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Pradhan Mantri Fasal Bima Yojana enrolments highest in 6 years, shows data

A rise in the number of non-loanee farmers under PMFBY is an indicator of voluntary acceptance of the scheme

agriculture, farming, farmers, farm, crops, kharif, sowing

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Sanjeeb Mukherjee Nikesh Singh New Delhi

3 min read Last Updated : Sep 19 2023 | 11:50 PM IST

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After a lull, the government’s flagship crop insurance scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), seems to have picked up pace again with farmer enrolment touching a high of 25 million in the just-concluded kharif season.

Of this, almost 44.5 per cent (or 11.1 million) are farmers, who have not taken a loan. The total enrolment is the highest since 2018, data showed. In the previous kharif season, around 20.4 million farmers opted for PMFBY, of which, around 42 per cent were non-loanees. A rise in the number of non-loanee farmers under PMFBY is an indicator of voluntary acceptance of the

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