{"id":30492,"date":"2025-02-18T23:13:18","date_gmt":"2025-02-18T17:43:18","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=30492"},"modified":"2025-02-18T23:13:22","modified_gmt":"2025-02-18T17:43:22","slug":"pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/","title":{"rendered":"Pradhan Mantri Fasal Bima Yojana Turns Nine: Key Achievements and Impact on Indian Farmers"},"content":{"rendered":"\n<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: #999;color:#999\" 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: #999;color:#999\" 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:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Pradhan_Mantri_Fasal_Bima_Yojana_Turns_Nine_A_Milestone_in_Agricultural_Insurance\" >Pradhan Mantri Fasal Bima Yojana Turns Nine: A Milestone in Agricultural Insurance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Key_Features_of_PMFBY\" >Key Features of PMFBY<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Impact_of_PMFBY_on_Farmers\" >Impact of PMFBY on Farmers<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Why_this_News_is_Important\" >Why this News is Important<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Significance_for_Farmers_and_the_Agricultural_Sector\" >Significance for Farmers and the Agricultural Sector<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Aligning_with_Governments_Vision_of_Atmanirbhar_Bharat\" >Aligning with Government&#8217;s Vision of Atmanirbhar Bharat<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Promoting_Financial_Inclusion_and_Risk_Mitigation\" >Promoting Financial Inclusion and Risk Mitigation<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Historical_Context\" >Historical Context<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Background_of_Crop_Insurance_in_India\" >Background of Crop Insurance in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Evolution_of_PMFBY\" >Evolution of PMFBY<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Key_Takeaways_from_Pradhan_Mantri_Fasal_Bima_Yojana_Turns_Nine\" >Key Takeaways from Pradhan Mantri Fasal Bima Yojana Turns Nine<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#What_is_the_Pradhan_Mantri_Fasal_Bima_Yojana\" >What is the Pradhan Mantri Fasal Bima Yojana?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#How_many_farmers_have_benefited_from_PMFBY\" >How many farmers have benefited from PMFBY?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#What_are_the_key_benefits_of_PMFBY\" >What are the key benefits of PMFBY?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#When_was_PMFBY_launched\" >When was PMFBY launched?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#What_kind_of_crops_are_covered_under_PMFBY\" >What kind of crops are covered under PMFBY?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edunovations.com\/currentaffairs\/scheme_and_committees\/pradhan-mantri-fasal-bima-yojana-turns-nine-key-learn-about-the-completion-of-9-years-of-the-pradhan-mantri-fasal-bima-yojana-pmfby\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pradhan_Mantri_Fasal_Bima_Yojana_Turns_Nine_A_Milestone_in_Agricultural_Insurance\"><\/span>Pradhan Mantri Fasal Bima Yojana Turns Nine: A Milestone in Agricultural Insurance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <strong>Pradhan Mantri Fasal Bima Yojana (PMFBY)<\/strong>, launched by the Government of India, has completed nine years of implementation in 2025. This flagship insurance scheme aims to provide financial support to farmers in times of crop failure due to various reasons such as natural disasters, pests, or diseases. The scheme has been a vital tool in supporting farmers and strengthening India\u2019s agricultural sector by offering them an affordable way to safeguard their livelihoods.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Features_of_PMFBY\"><\/span>Key Features of PMFBY<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The <strong>PMFBY<\/strong> was introduced on 18th February 2016 to help farmers mitigate the risk of crop loss. Under the scheme, farmers are provided with insurance coverage for their crops against unpredictable weather patterns, pests, and diseases. The scheme covers all food crops, oilseeds, and commercial crops. A notable feature is that it offers low premium rates, making it affordable for farmers across the country. Additionally, the government bears a significant portion of the premium cost, ensuring wider participation.<\/p>\n\n\n\n<p>The scheme follows an <strong>Area Approach<\/strong>, which means that the premium amount varies based on the geographic location and crop type. The farmers are provided with a <strong>uniform sum insured<\/strong> across all regions, thereby enabling more consistent financial protection for them.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Impact_of_PMFBY_on_Farmers\"><\/span>Impact of PMFBY on Farmers<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Over the past nine years, the <strong>PMFBY<\/strong> has made a significant impact on the agricultural sector. More than <strong>12 crore farmers<\/strong> have been insured under the scheme. The government has disbursed substantial payouts to support farmers during natural calamities. For instance, in the 2021-2022 period, over \u20b91,500 crore was paid to farmers as compensation for crop losses.<\/p>\n\n\n\n<p>The scheme has not only offered financial protection but has also encouraged farmers to adopt <strong>modern agricultural practices<\/strong> by removing the financial uncertainty that often hinders productivity. The increased participation from farmers indicates a positive shift towards adopting crop insurance as a risk management tool.