PMFBY number one crop insurance scheme globally in terms of farmers enrollment: Tomar

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Launched in 2016, the PMFBY provides for comprehensive risk insurance against crop damage due to non-preventable natural risks from pre-sowing to post-harvest for the crops/areas notified by the concerned state government. "The scheme has already become the number one crop insurance scheme in the world in terms of farmer applications enrolled. In terms of gross premium, the scheme is the 3rd largest in the world," Tomar said.

from Agriculture-Economy-News-Economic Times https://ift.tt/CDUdoIc

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