{"id":16918,"date":"2026-03-14T06:00:25","date_gmt":"2026-03-14T06:00:25","guid":{"rendered":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/?p=16918"},"modified":"2026-03-14T06:02:52","modified_gmt":"2026-03-14T06:02:52","slug":"pm-fasal-bima-yojana","status":"publish","type":"post","link":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/","title":{"rendered":"PM Fasal Bima Yojana"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"introduction\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span>Introduction<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Pradhan Mantri Fasal Bima Yojana (PMFBY) is a flagship crop insurance scheme launched by the Government of India to provide financial protection to farmers against crop loss or damage due to natural calamities, pests, and diseases. The scheme aims to stabilize farmers\u2019 income and encourage them to continue farming despite risks.<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #0c0c0c;color:#0c0c0c\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #0c0c0c;color:#0c0c0c\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Introduction\" >Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Objectives_Of_PM_Fasal_Bima_Yojana\" >Objectives Of PM Fasal Bima Yojana<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Crops_Covered_Under_PMFBY\" >Crops Covered Under PMFBY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Premium_Rates_Under_PMFBY\" >Premium Rates Under PMFBY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Risks_Covered_Under_PMFBY\" >Risks Covered Under PMFBY<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Prevented_Sowing\" >Prevented Sowing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Standing_Crop_Loss\" >Standing Crop Loss<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Post-Harvest_Losses\" >Post-Harvest Losses<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Localized_Calamities\" >Localized Calamities<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Eligibility_For_PM_Fasal_Bima_Yojana\" >Eligibility For PM Fasal Bima Yojana<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Claim_Settlement_Process\" >Claim Settlement Process<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Benefits_Of_PM_Fasal_Bima_Yojana\" >Benefits Of PM Fasal Bima Yojana<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Challenges_Of_PMFBY\" >Challenges Of PMFBY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.legalserviceindia.com\/Legal-Articles\/pm-fasal-bima-yojana\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n\n<p>PMFBY was launched on 18 February 2016 and is implemented by the Ministry of Agriculture &amp; Farmers Welfare.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"objectives-of-pm-fasal-bima-yojana\"><span class=\"ez-toc-section\" id=\"Objectives_Of_PM_Fasal_Bima_Yojana\"><\/span>Objectives Of PM Fasal Bima Yojana<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The main objectives of PMFBY are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>To provide insurance coverage and financial support to farmers in case of crop failure<\/li>\n\n\n\n<li>To stabilize farmers\u2019 income and ensure economic security<\/li>\n\n\n\n<li>To encourage farmers to adopt modern agricultural practices<\/li>\n\n\n\n<li>To provide an inflow of credit to the agricultural sector.<\/li>\n\n\n\n<li>To reduce the risk and uncertainty associated with farming<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"crops-covered-under-pmfby\"><span class=\"ez-toc-section\" id=\"Crops_Covered_Under_PMFBY\"><\/span>Crops Covered Under PMFBY<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>PMFBY covers a wide range of crops, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Food crops (cereals, millets, pulses)<\/li>\n\n\n\n<li>Oilseeds<\/li>\n\n\n\n<li>Annual commercial and horticultural crops<\/li>\n<\/ul>\n\n\n\n<p>Both Kharif and Rabi season crops are included under the scheme.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"premium-rates-under-pmfby\"><span class=\"ez-toc-section\" id=\"Premium_Rates_Under_PMFBY\"><\/span>Premium Rates Under PMFBY<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>One of the key features of PMFBY is its low premium rate for farmers:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Crop Category<\/th><th>Premium Rate<\/th><\/tr><\/thead><tbody><tr><td>Kharif crops<\/td><td>2% of the sum insured<\/td><\/tr><tr><td>Rabi crops<\/td><td>1.5% of the sum insured<\/td><\/tr><tr><td>Commercial\/Horticultural crops<\/td><td>5% of the sum insured<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The remaining premium amount is subsidized by the Central and State Governments, making the scheme affordable for farmers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"risks-covered-under-pmfby\"><span class=\"ez-toc-section\" id=\"Risks_Covered_Under_PMFBY\"><\/span>Risks Covered Under PMFBY<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>PMFBY provides coverage against the following risks:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"prevented-sowing\"><span class=\"ez-toc-section\" id=\"Prevented_Sowing\"><\/span>Prevented Sowing<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>If farmers are unable to sow crops due to adverse weather conditions like insufficient rainfall.