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Farmers paid premium of Rs 32,440 cr under PMFBY; over Rs 1.63 lakh cr worth claims cleared

Farmers paid premium of Rs 32,440 cr under PMFBY; over Rs 1.63 lakh cr worth claims cleared

All farmers growing notified crops in notified areas are eligible for coverage under the scheme voluntarily," Union Agriculture Minister Shivraj Singh Chouhan said in a written reply to the Rajya Sabha. Under the scheme, a comprehensive risk coverage for crops of farmers against all non-preventable natural risks from pre-sowing to post-harvest stages of the crops at a very reasonable premium for the farmers is being provided.

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