National Agricultural Insurance Scheme

Agriculture Ministry demands Rs 11,000 cr more to implement PMFBY this year

The Agriculture Ministry has demanded an additional Rs 11,000 crore to settle crop insurance claims this fiscal under the Pradhan Mantri Fasal Bima Yojana.

Aug 16, 2016, 16:05 PM IST

Govt okays new crop insurance plan for farmers at low premium

Faced with two consecutive drought years, the Centre Wednesday cleared a crop insurance scheme under which farmers' premium has been kept at a maximum of 2 percent for foodgrains and oilseeds and up to 5 percent for horticulture/cotton crops.

Jan 13, 2016, 13:10 PM IST