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"PMFBY-scheme-benefits-2025\"><img decoding=\"async\" width=\"1024\" height=\"673\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/02\/PMFBY-scheme-benefits-2025.jpg\" alt=\"PMFBY scheme benefits 2025\n\" class=\"wp-image-30509\" title=\"PMFBY scheme benefits 2025\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/02\/PMFBY-scheme-benefits-2025.jpg 1024w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/02\/PMFBY-scheme-benefits-2025-300x197.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/02\/PMFBY-scheme-benefits-2025-768x505.jpg 768w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2025\/02\/PMFBY-scheme-benefits-2025-600x394.jpg 600w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">A woman farmer is seen in her paddy field taking a break from replanting paddy saplings after a monsoon downpour on the outskirts of Bhubaneswar, the capital city of the eastern Indian state of Odisha. (Photo by STR\/NurPhoto via Getty Images)<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_this_News_is_Important\"><\/span><strong> Why this News is Important<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Significance_for_Farmers_and_the_Agricultural_Sector\"><\/span>Significance for Farmers and the Agricultural Sector<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The completion of <strong>nine years of the Pradhan Mantri Fasal Bima Yojana<\/strong> marks a significant achievement in the Government of India\u2019s efforts to boost agricultural sustainability and provide economic security to farmers. Agriculture remains the backbone of India\u2019s economy, and a substantial portion of the population depends on farming for their livelihoods. However, the risks involved, such as erratic weather conditions and natural calamities, often leave farmers vulnerable to financial instability.<\/p>\n\n\n\n<p>The <strong>PMFBY<\/strong> has played a pivotal role in addressing these challenges by ensuring that farmers have a safety net to fall back on in case of crop failure. This insurance scheme has not only protected farmers but also bolstered the overall <strong>agriculture sector<\/strong>, ensuring food security for the nation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Aligning_with_Governments_Vision_of_Atmanirbhar_Bharat\"><\/span>Aligning with Government&#8217;s Vision of Atmanirbhar Bharat<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>PMFBY is aligned with the government&#8217;s vision of <strong>&#8220;Atmanirbhar Bharat&#8221;<\/strong> (Self-Reliant India), providing a robust mechanism for rural farmers to continue growing crops despite unforeseen events. It helps farmers gain confidence to invest in high-yielding crops and adopt better agricultural practices. The scheme has contributed significantly to the financial inclusion of the rural population, encouraging them to take loans for agricultural improvements.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Promoting_Financial_Inclusion_and_Risk_Mitigation\"><\/span>Promoting Financial Inclusion and Risk Mitigation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The scheme is also crucial in promoting <strong>financial inclusion<\/strong> among farmers who previously had limited access to formal financial services. It helps mitigate risks and shields the farming community from the adverse effects of natural disasters. Moreover, the success of PMFBY has attracted global attention as a model for providing crop insurance to small-scale farmers.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span><strong>Historical Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Background_of_Crop_Insurance_in_India\"><\/span>Background of Crop Insurance in India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The <strong>Pradhan Mantri Fasal Bima Yojana<\/strong> was introduced as a replacement for the existing <strong>National Agricultural Insurance Scheme (NAIS)<\/strong> and the <strong>Weather-based Crop Insurance Scheme (WBCIS)<\/strong>, both of which had several limitations in terms of reach and effectiveness. Crop insurance has always been a vital aspect of India\u2019s agricultural policy, but it gained significant attention in the 21st century as India faced more frequent natural calamities.<\/p>\n\n\n\n<p>Before the implementation of PMFBY, farmers faced significant challenges due to the lack of adequate financial support during crop loss events. The <strong>PMFBY<\/strong> was introduced as a comprehensive and user-friendly scheme to address these issues, providing more coverage, better technology integration, and higher payouts for farmers compared to previous schemes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Evolution_of_PMFBY\"><\/span>Evolution of PMFBY<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The evolution of PMFBY marks a progressive move towards more <strong>inclusive agricultural policy<\/strong> in India. The scheme has evolved over the years, with a focus on reducing premiums and enhancing accessibility to farmers. The introduction of <strong>technology-driven solutions<\/strong> like mobile applications for enrollment, claim settlement, and weather-based data collection has made the process more transparent and efficient.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_Pradhan_Mantri_Fasal_Bima_Yojana_Turns_Nine\"><\/span><strong>Key Takeaways from Pradhan Mantri Fasal Bima Yojana Turns Nine<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Serial Number<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>The PMFBY scheme has completed nine years of implementation in 2025.