Objective of the Scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) aims for supporting sustainable production in agriculture sector by way of

a) to provide compensation to farmers suffering crop loss/damage arising out of unforeseen events

b) to stabilize the income of farmers to ensure their continuance in farming

c) to encourage farmers to adopt innovative and modern agricultural practices

d) to ensure flow of credit to the agriculture sector; which will attribute to food security, crop diversification and enhancing growth and competitiveness of agriculture sector besides protecting farmers from production risks.

Coverage of Farmers

1. All farmers including sharecroppers and tenant farmers growing the notified crops in the notified areas are eligible for coverage. However, farmers should have insurable interest on the insured crops. The non-loanee farmers are required to submit necessary documentary evidence of land records prevailing in the State (Records of Right (RoR), Land possession Certificate (LPC) etc.)and/or applicable contract/agreement details (in case of sharecroppers/tenant farmers).

2. Both PMFBY and other notified scheme can be implemented for non-loanee farmers in the area(s) notified for PMFBY. Non-loanee farmers can choose between PMFBY and other notified scheme, and also insurance companies-, where State Govt. has notified such a provision.

3. Special efforts shall be made to ensure the maximum coverage of SC/ST/Women farmers under the scheme. Budget allocation and utilization under these segments of farmers should be in proportion to SC/ST/General along with gender (Male/Women) land holding in the respective state/cluster. Panchayat Raj Institutions (PRIs) may be involved at various stages of implementation of crop insurance schemes particularly in the identification of the crops & beneficiaries, extension & awareness creation amongst farmers, obtaining feed-back of the farmers while assessing the PradhanMantriFasalBimaYojana (PMFBY) F. No 13015//02/2015-Credit-II Draft Operational Guidelines V1.1 2 payment on account of prevented sowing/ planting risk, localized perils, post-harvest losses and advance payment of claims etc.

Coverage of Crops

1) Food crops (Cereals, Millets & Pulses)

2) Oilseeds

3) Annual Commercial / Horticultural crops

Coverage of Risks & Exclusions

1. Following stages of the crop and risks leading to crop loss are covered under the scheme.

a) Prevented Sowing/Planting Risk: Insured area is prevented from sowing/ planting due to deficit rainfall or adverse seasonal conditions

b) Standing Crop (Sowing to Harvesting): Comprehensive risk insurance is provided to cover yield losses due to non- preventable risk, viz.: Drought, Dry spells, Flood, Inundation, Pests & Diseases, Landslides, Natural Fire & Lightening, Storm, Hailstorm, Cyclone, Typhoon, Tempest, Hurricane, Tornado etc.

c) Post-Harvest Losses: coverage is available only up to a maximum period of two weeks from harvesting for those crops which are allowed to dry in cut & spread condition in the field after harvesting against specific perils of cyclone & cyclonic rains and unseasonal rains.

d) Localized Calamities: Loss / damage resulting from occurrence of identified localized risks of hailstorm, landslide, and Inundation affecting isolated farms in the notified area.

2. General Exclusions: Losses arising out of war & nuclear risks, malicious damage and other preventable risks shall be excluded.

For more information, click here https://pmfby.gov.in/