Crop Insurance

Crop Insurance Penetration and Frauds in India

February 16, 2016

Despite of so many schemes, today, only a fraction of farmers are covered under Crop insurance in India. Apart from that, the crop insurance schemes have divided India into two parts viz. the states with under-penetration of crop insurance due to lack of awareness, and the states...

Pradhan Mantri Fasal Bima Yojana (PMFBY)

January 15, 2016

Pradhan Mantri Fasal Bima Yojana was launched in January 2016. This scheme replaced the existing two crop insurance schemes viz. National Agricultural Insurance Scheme (NAIS) and Modified NAIS and is being implemented since Kharif season of 2016 (June 2016). Salient Features The scheme covers Kharif, Rabi, annual...

National Crop Insurance Programme

May 12, 2015

Agricultural Insurance in India is covered by “National Crop Insurance Programme” which was launched by UPA government in 2013 by merging three schemes viz. Modified National Agricultural insurance Scheme (MNAIS), Weather Based Crop insurance Scheme (WBCIS) and Coconut Palm Insurance Scheme (CPIS). These three schemes now serve...