Pradhan Mantri Fasal Bima Yojana Approved
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved the ‘Pradhan Mantri Fasal Bima Yojana’ - a path breaking scheme for farmers’ welfare. As per this scheme there will be a uniform premium of only 2% to be paid by farmers for all Kharif crops and 1.5% for all Rabi crops. In case of annual commercial and horticultural crops, the premium to be paid by farmers will be only 5%. The premium rates to be paid by farmers are very low and balance premium will be paid by the Government to provide full insured amount to the farmers against crop loss on account of natural calamities.
Moreover, there is no upper limit on Government subsidy. Even if balance premium is 90%, it will be borne by the Government. Mentionable that earlier, there was a provision of capping the premium rate which resulted in low claims being paid to farmers. This capping was done to limit Government outgo on the premium subsidy. This capping has now been removed and farmers will get claim against full sum insured without any reduction.
The use of technology will be encouraged to a great extent. Smart phones will be used to capture and upload data of crop cutting to reduce the delays in claim payment to farmers. Remote sensing will be used to reduce the number of crop cutting experiments.
The new Crop Insurance Scheme is in line with One Nation – One Scheme theme. It incorporates the best features of all previous schemes and at the same time, all previous shortcomings/weaknesses have been removed.
er Crop Insurance Scheme - Comparison
No
|
Feature
|
NAIS
[1999]
|
MNAIS
[2010]
|
PM Crop Insurance Scheme
|
1
|
Premium rate
|
Low
|
High
|
Lower than even NAIS
(Govt to contribute 5 times that of farmer)
|
2
|
One Season – One Premium
|
Yes
|
No
|
Yes
|
3
|
Insurance Amount cover
|
Full
|
Capped
|
Full
|
4
|
On Account Payment
|
No
|
Yes
|
Yes
|
5
|
Localised Risk coverage
|
No
|
Hail storm
Land slide
|
Hail storm
Land slide
Inundation
|
6
|
Post Harvest Losses coverage
|
No
|
Coastal areas - for cyclonic rain
|
All India – for cyclonic + unseasonal rain
|
7
|
Prevented Sowing coverage
|
No
|
Yes
|
Yes
|
8
|
Use of Technology
(for quicker settlement of claims)
|
No
|
Intended
|
Mandatory
|
9
|
Awareness
|
No
|
No
|
Yes (target to double coverage to 50%)
|
Other Contents by Author
A press conference at the Constitution Club here to release the report “People’s Tribunal on Assam: Evictions, Detentions, and the Right to Belong” was briefly disrupted on Tuesday when members of Hindu Sena and a group from Muzaffarnagar entered the venue shouting slogans. The disturbance lasted around 30 minutes before the event resumed.
Senior advocate Prashant Bhushan, one of the panelists, harshly criticized the government’s role in Assam. He accused authorities of disregarding the rule of law and facilitating forced evictions of Bengali Muslims. Bhushan asserted that the evicted lands were being transferred to corporate entities like the Adani Group and Patanjali, and warned that...
The 2025 edition of SiGMA Asia returned to the Philippines with unprecedented momentum, drawing over 13,000 delegates across the four-day summit held from 1–4 June at the SMX Convention Centre in Manila. With the region’s strategic positioning at the crossroads of gaming and emerging technologies, SiGMA Asia has cemented itself as a gateway to key Asian markets, particularly the Philippines.
More than just a conference, SiGMA Asia 2025 championed regional economic potential, future-facing innovation, and responsible growth. Attendees benefited from an extensive programme blending high-level talks, startup showcases, cultural immersion, charity work, and exclusive networking experiences...
New Delhi: Hours after Congress MP Gaurav Gogoi disclosed his visit to Pakistan along with his work, Chief Minister Himanta Biswa Sarma trained gun at Rahul Gandhi for promoting the Assam MP as the state Congress president.
“Finally, Congress MP Shri Gaurav Gogoi has admitted that he visited Pakistan. But let us be very clear — this is just the beginning, not the end. What lies ahead is far more serious. There exists every reasonable ground, supported by credible inputs and documented information, to suggest that Shri Gogoi has maintained proximity with the Pakistani establishment,” wrote Sarma on X.
He said, “The Government of Assam, committed to transparency and...
