WorldPhoto: LivemintPradhan Mantri Fasal Bima Yojana Offers Crop Loss Insurance
The Pradhan Mantri Fasal Bima Yojana (PMFBY) provides insurance coverage to farmers against crop losses caused by natural disasters like earthquakes, floods, hurricanes, cyclones, and droughts. The scheme aims to protect farmers' income and promote agricultural stability. The 'Meri Policy Mere Haath' campaign encourages farmers to actively manage their insurance policies under PMFBY.
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