Lucknow, 28 June: To boost the safety of farmers’ crops and ensure maximum benefit of crop insurance reaches to farmers, a compensation of Rs 3074.6 crore has been deposited in the accounts of 27.59 lakh farmers in Uttar Pradesh under the Pradhan Mantri Fasal Bima Yojana (PMFBY) under the Yogi government.
PMFBY is an ambitious scheme of the Central Government that provides farmers with coverage and financial assistance in the event of crop failure due to natural disasters, pests, or diseases.
The Pradhan Mantri Fasal Bima Yojana (PMFBY) launched in 2016-17 is globally the largest crop insurance scheme in terms of farmer participation and the third largest in terms of the premium.
In this, there will be a uniform premium of only 2% to be paid by farmers for all Kharif crops and 1.5% for all Rabi crops. In case of annual commercial and horticultural crops, the premium to be paid will be only 5%. This scheme has given great relief to the farmers.
Chief Minister Yogi Adityanath has implemented this scheme of the central government at the gram panchayat level in all the districts of UP.
Chief Minister Yogi Adityanath has implemented this scheme of the Government of India at the gram panchayat level in all the districts of Uttar Pradesh. In this scheme, the farmers who are doing agriculture by taking loans are compulsorily included. Rest of the other farmers have got their insurance done voluntarily.
According to a spokesperson of the state government during the tenure of the Yogi government, a total of 281.25 lakh insured farmers have got insurance of their crops, in which a compensation of Rs 3074.60 crore has been paid to 27.59 lakh farmers. This also includes payment of crop compensation of Rs 654.85 crore to 7.02 lakh farmers in Kharif season 2021. In Rabi 2021-22, an area of ββ14.21 lakh hectares has been insured by 19.90 lakh farmers. The process of compensation for which is going on, he said.
