| Category | Details |
|---|---|
| Scheme Name | Pradhan Mantri Fasal Bima Yojana (PMFBY) |
| Launch Year | 2016 |
| Nodal Ministry | Ministry of Agriculture and Farmers Welfare |
| Key Expansion | From Kharif 2026, crop losses due to wild animal attacks and paddy inundation will be covered. |
| Wild Animals Covered | Elephants, wild boars, nilgai, deer, monkeys |
| New Localized Risks | Wild animal attacks (5th add-on) and paddy inundation (due to heavy rainfall, cyclonic storms, or poor drainage). |
| Affected Regions | Forest-border areas (wildlife attacks); Tamil Nadu, Andhra Pradesh, Assam, West Bengal (inundation). |
| Premium Structure | Kharif crops: 2%, Rabi crops: 1.5%, Horticultural/cash crops: 5%. Excess premium shared equally by Centre and State. |
| Claim Process | Field-level assessment and weather data. Fast-track settlement for localized risks. |
| Target Beneficiaries | Loanee and non-loanee farmers. |
| Significance | Addresses regional vulnerabilities; compensates previously excluded risks like wildlife damage and waterlogged paddy fields. |
Workflow
Login