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Insurance coverage for 25L farmers under PMFBY

PMFBY

Bhubaneswar: The State Government has decided to cover 25 lakh farmers and 20 lakh hectare of farmland under Pradhan Mantri Fasal Bima Yojana (PMFBY) for 2017 Kharif season.

The decision to this extent has been taken on Thurday at the meeting of state-level committee on crop insurance held under the charmanship of Chief Secretary Aditya Prasad Padhi.

While last year kharif season only five crops- paddy, groundnut, cotton, ginger and turmeric were covered under the insurane scheme, this year the government has decided to include pulse and maize crops under the PMFBY, sources said.

Padhi asked the officials to analyze data of farmers who participated in paddy procurement process this year and previous years and to include all of them under the crop scheme.

To streamline the evaluation of crop loss and compensation amount, the panel has decided to undertake two projects- science based crop insurance and development of crop insurance decision support system.

Moreover, the insurance covers loss of standing crops, sowing risks, post-harvesting damage and other risk factors. The scheme also covers crop damage caused due to natural calamities such as drought, earthquake, flood, heavy rain and vaious diseases.

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