NEWS

Government has urged insurance companies to conduct ‘Fasal Bima Pathshalas’

FASAL BIMA PATHSHALA

• All insurance Companies implementing Pradhan Mantri Fasal Bima Yojana (PMFBY) have to organise ‘PMFBY- Fasal Bima Pathshala’ at Block/GP/village with participation of at least 100 farmers under ‘Kisan Bhagidari Prathmikta Hamari Campaign’.
• At the Pathshalas-
  • Farmers will be informed on PMFBY basic scheme provisions, importance of insuring the crops and how to avail scheme benefits
  • Enlighten farmers as to how to intimate crop losses during calamities, how to track their applications and whom to approach for grievance redressal
  • How farmers can enroll under RWBCIS (Restructured Weather Based Crop Insurance Scheme) and avail benefits
  • Contact details of district and block level functionaries and offices of implementing Insurance Companies, Toll-Free number, email, or any other mechanism developed by ICs like chatbot, separate App etc will be explained in elaborative manner.

PRADHAN MANTRI FASAL BIMA YOJANA

• Launched in February 2016
• Provide financial support to farmers suffering crop loss/damage arising out of natural calamities and was made voluntary since 2020
• Farmers have to pay a maximum 2% of premium amount for Kharif, 1.5% for Rabi food and oilseed crops and 5% for commercial/horticultural crops
• The balance of actuarial/bidded premium is shared by the Central and State Government on 50 : 50 basis and in case of North Eastern States on 90 : 10 basis from Kharif 2020.
• Been able to provide financial assistance to the most vulnerable farmers, as around 85% of the farmers enrolled with the scheme are small and marginal farmers
• Farmers have to report crop loss within 72 hours of the occurrence of any event through Crop Insurance App , CSC Centre or to the nearest agriculture officer and claim benefit will be transferred electronically into the bank accounts of the eligible farmer