Guwahati: Setting at rest the three month long speculations in Assam politics, Congress MP Gaurav Gogoi on Wednesday admitted that he visited Pakistan in 2013 along with his wife on professional background.
Addressing a press conference in New Delhi, the deputy leader of the Oppostion in Lok Sabha made it clear that his wife, Elizabeth Colburn Gogoi, was engaged with an NGO to be stationed in Pakistan in 2011 for a year as part of her official duties.
“yes, I visited Pakistan only once, in 2013, in full compliance with the Government of India’s rules and regulations. My personal and professional life has always been transparent and aligned with the national interest,” said Gogoi....
New Delhi Correspondent: In a major setback for the Assam Government, the Supreme Court on Wednesday asked the Assam Human Rights Commission (AHRC) to conduct an independent probe into the allegations of sensational fake encounter cases in Assam.
Hearing a PIL, a bench of the top court comprising Justices Kant and N Kotiswar Singh maintained that the role of human rights commissions as protectors of civil liberties is paramount. The court was confident that the rights body would perform its duties sincerely.
" It must be ensured that victims and family members are given fair opportunity...state HRC to issue public notice inviting all those claiming to be aggrieved. Confidentiality be...
The situation in Manipur has reached a critical point with the imposition of a total curfew in Imphal following a series of violent incidents that have gripped the state. On November 16, 2024, unrest erupted as irate mobs targeted properties belonging to public representatives, including state ministers and MLAs. The violence prompted immediate action from the authorities, resulting in the arrest of 23 individuals involved in acts of arson and ransacking in Imphal East, Imphal West, and Bishnupur districts. Recovered from these individuals were a .32 pistol, seven rounds of SBBL, and eight mobile phones, indicating the severity and premeditation of the unrest.
The violence has led to...
New Delhi, November 12: Residents in Delhi have urged the administration to address the alarming pollution levels in the national capital, demanding long-term solutions as the Air Quality Index (AQI) has remained in the 'very poor' category for the second consecutive week post-Diwali.
Several areas in the city were shrouded in smog on Tuesday morning, with many residents complaining of difficulty in breathing due to the deteriorating air quality. According to data from the Central Pollution Control Board (CPCB), the AQI in Delhi was recorded at 355 as of 8 am today, categorized as 'very poor.'
As per SAFAR India, different parts of the city recorded varying AQI levels: Ashok Vihar at...
New Delhi: In a significant address at the Naga Students Union Delhi (NSUD) Diamond Jubilee Celebration Cum Nagas Meet, Sh. T.R Zeliang, Deputy Chief Minister (P&T, NH), congratulated the NSUD on its 60 years of existence and emphasized the importance of 'Rekindling the flame of Naga Unity.' The event, held at the Talkatora Indoor Stadium on Saturday, brought together Naga students from various walks of life under the theme aimed at reinforcing the cultural and historical roots of the Naga community.
Sh. Zeliang commenced his speech by expressing gratitude to Almighty God for the gathering and extended warm greetings to the attendees. Reflecting on the theme, he underscored the...
New Delhi: The Supreme Court has taken a significant step by issuing a notice in the Special Leave Petition (Crl) No. 7929/2023, directing it to the Assam Government regarding the PIL/86/2021. This petition was filed by advocate Arif Jwadder. Renowned lawyer and activist, Prashant Bhushan, represented the case in court today.
The PIL/86/2021 was originally filed in the Gauhati High Court, requesting an impartial investigation under the guidance of the high court into the alleged encounter killings occurring in Assam. However, the Gauhati High Court declined to order an independent probe into the alleged incidents of fake encounter killings involving the Assam Police. This...
New Delhi: The AAP is holding a huge rally in New Delhi on June 11 to oppose a controversial ordinance that would allegedly snatch the state government's power.
According to party posters in the nooks and corners of the capital city, the rally will take place in the Ramlila Ground where the top party leaders will seek the support of the people to keep the ordinance at bay.
AAP supremo and Delhi CM Arvind Kejriwal has been trying to unite the Opposition party to oppose the Bill in the Rajya Sabha where NDA falls short of numbers. All major opposition parties have promised support to Kejriwal while Congress is believed to have decided not to go with AAP.
Add new comment