Crop Insurance Schemes: Protecting Farmers from Crop Losses
Crop insurance is a vital safety net for Indian farmers. It guards against losses from drought, floods, storms, pests, and other natural disasters. The flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) offers affordable coverage for all major crops from sowing through harvest. Under PMFBY, farmers pay only a small premium (2% of the sum insured […]
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