Big news for farmers! Government will give compensation if crop gets damaged, register immediately in this scheme

PM Fasal Bima Yojana: There is relief news for the farmers of the country. of central government Prime Minister Crop Insurance Scheme (PMFBY) Once again in the news, under which farmers will be given compensation in case of crop damage due to natural disaster, excessive rain, drought and insect attack. direct financial compensation Are being given.

According to government data, every year lakhs of farmers get their crops insured under this scheme and in case of loss, the amount is transferred to their bank account.

What is Prime Minister Crop Insurance Scheme? (PM Fasal Bima Yojana)

The objective of Pradhan Mantri Fasal Bima Yojana is to protect farmers from the risks arising in farming. In this scheme, farmers can get their crops insured by paying a very low premium, while the government bears the remaining amount.

How much premium is to be paid?

• Monsoon crops: only 2%
• Winter crops: only 1.5%
• Commercial/Horticultural Crops: 5%

The remaining premium is paid by the central and state governments.

Why is this scheme necessary now?

In many states, farmers have suffered huge losses due to sudden changes in weather, unseasonal rains and hailstorms. In such a situation, farmers who have taken crop insurance can get the benefit of compensation for losses.

Agriculture Department says that Only those farmers who register on time will get the benefit of the scheme.Therefore, farmers are being advised not to wait for the last date.

How to apply?

Farmers can apply in the following ways:

• nearest bank branch
• CSC (Public Service Center)
• authorized insurance company
• Through the agriculture portal of the state government

Which documents are required?

• Aadhar card
• bank passbook
• land related documents
• crop information

Why is this news important for farmers?

Nowadays farming is completely dependent on weather. In such a situation, this scheme is for the farmers. Safety armor Works like. This is the reason why this scheme has once again become a topic of discussion among farmers.