Crop Insurance: Pradhan Mantri Fasal Bima Yojana (PMFBY) Details & Benefits

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Agriculture in India are frequently affected by natural calamities such as droughts, floods, cyclones, storms, landslides and earthquakes. These severely affect farmers through loss in production and farm income, and they are beyond the control of the farmers.

Crop (Agriculture) Insurance is a system of safeguarding and protecting the agriculturist against financial losses due to uncertainties that may arise agricultural losses arising from named or all unforeseen perils beyond their control.

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Agricultural insurance is highly dependent on the government support in various forms like subsidy on premium, reimbursement of administrative expenses of insurance companies, reinsurance support for risky crop lines, technical guidance and financial.

The Government of India has introduced many agricultural schemes throughout the country. Crop insurance is one such scheme to help the farmers in distress.

The new Crop Insurance Scheme Pradhan Mantri Fasal Bima Yojana is in line with One Nation – One Scheme theme. It incorporates the best features of all previous schemes and at the same time, all previous anomalies  have been eliminated.

What is Pradhan Mantri Fasal Bima Yojana?

The Pradhan Mantri Fasal Bima Yojna (PMFBY) was introduced on 14th January 2016 by Mr. Narender Modi Prime Minister of India, in a move aimed at reducing agricultural distress and farmer’s welfare without having to affect hefty hikes in the Minimum Support Prices (MSP) of agricultural products prices due to Monsoon fluctuations induced risks The PMFBY Scheme operates on the basis Defined Areas for each notified crop for widespread calamities.

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Key Objectives of the Schemes:

  • Providing financial support to farmers suffering crop loss arising out of unpredicted events
  • Sustain the income of farmers to ensure their continuance in farming
  • Motivating farmers to adopt innovative and modern agricultural practices.
  • Flow of credit to the agriculture sector which will contribute to crop diversification, food security and enhancing growth and competitiveness of agriculture sector besides protecting farmers from production risks.

Who can be covered under Pradhan Mantri Fasal Bima Yojna Scheme?

All farmers who have been sanctioned Seasonal Agricultural Operations crop loans from Financial Institutions.

The Scheme is optional for non-loanee farmers of Banks.

Coverage of Risks and Exclusions under PMFBY Scheme:

Following stages of the crop and risks leading to crop loss are covered under the PMFBY Scheme.

  1. Preventing Sowing/Planting/Germination Risk: Insured area is prevented from sowing / planting / germination due to deficit rainfall or adverse seasonal/weather conditions.
  2. Standing Crop (Sowing to Harvesting): Comprehensive risk insurance is provided to cover yield losses due to non-preventable risks, viz. Drought, Dry spell, Flood, Inundation, widespread Pests and Disease attack, Landslides, Fire due to natural causes, Lightening, Storm, Hailstorm and Cyclone also covered.
  3. Post-Harvest Losses: Coverage is available only upto a maximum period of two weeks 14 days from harvesting, for those crops which are required to be dried in cut and spread / small bundled condition in the field after harvesting against specific perils of Hailstorm, Cyclone, Cyclonic rains and Unseasonal rains.
  4. Localized Problems: Loss/damage to notified insured crops resulting from occurrence of identified localized risks of Hailstorm, Landslide, Inundation, Cloud burst and Natural fire due to lightning affecting isolated farms in the notified area.
  5. Additional add on coverage for crop loss due to attack by wild animals: The States may consider providing add- on coverage for crop loss due to attack by wild animals wherever the risk is perceived to be substantial and is identifiable.
  6. Exclusions: Losses arising out of war and nuclear risks, malicious damage and other preventable risks shall be excluded.
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If you are facing any difficulty regarding Crop Insurance you can contact us at InsuranceSamadhan.com. We have helped resolve over 12,600 customer grievance cases in the past related to all types of Insurances, ULIPs and other financial products.

To reach us at InsuranceSamadhan.com –

Call us at – 844 844 0626

Mail us at – corporate@insurancesamadhan.com

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Virendra Suri


  1. Sir i am arvind vishnu patil i have two fasal in aurangabad cotton & maize I am paid 20700 bima but my fasal is distroy i have not get the insurance, please help me

  2. विषय- बैंक icici भटु मंडी जिला फ़तेहबाद मे kcc का खाता संख्या 359351000215 से प्रधान मन्त्री फसल बीमा व अप्लिकेसन no . 040106211031414844101 से गाँव दैयाड . जिला फतेहाबाद की जगह गाँव देवा जिला हिसार का काट दिया है दैयाड . मे सभी किसानो का बीमा आ गया है पर मेरा बीमा अभी तक नही आया है और बैंक मे छेत्रिय मैनेजर प्रशांत जैन जी जिसका फोन ना . 9996312500 से बात की वो कहते ह की आप कही शिकायत करो बेशक हमारे पास कोई हल नही है गलती बैंक की है 3 महीनों से चक्र हम कट रहे है अब तक कोई हल नही निकला कृपा हमारा हल करे विक्रम सिंह 9466612508 6:11 pm //

    • हमसे संपर्क करने के लिए धन्यवाद। हमारा एक एक्जीक्यूटिव आपसे शीघ्र ही संपर्क करेगा।

  3. मी मौजे ,खल्‍याळ गव्‍हाण ता. देऊळगाव राजा जिल्‍हा बुलडाणा पि.४४३२०४ ये‍थील रहिवाशी असून माझी शेती खल्‍याळ गव्‍हाण येथील गट क्र. १०१ मधील कपाशी चे नुकसान झाले असून मी वरील तक्रार नोंदवीत आहे.

    • सरांपर्यंत पोहोचल्याबद्दल धन्यवाद.

      कृपया आमच्याशी ९५१३६३१३१२ वर संपर्क साधा

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