Insurance for Farmers: PMFBY (Pradhan Mantri Fasal Bima Yojana)
Summary: Scheme: Pradhan Mantri Fasal Bima Yojana (PMFBY)Launched: 2016 by Government of IndiaObjective: Provide financial support to farmers against crop failures due to natural calamities Key Highlights: Benefits: Financial protection, increased credit availability, promotes agricultural growth, and simplified claims process. Table of Contents 1. Introduction 2. Key Features of PMFBY 2.1. Coverage