To close gaps, Centre will soon introduce revised crop insurance rules

No major change but Centre aims to 'close the gaps'; some incentives and penalties to be introduced

The Union government will published revised guidelines for the Pradhan Mantri Fasal Bima Yojana (PMFBY) in the next 10-15 days.
 

These will correct specific gaps in the existing ones, said Ashish Kumar Bhutani, additional secretary at the ministry of agriculture, to journalists on Friday. 
 

“There will not be any dramatic differences from the existing guidelines. Basically, it will provide more details on some procedures to make it more understandable, to ensure uniformity in implementation of the scheme,” he said. 

PMFBY was launched in March 2016 and around 48.5 million farmers were enrolled for the insurance cover, as of last month.