GUWAHATI: Pradhan Mantri Fasal Bima Yojana (PMFBY) is further proposed by Assam Government to expand its coverage and enroll at least 10 lakh farmers across the state under the crop insurance scheme during the Kharif 2021 season. Moreover, the scheme is being implemented by dividing all the districts of Assam into clusters.
“PMFBY scheme covered over 25,000 farmers in Assam for Kharif season, 87,000 farmers in the 2018-19 Rabi season during the year 2018. Around four lakh farmers were brought under the PMFBY in the Kharif season and 6.50 lakh in the Rabi season-2019, and since then the enrolment figure has increased to over 8.48 lakh farmers in 2020 for Kharif and around 6.13 lakh farmers for Rabi season 2020
And after this analysis, the government further aims to expand the enrolment of farmers to 10 lakhs under PMFBY for the Kharif season 2021, which will be notified soon.
The two scheme implementing agencies are Agriculture Insurance Company of India Ltd (AIC) and the HDFC ERGO General Insurance Company Ltd.
The government has selected few crops for both Kharif and Rabi season which includes black gram, sali paddy, jute, summer paddy, potato, sugarcane, rapeseed, and mustard notified under PMFBY. And these notified crops shall be grown in the notified areas by the farmers who will get covered in this insurance.
Previously a decision was taken by the state govt for the farmer’s premium share to play a major role in the expansion of the Central sector scheme in Assam. And it allowed the farmers who will grow the notified crops up to 1 hectare of land only can get the insurance at Re 1 allowing to take the marginal farmers to take the advantage of this scheme.
This scheme will expand the concept of crop insurance covering any notified crop damages that occurred due to natural calamities, pests/diseases and will provide financial support to the farmers.