PMFBY Current Affairs, GK & News

‘Meri Policy Mere Haath’ campaign

‘Meri Policy Mere Haath’ campaign was launched in Hassan, Karnataka. About the campaign ‘Meri Policy Mere Haath’ campaign is part of the Pradhan Mantri Fasal Bima Yojana. The campaign is aimed at motivating all farmers in the country to insure their crops. Under this program, every farmer who has taken insurance under the Pradhan Mantri ..

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Meri Policy Mere Hath Door-step Campaign

With the Pradhan Mantri Fasal Bima Yojana (PMFBY) entering the seventh year of implementation in the upcoming Kharif season, the government has announced a new doorstep crop insurance distribution policy known as ‘Meri Policy Mere Hath’. Overview: The ‘Meri Policy Mere Hath’ door-step campaign has been launched to ensure that all farmers are well informed ..

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PMFBY: Govt allocates Rs16000 crore for 2021-22

The Central government has allocated Rupees 16,000 crores for the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the upcoming fiscal year 2021-22. Key Facts This allocation was done in order to boost the safety of farmers’ crops. The amount will also ensure that maximum benefit of crop insurance reaches to the farmers. The budgetary amount has ..

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HDFC Bank launches Shaurya KGC Card

The largest private sector bank in the country, HDFC Bank, launched ‘Shaurya KGC (Kisan Gold Credit) Card, a loan product for the armed forces. This is the first-of-its-kind scheme meant for the army personnel in the country and is based on the Kisan Credit Card guidelines of the government. Details of the Shaurya KGC Card ..

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‘Mukhya Mantri Kisan Sahay Yojana’ launched in Gujarat, replacing PMFBY

The Gujarat government has launched the ‘Mukhya Mantri Kisan Sahay Yojana’ as a temporary replacement of the Pradhan Mantri Fasal Bima Yojana for a year. The main reason has been cited as the high premiums quoted by insurance firms in the state. Reason for this Decision Though the farmers are being benefitted due to the ..

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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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