April 26, 2024

Why in news ?

Agriculture and Farmers Welfare Minister, Narendra Singh Tomar, has launched the Crop Insurance Awareness Campaign for Fasal Bima Yojana. It was launched during Crop Insurance Week.

ABOUT:

  • Fasal Bima Yojana was launched with the aim of providing security cover to each farmer.
  • Minister also announced that, this scheme has achieved milestone of 95 thousand crore of claims paid to farmers.
  • According to minister, state governments and insurance companies played an important role in implementing this Scheme.
  • In last four years, premium of 17 thousand crore rupees was deposited by farmers, against which about 95 thousand crore rupees have been provided as claims.
  • Aim of the campaign

This campaign aims to bring stories of beneficiary farmers through videos and photo stories on social media. Stories of those farmers would be shared who have not only benefited from this scheme but helped entire farming community through their thought-leadership

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