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Pradhan Mantri Fasal Bima Yojana completes 5 years of operation; govt urges farmers to take benefit of scheme.
Jan 13, 2021

The Centre on Tuesday urged the farming community to take advantage of the Pradhan Mantri Fasal Bima Yojana (PMFBY), which has completed 5 years, in order to become 'self-reliant farmers'. In a statement, the Union agriculture ministry said claims worth Rs 90,000 crore have so far been disbursed to farmers since the launch of the scheme on January 13, 2016.
Even during the COVID-19 lockdown period, nearly 70 lakh farmers benefitted and claims worth Rs 8,741.30 crore were transferred to the beneficiaries, it added.

The Economic Times