PMFBY Subsidy : Government of India is running various schemes for the welfare of the farmers of the country. So that farmers do not have to face any kind of problems related to farming. One of these schemes of the government is the Pradhan Mantri Fasal Bima Yojana (PMFBY), which provides insurance cover to farmers in case of crop failure.
In this government scheme, the premium of insurance cover for Rabi crops is 1.5 percent to farmers and the government is providing subsidy of up to 50 percent under this scheme to overcome crop losses. 2% premium is being paid for kharif crops and 5% premium is being paid for horticultural crops.
PMFBY Subsidy : Let us tell you that Crop Insurance Week has started from 1st December. In such a situation, the farmers of the country can insure their Rabi crops under the Pradhan Mantri Fasal Bima Yojana. In such a situation let’s know about Pradhan Mantri Fasal Bima Yojana (PMFBY) in detail.
Insurance cover will be available on these crops under the Pradhan Mantri Fasal Bima Yojana.
PMFBY Subsidy : According to the information received, under the Pradhan Mantri Fasal Bima Yojana, farmers are being given the benefit of insurance cover in case of crop damage in various ways. For example, financial assistance is provided to farmers in the event of drought, flood, hail, cyclone, pest and disease.
PMFBY Subsidy : How to apply for PMFBY Scheme?
If you also want to avail the benefits of Pradhan Mantri Fasal Bima Yojana of Govt., then you have to first go to the official website of Pradhan Mantri Fasal Bima Yojana.
Then you have to go to the registration option on the home page.
After completing the registration, go to the option to apply as a farmer.