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Pradhan Mantri Fasal Bima Yojana is security cover for farmers: Narendra Singh Tomar

New Delhi:13/1/21: Union Agriculture Minister Shri Narendra Singh Tomar interacted with stake-holders across the country via video conferencing on the occasion of the completion of five years of the Pradhan Mantri Fasal Bima Yojana. He said that there is a need to raise awareness about the Pradhan Mantri Fasal Bima Yojana so that many more farmers can take advantage of the scheme.

The scheme, which was launched as a major step to provide a comprehensive risk solution at the lowest uniform premium across the country for farmers, was approved by the union cabinet on 13th January 2016.

Shri Tomar said, “The scheme is a milestone crop insurance scheme covering full crop cycle against the losses occurring due to non-preventable natural risk.  A total of Rs. 90, 000 Crore have been paid as claims to farmers till now. In fact, the scheme was fully operational during the COVID-19 lockdown, distributing claims of over 8741.3 crores to 69.70 lakh farmers across India, which is highly commendable.”

The meeting was attended by over 150 representatives including officials of the state governments, banks, and insurance companies. All the stakeholders discussed key features of the scheme such as integration of land records with the PMFBY portal, Crop Insurance mobile-app, satellite imagery, remote-sensing technology for robust coverage around the country.

As an endeavor to constantly bring about improvements, the scheme was made voluntary for all farmers, post its revamp in February 2020. Over 5.5 crore farmer applications have been received on year on year basis, taking the count of total farmer applications to over 28 crores in the last 5 years.

Agriculture Secretary Shri Sanjay Aggrawal in his address said that the PFMBY is the largest insurance scheme in the world for farmers and it is an example of effective utilisation of technology in the Agriculture sector.

During the interaction with the stake-holders.Bhutani, CEO-PMFBY, made a presentation on 5 years completion of PMFBY(Click here for the Presentation)

Shri Tomar, along with union minister of state Sh. Parshottam Rupala and Sh. Kailash Chaudhary, congratulated the farmers of India for enrolling in the scheme in such large numbers and wished success for the scheme in future.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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