<\/td><\/tr><tr><td>2<\/td><td>More than 12 crore farmers have been covered under PMFBY.<\/td><\/tr><tr><td>3<\/td><td>The scheme offers affordable premium rates and substantial government support.<\/td><\/tr><tr><td>4<\/td><td>PMFBY has paid out significant compensation to farmers in case of crop failure.<\/td><\/tr><tr><td>5<\/td><td>The scheme promotes financial inclusion and risk mitigation for farmers.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">PMFBY scheme benefits 2025<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span><strong><strong>Important FAQs for Students from this News<\/strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Pradhan_Mantri_Fasal_Bima_Yojana\"><\/span><strong>What is the Pradhan Mantri Fasal Bima Yojana?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The Pradhan Mantri Fasal Bima Yojana is a crop insurance scheme introduced by the Government of India to support farmers in case of crop loss due to natural calamities, pests, or diseases.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_many_farmers_have_benefited_from_PMFBY\"><\/span><strong>How many farmers have benefited from PMFBY?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Over <strong>12 crore farmers<\/strong> have been insured under the PMFBY scheme since its launch.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_key_benefits_of_PMFBY\"><\/span><strong>What are the key benefits of PMFBY?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Affordable premium rates, financial support for crop failure, and widespread coverage across various crops are some of the key benefits.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_was_PMFBY_launched\"><\/span><strong>When was PMFBY launched?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The scheme was launched on <strong>18th February 2016<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_kind_of_crops_are_covered_under_PMFBY\"><\/span><strong>What kind of crops are covered under PMFBY?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The scheme covers <strong>food crops, oilseeds, and commercial crops<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/railway\/\" target=\"_blank\" rel=\"noreferrer noopener\">Railways Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/defence\/\" target=\"_blank\" rel=\"noreferrer noopener\">Defence Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--4\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs?newsmaticargs=custom&amp;posts=today\" target=\"_blank\" rel=\"noreferrer noopener\">Daily Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--5\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairsinhindi\/\" target=\"_blank\" rel=\"noreferrer noopener\">Current Affairs In Hindi<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--6\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/news-and-notifications\/\" target=\"_blank\" rel=\"noreferrer noopener\">News and Notifications<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.edunovations.quiz\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg\" alt=\"Download this App for Daily Current Affairs MCQ&#039;s\" class=\"wp-image-247\" title=\"\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1.jpg 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-300x50.jpg 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/03\/Banner-current-affairs-2-1-768x128.jpg 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">Download this App for Daily Current Affairs MCQ&#8217;s<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\" id=\"News-Website-Development-Company\"><a href=\"https:\/\/www.martindiainfotech.com\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" width=\"900\" height=\"150\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png\" alt=\"News Website Development Company\" class=\"wp-image-438\" title=\"News Website Development Company\" srcset=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner.png 900w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-300x50.png 300w, https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/04\/News-Website-Development-Company-Banner-768x128.png 768w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/a><figcaption class=\"wp-element-caption\">News Website Development Company<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Pradhan Mantri Fasal Bima Yojana Turns Nine: A Milestone in Agricultural Insurance The Pradhan Mantri Fasal Bima Yojana (PMFBY), launched by the Government of India, has completed nine years of implementation in 2025. This flagship insurance scheme aims to provide financial support to farmers in times of crop failure due to various reasons such as&#8230;<\/p>\n","protected":false},"author":6,"featured_media":30510,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[159,10],"tags":[2309,20199,248,2312,20198],"class_list":["post-30492","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-scheme_and_committees","category-national","tag-crop-insurance","tag-farmers-insurance","tag-government-schemes","tag-pmfby","tag-pradhan-mantri-fasal-bima-yojana"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/30492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=30492"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/30492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/30510"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=30492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=30492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=30492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}