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30% of area sown under rabi crops gets PM insurance cover

More than 19 million hectares have come under the ambitious PMFBY during the current rabi season

Sanjeeb Mukherjee  |  New Delhi 

More than 19 million hectares have come under the ambitious Pradhan Mantri Fasal Bima Yojana (PMFBY) during the current rabi season, covering around 30 per cent of the total sown area of 64.5 million hectares.  According to preliminary estimates by insurance companies and state agencies till Friday, the total sum insured for the winter crops has jumped almost 50 per cent to Rs 68,230 crore, compared to the earlier season. Around 16.4 million farmers have been brought under the ambit of the Prime Minister’s crop insurance and weather-based crop insurance schemes as ...

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First Published: Tue, March 07 2017. 00:26 IST
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