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Cash-strapped states pulled out of flagship PMFBY, says Centre

Centre willing to make additional pro-farmer changes in response to climate change

agriculture, farming, farmer, crop, crop insurance
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According to latest data, in kharif 2022, around 19 states have opted for PMFBY, while the number was around 22 in the kharif of 2018

Sanjeeb Mukherjee New Delhi
The Centre on Thursday said some states have pulled out of the flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) for failure to pay their share of premium subsidy owing to financial constraints. It said it was willing to make additional pro-farmer changes to the scheme in response to the climate crisis.

“After resolution of their issues, Andhra Pradesh rejoined the scheme in July. Other states are also considering joining the scheme to provide a comprehensive cover to their farmers,” Union Agriculture Secretary Manoj Ahuja said in a statement on Thursday.

He said states have opted for a compensation model instead.

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First Published: Nov 24 2022 | 8:27 PM IST

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