Understanding Pradhan Mantri Fasal Bima Yojana Subsidies
A comprehensive guide on crop insurance premium subsidies available to Indian farmers for Kharif crops.
The Pradhan Mantri Fasal Bima Yojana (PMFBY) offers crop insurance to farmers against natural calamities. The premium payable by farmers is heavily subsidized by the government, capped at just 2% for Kharif crops, 1.5% for Rabi crops, and 5% for commercial/horticultural crops. The remaining premium balance is shared equally by the Central and State governments to protect farmers from financial distress due to crop failures.
Key Takeaway for Citizens
Enroll in PMFBY before the Kharif crop sowing season ends to ensure low-cost coverage.
Citizen Guidelines
Sarkar Saarthi publishes direct notices to keep you informed. Respective official sources are linked above. We are an independent service platform and not affiliated with the government.
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