New Delhi: Agriculture Minister Narendra Singh Tomar on Wednesday stated that claims value Rs 90,000 crore have been disbursed to farmers in final 5 years below the Pradhan Mantri Fasal Bima Yojana (PMFBY).
Briefing reporters, Narendra Singh Tomar stated, below this scheme greater than 29 crore farmers have, up to now insured their crops and about 5.5 crore new farmers are getting registered yearly.
Tomar stated, Pradhan Mantri Fasal Bima Yojana is safeguarding farmers from sudden crop loss. He stated, a crop insurance coverage cellular app can also be made out there, the place farmers can get all data associated to the scheme.
Tomar additionally confused on the necessity to increase consciousness in regards to the Pradhan Mantri Fasal Bima Yojana in order that many extra farmers can reap the benefits of the scheme.
While interacting with stake-holders throughout the nation by way of video conferencing on the event of completion of 5 years of the Pradhan Mantri Fasal Bima Yojana, Mr Tomar stated, the scheme is a milestone crop insurance coverage scheme, overlaying the complete crop cycle towards losses occurring as a consequence of non-preventable pure dangers.
The Minister stated, the scheme was absolutely operational even through the COVID-19 lockdown, distributing claims of over Rs 8,741 crore to round 70 lakh farmers throughout the nation.
The Agriculture Minister additionally congratulated the State governments, banks and insurance coverage corporations for profitable implementation of the scheme all through the nation.
He cited some notable examples of cases the place the scheme was capable of safeguard the pursuits of farmers, equivalent to disbursements of claims throughout dry spell in Andhra Pradesh, Karnataka, hailstorms in Haryana and locust assault in Rajasthan in 2019.
