Karnataka Bags National Award for PM Fasal Bima Yojana
Karnataka has been awarded the National Award for the implementation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the Kharif season of 2019. The award was given by the Union Agriculture Minister, Narendra Singh Tomar, in recognition of the state’s efforts to ensure maximum coverage of farmers under the PMFBY scheme.
Why this News is important
The award given to Karnataka for the successful implementation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme is an important development for the agricultural sector of India. It highlights the efforts being made by various states to ensure the financial security of farmers in the country. The PMFBY scheme was launched in 2016 and has been aimed at providing financial support to farmers in case of crop loss due to natural calamities.
Historical context
The Pradhan Mantri Fasal Bima Yojana (PMFBY) was launched in 2016 by the Government of India to provide financial support to farmers in case of crop loss due to natural calamities. The scheme replaced the earlier National Agricultural Insurance Scheme (NAIS) and Modified National Agricultural Insurance Scheme (MNAIS). The PMFBY scheme aims to provide comprehensive crop insurance coverage to farmers at an affordable premium.
Key Takeaways from “Karnataka Bags National Award for Fasal Bima Yojana”
| Serial Number | Key Takeaway |
|---|---|
| 1. | Karnataka has been awarded the National Award for the implementation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the Kharif season of 2019. |
| 2. | The award was given by the Union Agriculture Minister, Narendra Singh Tomar, in recognition of the state’s efforts to ensure maximum coverage of farmers under the PMFBY scheme. |
| 3. | The PMFBY scheme was launched in 2016 and has been aimed at providing financial support to farmers in case of crop loss due to natural calamities. |
| 4. | The scheme aims to provide comprehensive crop insurance coverage to farmers at an affordable premium. |
| 5. | The award highlights the efforts being made by various states to ensure the financial security of farmers in the country. |
Conclusion
In conclusion, the award given to Karnataka for the successful implementation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme is an important development for the agricultural sector of India. It showcases the government’s commitment to providing financial security to farmers in the country. The PMFBY scheme has been successful in providing comprehensive crop insurance coverage to farmers at an affordable premium, and its implementation has helped reduce the financial burden on farmers in case of crop loss due to natural calamities.
Important FAQs for Students from this News
Q. What is the Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme?
A. The PMFBY scheme is a crop insurance scheme launched by the Government of India to provide financial support to farmers in case of crop loss due to natural calamities.
Q. When was the PMFBY scheme launched?
A. The PMFBY scheme was launched in 2016.
Q. What is the objective of the PMFBY scheme?
A. The objective of the PMFBY scheme is to provide comprehensive crop insurance coverage to farmers at an affordable premium.
Q. Which state has been awarded the National Award for implementation of the PMFBY scheme for the Kharif season of 2019?
A. Karnataka has been awarded the National Award for the implementation of the PMFBY scheme for the Kharif season of 2019.
Q. Who gave the National Award to Karnataka for the implementation of the PMFBY scheme?
A. The Union Agriculture Minister, Narendra Singh Tomar, gave the National Award to Karnataka for the implementation of the PMFBY scheme.
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