Farmers Receive Rs 3,200 Crore Boost as Pradhan Mantri Fasal Bima Yojana Marks Nine Years

Farmers Receive Rs 3,200 Crore Boost as Pradhan Mantri Fasal Bima Yojana Marks Nine Years

The Central government has announced the release of a Rs 3,200 crore installment for farmers under the Pradhan Mantri Fasal Bima Yojana. With Rs 8,000 crore more to follow, delayed payments by insurance companies will incur a 12% interest penalty directly benefiting farmers, as this initiative enters its ninth year.

Centre to release Rs 3,200 crore under PM Fasal Bima Yojana for 30 lakh disaster-hit farmers

Union Minister Shivraj Singh Chouhan said a second instalment of Rs 8,000 crore will be released later, & insurers delaying payouts to farmers will pay 12% interest directly to them.

PM Fasal Bima Yojana: Rs 3,200 Cr To Be Released Today, How To Check Beneficiary List

Union Agriculture Minister Shivraj Singh Chauhan to distribute Rs 3,200 crore to 30 lakh farmers under PMFBY, compensating for damaged crops via digital transfer.

Centre disburses Rs 3,200 crore crop insurance to over 30 lakh farmers under PM Fasal Bima Yojana - tennews.in: National News Portal

Jaipur, Aug 11 (IANS) Rajasthan Chief Minister Bhajan Lal Sharma and Union Agriculture Minister Shivraj Singh Chouhan last week released Rs 3,200 crore as insurance claim amount to farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) The amount was transferred directly to the bank accounts of more than 30 lakh farmers across several states, […] The post Centre disburses Rs 3,200 crore crop insurance to over 30 lakh farmers under PM Fasal B…

Centre to Disburse Rs 3,200 Crore in Crop Insurance Claims to 30 Lakh Farmers Today Under PMFBY

Under Pradhan Mantri Fasal Bima Yojana, Centre will today transfer over Rs 3,200 crore in crop insurance claims directly to the bank accounts of more than 30 lakh farmers across India. Rajasthan and Madhya Pradesh will receive the highest payouts in this first-of-its-kind single-day DBT initiative.