disasters, attack of pests and diseases.
(ii) PMFBY encourages farmers to continue farming.
(iii) PMFBY provides opportunities for farmers to assure their stability in terms of finance.
(iv) Also, the scheme promotes contemporary and modern methodologies and techniques for farming.
(v) This Crop Insurance Scheme aims to maintain the flow of credit in the sector.
(vi) It will ensure food security.
Benefits of PMFBY registration
Prime Minister Crop Insurance Scheme has helped many farmers during unprecedented times of disasters. Some of the major benefits of the scheme are as follows:-
(i) The beneficiaries need to pay a very less amount of premium under the scheme.
(ii) The beneficiaries will be paid the full or partial insurance amount in case of crop failure.
(iii) Under PMFBY, it is very easy to claim the insurance amount via online mode.
(iv) The scheme helps in the upliftment of the people engaged in the agriculture sector.
The following table includes some of the notable claims proclaimed under the PM Crop Insurance Scheme.
|Andhra Pradesh||Rs. 500 Cr||Pre-sowing claims|
|Haryana||Rs. 100 Cr||2018 hailstorm|
|Rajasthan||Rs. 30 Cr||2019-20 locust attack|
|Maharastra||Rs. 5000 Cr||2019 unseasonal rainfall|
According to a recent tweet of Digital India, PM Narendra Modi claims to allocate Rs 90,000 crore insurance claims to the farmers in the last five years.
|Number of Farmers||93,28,259|
|Insured Sum||768.24 Cr|
|Total Premium||9894.97 Cr|
Premium Rates and Premium Subsidy
Below is the table which contains details about the premium rates and amount to be borne by the farmers. Rest will be the government’s (central and state) share.
|Season||Crop||Premium Charges to be paid by the Farmer|
|Rabi||Food grain and oilseed crops||2% of the Sum Insured or Actuarial Rate|
|Kharif||Food grain and oilseed crops||1.5% of the Sum Insured or Actuarial Rate|
|Rabi & Kharif||– Annual horticultural/ commercial crops|
– Perennial horticultural/ commercial
crops (pilot basis)
|5% of the Sum Insured or Actuarial Rate|
Who can apply for Pradhan Mantri Fasal Bima Yojana?
PM Fasal Bima Yojana is a crop insurance scheme that can be availed by all the farmers in the country. It also includes sharecroppers and tenant farmers. The beneficiary farmer must have an insurable amount of interest against the crops.
It must be noted that the non-loanee farmers must attach their requisite land records along with the application form.
Coverage of Crops
The following list of crops will be covered under Pradhan Mantri Fasal Bima Yojana:-
|S.No.||Types of Crops|
|I||Food crops, such as pulses, millets, cereals, etc.|
|III||Annual Commercial / Horticultural crops|
|IV||Perennial Commercial / Horticultural crops|
Coverage of PMFBY Crop Insurance Scheme
The types of risk covers offered under the scheme are described underneath.
- Basic Cover
Under the basic cover of PMFBY, the loss of standing crop (sowing to harvesting) due to unavoidable circumstances, for example, floods, droughts, natural fires, pest attack, crop diseases, etc. are covered. The claim is granted on the basis of the area affected.
- Add-On Coverage
The State Government may or may not choose to provide additional coverage based on the requirement of the crop to cover the following steps of crop and dangers leading to the crop loss
- Prevented Sowing/Planting Risk: Due to drastic climatic conditions, the insured area is restricted from sowing.
- Mid-Season Adversity: If any seasonal climatic changes occur during the crop season, this particular cover provides relief funds immediately.
- Post-Harvest Losses: The cover facilitates an instant insurance claim in case of any calamity within the two weeks of harvesting.
- Localized Calamities: Crop loss due to localized calamities, such as hailstorm, heavy rainfall, cyclones, lightning, etc.
- Crop loss due to attack by wild animals
For crops damaged and affected due to nuclear risks, war and malicious will not be considered for allocating insurance claims under Pradhan Mantri Fasal Bima Yojana.
Pradhan Mantri Fasal Bima Yojana Online Registration 2022
All the eligible beneficiaries can apply for the scheme in an online manner. Pradhan Mantri Fasal Bima Yojana official website offers the farmers to online register themselves for the scheme. Check the procedure below for PM Fasal Bima Yojana online registration.
Step 1:- Interested farmers must visit the official website of PMFBY at first. The homepage will open.
Step 2:- Search for “Farmer Corner” icon on the homepage. Click on it.
Step 3:- For a new registration, an applicant must select the option of “Guest Farmer”.
Step 4:- The following page will appear asking for your personal, residential and account details. At last, click on the “Create User” button available at the end of the page.
Step 5:- After successful submission of the registration form, the farmers can log in to their accounts to update their profiles through their registered mobile number.
Documents Required for PMFBY
Interested farmers must prepare the following list of documents beforehand. All the documents produced should be authorized by the concerned signatory department.
- Farmer’s ID Proof
- Residential Proof
- Supporting Land Records
- Proof of crop sown in the field
- Cancelled cheque
How to check PMFBY Application Status?
The applicants can track their Pradhan Mantri Fasal Bima Yojana application online. The process for the same is very easy and simple. Check below.
Step 1:- To check the PMFBY application status, the applicants must visit the official website of Pradhan Mantri Fasal Bima Yojana. You will find an “Application Status” icon.
