<span style="color: #222222;">The Government is open to making pro-farmer changes in the Pradhan Mantri Fasal Bima Yojana, PMFBY, in response to climate crisis and rapid technological advances. According to an official release, Secretary, Agriculture of Agriculture and Farmers Welfare, Manoj Ahuja stated that major revamp measures have been taken in the scheme post-2016 to address new challenges. He highlighted that several new fundamental features were also added in 2018, such as increasing the crop loss intimation period for farmers from 48 hours to 72 hours.<br />''<br />''The Secretary stressed that in the era of rapid innovations, digitization and technology are playing a significant role in scaling up the reach and operations of the scheme with precision agriculture. The Ministry said PMFBY is currently the largest crop insurance scheme in the world in terms of farmer enrollments, averaging 5.5 crore applications every year, and the third largest in terms of the premium received.</span><br />
News On AIR | November 24, 2022 12:39 PM
Govt is open to making pro-farmer changes in PMFBY in response to climate crisis, says Agriculture Ministry