Ministry of Agriculture & Farmers Welfare decides to extend cut-off date for crop insurance during Rabi 2016-17 under PMFBY up to 10 January 2017
Capital MarketThe Ministry of Agriculture & Farmers Welfare keeping in view the difficulties faced by the farmers in obtaining crop insurance during Rabi 2016-17 under Pradhan Mantri Fasal Bima Yojana (PMFBY) due to demonetization of old currency notes, the Ministry of Agriculture & Farmers Welfare to protect the interest of farmers, has decided to extend the cut-off date up to 10th January, 2017 for enrolment of non loanee farmers/debit of premium from eligible crop loan account/Kisan Credit Card of loanee farmers under PMFBY. Now the farmers who could not insure their crops due to demonetization can get their crops insured till 10th January, 2017.
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