Nine Years Of Pradhan Mantri Fasal Bima Yojana:
Pradhan Mantri Fasal Bima Yojana (PMFBY), India’s flagship crop insurance scheme, has completed nine years since its launch on February 18, 2016, under the leadership of Prime Minister Narendra Modi. The initiative aims to provide comprehensive crop insurance to Indian farmers, safeguarding them against various risks like natural disasters, pests, and diseases. Over these nine years, the scheme has proven to be a vital tool for farmers, disbursing ₹1.75 lakh crore in claims to over 23.22 crore farmers.
