agri-insurance.gov.in PMFBY Pradhan Mantri Fasal Bima Yojana : Agriculture

Organisation : Department of Agriculture
Facility : Pradhan Mantri Fasal Bima Yojana PMFBY
Applicable For : Sharecroppers and Tenant Farmers
Details : https://www.statusin.in/uploads/37977-Oprational_Guidelines.pdf
Website : http://www.agri-insurance.gov.in/

Agri Insurance Pradhan Mantri Fasal Bima Yojana

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 for the notified/ insured crops.

Related : Agri Insurance CCE Mobile App : www.statusin.in/23029.html

Scheme Objective

Pradhan Mantri Fasal Bima Yojana (PMFBY) aims at supporting sustainable production in agriculture sector by way of –
a) providing financial support to farmers suffering crop loss/damage arising out of unforeseen events
b) stabilizing the income of farmers to ensure their continuance in farming
c) encouraging farmers to adopt innovative andmodern agricultural practices

d) ensuring flowof credit to the agriculture sector; which will contribute to food security, crop diversification and enhancing growth and competitiveness of agriculture sector besides protecting farmers fromproduction risks.

Eligibility Criteria

i. The State Government would provide Notified Insurance Unit and crop wise normal area sown at the beginning of the seasonwithin 15 days.

ii. Notified Insurance Units will be eligible for “Prevented Sowing/ Planting” pay-out only if more than 75% of Crop Sown Area for notified crop remained unsown due to occurrence of any of the above perils.

iii. The provision is invoked by the State Government through notification based on the proxy Indicators.

iv. Only those farmers would be eligible for financial support under this cover who have paid the premium / the premium has been debited from their account before the notification by the state government invoking this provision forcompensation.

v. The State Government would notify crop wise and agro-climatic zone or district wise cut off dates bywhich, this provision could be invoked.

Preconditions for implementation of Scheme

1. Issuance of Notification by State Government / UT for implementation of the scheme (PMFBY) will imply their acceptance of all provisions, modalities and guidelines of the Scheme.

The main conditions relating to PMFBYwhich are binding onStates/ UTs,are as follows:
a) State has to conduct requisite number of Crop Cutting Experiments (CCEs) at the level of notified insurance unit area;
b) CCE based yield data will be submitted to insurance company within the prescribed time limit;
c) State/ UT will make necessary budgetary provision in State/ UT budget, to release premium subsidy based on fair estimates, at the beginning of the crop season;
d) State/ UT should be willing to facilitate strengthening of weather station network.
e) Adoption of innovative technology specially Smart phones/hand held devices for capturing conduct ofCCEs.

2. Department of State Government already looking after implementation of National Agriculture Insurance Scheme (NAIS)/ National Crop Insurance Programme (NCIP) may be designated as Nodal Department for implementation of PMFBY.

The State Level Coordination Committee on Crop Insurance (SLCCCI) presently overseeing implementation of NAIS and NCIP may be authorized to oversee implementation of PMFBY.

The States/UTs which have not implemented the NAIS / NCIP shall constitute SLCCCI for implementation of PMFBY on the lines similar to that of NAIS/NCIP.

The present composition of SLCCCI may be strengthened by including representatives from State Horticulture Dept., State Remote Sensing Application Centre, India Meteorological Department (IMD), Farmers’ Representatives and Empanelled Insurance Companies for implementing PMFBY. Chairman of SLCCCI shall co-opt representatives fromother departments / agencies, if considered necessary.

Sum Insured /Coverage Limit

1. Sum Insured per hectare for both loanee and non-loanee farmers will be same and equal to the Scale of Finance as decided by the District Level Technical Committee, and would be pre-declared by SLCCCI and notified. No other calculation of Scale of Finance will be applicable.

SumInsured for individual farmer is equal to the Scale of Finance per hectare multiplied by area of the notified crop proposed by the farmer for insurance. ‘Area under cultivation’ shall always be expressed in ‘hectare’.

2. Suminsured for irrigated and un-irrigated areasmay be separate