Govt. hoping to cover 25L farmers under PM’s crop insurance scheme this year
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Govt. hoping to cover 25L farmers under PM’s crop insurance scheme this year

By Thehindu calender  08-Sep-2019

Govt. hoping to cover 25L farmers under PM’s crop insurance scheme this year

The State Agriculture Department hopes to bring 25 lakh farmers under the Prime Minister’s Crop Insurance Scheme — Pradhan Mantri Fasal Bima Yojana (PMFBY) — this year. Compared to the previous year, the targeted figure of the current year is only marginally higher. However, officials point to the general tendency of farmers to go for insurance cover only when they anticipate distress. With the Cauvery in spate and several important irrigation reservoirs in a comfortable position, the urge for the insurance cover this year may not be as high as in a year of anticipated poor monsoon. Yet, the officials feel the target is achievable.

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