Distributive policy

Center to launch ‘Meri Policy Mere Hath’ campaign to provide crop insurance policies to farmers








PMFBY provides financial support to farmers who experience crop loss or damage resulting from natural calamities





The Pradhan Mantri Fasal Bima Yojana (PMFBY) has successfully entered its seventh year of implementation with the upcoming Kharif 2022 season, completing six years of its implementation since it was announced on February 18, 2016 by Prime Minister Narendra Modi in Sehore in Madhya Pradesh.












Objective of PMFBY

Flagship program of the central government, Pradhan Mantri Fasal Bima Yojana aims to provide financial support to farmers who suffer crop loss or damage resulting from natural calamities.

36 million farmers insured by the PMFB

Over 36 crore of farmer claims have been insured under the PMFBY, with over INR 1,07,059 crore of claims already paid under the scheme as of 4 February 2022.

Introduced six years ago, the program was revamped in 2020 allowing voluntary participation by farmers. It also enabled the farmer to report crop damage within 72 hours of any event occurring – via the crop insurance app, the nearest CSC center or agricultural agent, benefits claim being transferred electronically to the eligible farmer’s bank accounts.












Integration of Land Records with PMFBY’s National Crop Insurance Portal (NCIP), Crop Insurance mobile app for easy farmer registration, farmer premium disbursement through NCIP, a module A grant release module and a claims release module through NCIP are some of the main features of the scheme.

Through its state/district grievance committee, PMFBY also allows farmers to bring their grievances to the local level. This also includes recognizing and addressing farmers’ grievances through IEC activities such as Crop Insurance Week which is celebrated twice a year, PMFBY Paathshaala, social media campaigns, a toll-free hotline and email communication.

85% of registered farmers are small marginal farmers

The program was able to provide financial assistance to the most vulnerable farmers, as around 85% of farmers registered with PM fasal bima yojana are small and marginal farmers.












Launch of Meri Policy Mere Hath

Govt. will launch a door-to-door delivery campaign to provide crop insurance policies to Meri Policy Mere Hath farmers in all implementing states. The campaign aims to ensure that all farmers are well informed and have all the information about their policies, land records, complaints and grievance process under the PMFBY.

Source – BIP