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"standing-crop-loss\"><span class=\"ez-toc-section\" id=\"Standing_Crop_Loss\"><\/span>Standing Crop Loss<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Losses caused by:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Drought<\/li>\n\n\n\n<li>Flood<\/li>\n\n\n\n<li>Cyclone<\/li>\n\n\n\n<li>Storm<\/li>\n\n\n\n<li>Landslide<\/li>\n\n\n\n<li>Natural fire<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"post-harvest-losses\"><span class=\"ez-toc-section\" id=\"Post-Harvest_Losses\"><\/span>Post-Harvest Losses<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Coverage for losses occurring after harvesting due to cyclones, unseasonal rainfall, etc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"localized-calamities\"><span class=\"ez-toc-section\" id=\"Localized_Calamities\"><\/span>Localized Calamities<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Losses due to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Hailstorm<\/li>\n\n\n\n<li>Landslide<\/li>\n\n\n\n<li>Inundation<\/li>\n\n\n\n<li>Cloudburst<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"eligibility-for-pm-fasal-bima-yojana\"><span class=\"ez-toc-section\" id=\"Eligibility_For_PM_Fasal_Bima_Yojana\"><\/span>Eligibility For PM Fasal Bima Yojana<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>All the farmers who grow notified crops in notified areas are eligible.<\/li>\n\n\n\n<li>Both loanee farmers (who take crop loans) and non-loanee farmers can apply<\/li>\n\n\n\n<li>Tenant farmers and sharecroppers are also eligible<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"claim-settlement-process\"><span class=\"ez-toc-section\" id=\"Claim_Settlement_Process\"><\/span>Claim Settlement Process<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Crop loss is assessed using technology-based tools such as remote sensing, drones, and mobile apps<\/li>\n\n\n\n<li>Claims are transferred directly to the farmer\u2019s bank account through Direct Benefit Transfer (DBT)<\/li>\n\n\n\n<li>The aim is to ensure quick and transparent claim settlement<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"benefits-of-pm-fasal-bima-yojana\"><span class=\"ez-toc-section\" id=\"Benefits_Of_PM_Fasal_Bima_Yojana\"><\/span>Benefits Of PM Fasal Bima Yojana<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Low premium rates for farmers<\/li>\n\n\n\n<li>Comprehensive risk coverage<\/li>\n\n\n\n<li>Protection against income loss<\/li>\n\n\n\n<li>Encourages agricultural investment<\/li>\n\n\n\n<li>Promotes financial inclusion<\/li>\n\n\n\n<li>Use of modern technology for transparency<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"challenges-of-pmfby\"><span class=\"ez-toc-section\" id=\"Challenges_Of_PMFBY\"><\/span>Challenges Of PMFBY<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Despite its benefits, the scheme faces some challenges:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Delay in claim settlement in some regions<\/li>\n\n\n\n<li>Lack of awareness among farmers<\/li>\n\n\n\n<li>Dependence on timely reporting by states<\/li>\n\n\n\n<li>Issues related to crop loss assessment<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>PM Fasal Bima Yojana is a crucial step towards safeguarding farmers from agricultural risks and ensuring income stability. With proper implementation, increased awareness, and timely claim settlements, the scheme has the potential to significantly strengthen India\u2019s agricultural sector and improve farmers\u2019 livelihoods.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction Pradhan Mantri Fasal Bima Yojana (PMFBY) is a flagship crop insurance scheme launched by the Government of India to provide financial protection to farmers against crop loss or damage due to natural calamities, pests, and diseases. The scheme aims to stabilize farmers\u2019 income and encourage them to continue farming despite risks. PMFBY was launched<\/p>\n","protected":false},"author":247,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"two_page_speed":[],"_jetpack_memberships_contains_paid_content":false,"_joinchat":[],"footnotes":""},"categories":[78],"tags":[3918],"class_list":{"0":"post-16918","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-insurance-laws","7":"tag-insurance-laws"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/wp-json\/wp\/v2\/posts\/16918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/wp-json\/wp\/v2\/comments?post=16918"}],"version-history":[{"count":0,"href":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/wp-json\/wp\/v2\/posts\/16918\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/wp-json\/wp\/v2\/media?parent=16918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/wp-json\/wp\/v2\/categories?post=16918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/wp-json\/wp\/v2\/tags?post=16918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}