Step 2:- Clicking on the icon will open the following dialog box. Feed in your Receipt number and the exact captcha code to proceed.
Step 3:- Lastly, click on the yellow colored “Check Status” button. Your application status will be shown on the screen.
PM Fasal Bima Yojana Insurance Claim Calculator
PMFBY portal allows the farmers to know their insurance premium before using the Insurance Premium Calculator feature. The procedure on how to calculate the same has been discussed below.
Step 1:- Firstly, the beneficiaries need to visit the official website of PMFBY. Click on the “Insurance Premium Calculator” icon available on the homepage.
Step 2:- The users must select the season of the crop, year, applied scheme, your state and district and the type of crop from their respective drop-down lists. Enter the area in hectares.
After that, click on the “Calculate” button to check your insurance amount.
Step 3:- The system will generate the amount of insurance premium to be paid to the beneficiaries under the scheme.
How do I claim PMFBY Insurance Amount?
Check the complete process to claim Pradhan Mantri Fasal Bima Yojana Insurance Amount below.
(i) Firstly, the insured farmers must contact the insurance company, bank or the state government to inform and report about the crop loss within 72 hours of damage.
(ii) Your report will be forwarded to the concerned insurance company.
(iii) A Damage Surveyor will be selected for the purpose by the insurance company within 72 hours of the report.
(iv) The designated Damage Surveyor will inspect the agricultural site within the next ten days.
(v) If found genuine, the amount will be transferred to the beneficiaries’ account within 15 days of the survey.
Report Crop Loss
The farmers suffering from the failure of crops and willing to claim their insurance amount can report the damage to the concerned insurance company.
|Insurance Company Name||Contact details|
|Agriculture Insurance Company||1800116515|
|BAJAJ Allianz General Insurance Co. Ltd.||18002095959|
|Bharti AXA General Insurance Company Ltd.||18001037712|
|Cholamandalam MS General Insurance Company Ltd.||18002005544|
|Future General India Insurance Co. Ltd.||18002664141|
|HDFC ERGO General Insurance Co. Ltd.||18002660700|
|ICICI Lombard General Insurance Co. Ltd.||18002669725|
|IFFCO Tokio General Insurance Co. Ltd.||18001035490|
|National Insurance Co. Ltd.||18003450330|
|New India Assurance Company||18002091415|
|Reliance General Insurance Co. Ltd.||18001802117 (Haryana) / 18001024088 (For Rest of India)|
|Royal Sundaram General Insurance Co. Ltd.||18005689999|
|SBI General Insurance||1800 22 1111|
|Shriram General Insurance Co. Ltd.||180030030000/18001033009|
|Tata AIG General Insurance Co. Ltd.||18002093536|
|United India Insurance Co.||180042533333|
|Universal Sompo General Insurance Company||18002005142|
PMFBY Mobile Application
Crop Insurance is a mobile application to avail of the features of PMFBY via smartphones. The app facilitates a single platform to access the benefits of the scheme. One can register to apply for the scheme, check his/ her application status, and calculate the insurance claim premium. Furthermore, it has incorporated a number of FAQs related to the scheme and portal. If you still have issues, it has given the helpline number to directly contact the concerned authorities. For assistance, the app is available in ten different regional languages other than English and Hindi.
Salient Features of the PMFBY Mobile App
(i) Apply for PM Fasal Bima Yojana
(ii) View and Download PDF of the policies
(iii) Before applying for the scheme, you can calculate the Insurance Premium
(iv) Track your application
(v) Report Crop Loss
(vi) Helpline number
(vii) General FAQs
PMFBY Technical Grievance
To register any complaint or issue regarding the scheme or portal, you can use the Technical Grievance feature. Check below the procedure on how to file a complaint.
Step 1:- First of all, visit the official website of PMFBY. On the homepage, click on the icon of “Technical Grievance” as shown in the picture below.
Step 2:- The following page will be displayed on the screen. Fill in your name, registered mobile and email ID. You can write your issue in the Comments box available.
Step 3:- Enter the exact captcha code as shown and at last, click on the “Submit” button.
Step 4:- Your issue will be submitted and will be looked upon soon.
All the queries and issues related to the Pradhan Mantri Fasal Bima Yojana and Crop Insurance Scheme portal and app will be resolved by the PMFBY officials. If you have doubts regarding the scheme, the application procedure or others, you can contact the concerned authorities through their email. You can write to them at [email protected] with your questions.
PMFBY Registration Important Dates
|Season||Last Date to Apply|
Frequently Asked Questions
Crop Insurance offers the farmers financial security at the difficult times of crop loss due to unavoidable situations. It provides a means to aid to recover from the loss.
(i) Food crops
(iii) Annual/ perennial horticultural or commercial crops.
SI = Scale of Finance (per hectare) X Notified crop area as proposed by the farmer for insurance.
All the unforeseen circumstances that result in damage of crops are covered under the scheme from pre-sowing to post-harvesting stages.
The insured amounts are paid to the farmers via NEFT mode only.
You can contact the PMFBY official through their email: [email protected]
PMFBY Important Links
|Official Website of PMFBY||Click here|
|Revamped Guidelines of PMFBY||Click here|
|PMFBY Features – English||Click here|
|PMFBY Features – Hindi||Click here|
|PMFBY Tutorials||Click here|
|Crop Insurance Mobile App||Download|
|PMFBY PIB||Click here|