Pradhan Mantri Fasal Bima Yojana: Farmers who buy crop insurance should take advantage of this scheme

Pradhan Mantri Fasal Bima Yojana: Fasal Pradhan Mantri In Rampur, Uttar Pradesh, the Bima Yojana is under underway. Mr. Kuldeep Singh Rana, the district’s agriculture officer, said that the farmers greatly benefit from the active implementation of this program. Crop damage brought on by natural disasters such as hailstorms, landslides, waterlogging, unexpected rainfall, lightning-caused fires, and cyclones is covered under this program.

IFFCO Tokio General Insurance Company has been given the responsibility of providing insurance for the fiscal year 2024–2025. According to information provided by the agriculture officer, farmers will get the insurance money if the crop, which was left to dry in the field for 14 days after harvest, is harmed by hailstorms or unseasonable rain.

In addition, even in the event that the actual yield falls short of the threshold yield guaranteed by crop harvesting, the insurance sum is still accessible. In order for the insurance procedure to begin as quickly as possible, farmers must notify the toll-free number 14447 of crop loss within 72 hours.

Details provided on the insured amount and premium

Wheat, mustard, potatoes, and lentils are among the crops that farmers are guaranteed to grow during the Rabi season. Farmers have also been informed about the covered amount and premium under this insurance plan. For instance, the farmer must pay a premium of Rs 1,328 and the insured value for a wheat harvest is Rs 88,500 per hectare.

Benefits will be paid to those who purchase crop insurance.

By December 31, 2024, farmers will also need to insure their crops. This insurance is intended to keep farmers’ income steady and shield them from monetary loss brought on by crop damage from natural catastrophes. Farmers have been urged by the agricultural department to get crop insurance as soon as possible.