Agriculture

PM unveils guidelines for Pradhan Mantri Fasal Bima Yojana

Prime Minister Narendra Modi unveiled the operational guidelines for the newly launched Pradhan Mantri Fasal Bima Yojana at a farmers' rally in Sehore in Madhya Pradesh. National Agriculture Market will be launched on April 14, 2016.
PM unveils guidelines for Pradhan Mantri Fasal Bima Yojana

Prime Minister Narendra Modi unveiled the operational guidelines for the newly launched Pradhan Mantri Fasal Bima Yojana (PMFBY) at a farmers’ rally in Sehore in Madhya Pradesh.

Explaining the benefits of this comprehensive crop insurance scheme to the farmers, the Prime Minister said it can provide a solution for the farmers’ problems, in times of difficulty. He said that care had been taken to eliminate the shortcomings of previous crop insurance schemes, and create trust among farmers with regard to crop insurance. He said that technology would be used extensively with this scheme to ensure early settlement of claims, and exhorted farmers to take benefit of this scheme.

The Prime Minister outlined several other initiatives that have been taken by the Government for farmers’ welfare. He mentioned the steps taken to clear the pending dues of the sugarcane farmers, which had mounted to many thousands of crore rupees.

Speaking about the Digital India movement, the Prime Minister said welfare of the farmers is at the core of this initiative. He announced the launch of the digital platform – National Agriculture Market – from the April 14, 2016, on the birth anniversary of Babasaheb Ambedkar. This would enable farmers to get a better price for their produce.

The Prime Minister also mentioned other major initiatives taken in the agriculture sector, such as the soil health card scheme, Pradhan Mantri Krishi Sinchai Yojana, organic farming and ensuring adequate availability of urea. 

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