Pradhan Mantri Fasal Bima Yojana (PMFBY)
On 18th November 20256, the Ministry of Agriculture and Farmers Welfare announced that the Pradhan Mantri Fasal Bima Yojana (PMFBY) will now cover crop losses due to wild animal attacks and paddy inundation from the Kharif season 2026.
- In 2018, paddy inundation (damage caused by floods and heavy rainfall) was removed from the localised calamity category due to assessment challenges, but it has now been re-included.
- Launched on 18th February 2016, PMFBY is a crop insurance scheme by the Department of Agriculture, Cooperation and Farmers’ Welfare, Ministry of Agriculture.
- It aims to provide financial protection to farmers against crop ....
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