Crop Insurance Current Affairs, GK & News

YSR Free Crop Insurance Scheme

The Chief Minister of Andhra Pradesh YS Jagan mohan Reddy recently launched the YSR free Crop Insurance Scheme. Under the scheme 1,252 crores of rupees has been credited into the bank accounts of 9.48 lacs of farmers as crop insurance. Background The YSR free Crop Insurance Scheme was one of the promises made by Jagan ..

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Pradhan Mantri Fasal Bhima Yojana reviewed

On July 13, 2020, Finance Minister Nirmala Sitaraman reviewed Pradhan Mantri Fasal Bhima Yojana. Highlights The Minister reviewed the journey of Pradhan Mantri Fasal Bhima Yojana since 2016. The scheme will now on focus on leveraging technologies. The scheme is expected to migrate towards technology by 2023. A survey is to be conducted after Rabi ..

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Union Cabinet approves Revamping of PM Fasal Bima Yojana and RWBCIS schemes to address challenges

On February 19, 2020, the Union Cabinet approved revamping of challenges in insurance schemes such as Pradhan Mantri Fasal Bima Yojana (PMFBY) and Restructured Weather Based Crop Insurance Scheme (RWBCIS). Highlights The following changes are to be undertaken in the crop insurance schemes The time period for an insurance company to work under the scheme ..

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Pradhan Mantri Fasal Bima Yojana: 4th National Conference held in Udaipur

On February 17, 2020, the fourth National Conference of Pradhan Mantri Fasal Bima yojana was held in Udaipur, Rajasthan. The Conference was organized by Ministry of Agriculture and Farmers Welfare. Highlights The Conference was attended by more than 140 members. It included members from NABARD (National Bank of Agriculture and Rural Development), RBI (Reserve Bank ..

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Haryana’s Chief Minister launches Mukhyamantri Parivar Samridhi Yojana

The Chief Minister of Haryana Manohar Lal has recently launched Mukhyamantri Parivar Samridhi Yojana. Under this scheme, an annual financial assistance of Rs 6000 is to be provided to the families in the State, whose annual income is up to Rs 1.80 lakh and who own land below 5 acres. This ensures that the premiums ..

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