Answer: Ministry of Agriculture and Farmers Welfare
Notes: The Union government has expanded PM Fasal Bima Yojana (PMFBY) to cover crop damage by animals, addressing a long-standing farmer demand. The scheme was launched on 18th February 2016. PMFBY is a crop insurance scheme by the Ministry of Agriculture and Farmers’ Welfare. It offers financial protection against crop loss due to natural disasters, pests, and diseases. The scheme provides affordable premiums for farmers and is implemented through insurance companies and banks. Its goals include income stabilization, modern agricultural practices, and crop diversification.
