Pradhan Mantri Fasal Bima Yojna (PMFBY)

PMFBY was restructured by combining the Weather Based Crop Insurance Scheme (WBCIS) and modified National Agriculture Insurance Scheme (NAIS) during the year 2016-17. This scheme has been implemented since kharif crops 2016.
Under this Scheme, Premium Subsidy is provided in following manner:

  • For kharif crops is 2 per cent,
  • For rabi corps is 1.5 per cent,
  • For annual horticulture and commercial corps is 5 per cent
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