Pradhan Mantri Fasal Bima Yojana | Ibef India

The Indian government introduced the Pradhan Mantri Fasal Bima Yojana (PMFBY) as a crop insurance program in 2016. It offers farmers insurance protection against agricultural losses brought on by pests, illnesses, and natural disasters. The government and the farmers split the cost of the insurance premium. All of India’s primary crops are covered under the comprehensive crop insurance program known as PMFBY. Visit the India Brand Equity Foundation website for additional information.