The rural sector of India is susceptible to a multitude of hurdles, with crop loss being one of the most crippling. To address this issue, the government of India implemented the Pradhan Mantri Fasal Bima Yojana (PMFBY), a comprehensive agricultural insurance scheme. The PMFBY aims to provide financial safety net to farmers by compensating their
The Pradhan Mantri Fasal Bima Yojana: An In-Depth Look
The Pradhan Mantri Fasal Bima Yojana, commonly known as PMFBY, is a crucial initiative launched by the Indian government to safeguard farmers from the financial hardships caused by crop failures. It offers financial support to farmers in case of damage or failure to their crops due to natural calamities, pests, diseases, or other unforeseen circums