The rural sector of check here India is susceptible to a multitude of challenges, with crop loss being one of the most crippling. To alleviate this issue, the government of India introduced the Pradhan Mantri Fasal Bima Yojana (PMFBY), a comprehensive crop insurance scheme. The PMFBY aims to provide financial security to farmers by compensating t
Pradhan Mantri Fasal Bima Yojana: A Comprehensive Guide
The Pradhan Mantri Fasal Bima Yojana, commonly known as PMFBY, is a crucial scheme launched by the Indian government to safeguard farmers from the financial burdens caused by crop failures. It offers monetary support to farmers in case of damage or failure to their crops due to natural calamities, pests, diseases, or other unforeseen circumstances.