The PM Crop Insurance Scheme has been a crucial support for farmers across India, offering them financial protection against natural calamities resulting in crop loss. The Uttar Pradesh government has recently extended the deadline to apply for this scheme to August 10, giving farmers more time to secure their crops.
Originally, it was set for July 31st, but the UP Government realised the need for greater inclusivity and extended the window. This extension is especially important to those farmers who have not yet been registered and thus are not benefiting from this essential insurance scheme.
Read the article to learn more about the Bima Fasal Yojana, ranging from its meaning and benefits to insights on the processes of application and viewing the PMFBY village list, including answers to popular questions like, ‘Can I check PMFBY status by Aadhar card?’.
Overview
The table below summarises some key details about the Bima Fasal Yojana that one should know.
| Name of the scheme | PM Crop Insurance Scheme |
|---|
| Launched by | State govt of Uttar Pradesh |
| Objective | A backup plan for farmers after suffering losses due to crop failure because of natural disasters such as floods, droughts, or pest invasions |
| Mode of application | Online and offline |
| Is there a Crop Insurance app download? | Yes, Crop Insurance (Android & iOS) |
Read More: Cabinet Approves ₹69,515 Crore Outlay to Extend Crop Insurance Schemes
Importance Of The PM Crop Insurance Scheme
The PM Crop Insurance Scheme, also known as the Farmer Insurance Scheme, serves as a fallback plan for farmers after suffering losses due to crop failure because of natural disasters such as floods, droughts, or pest invasions. This govt scheme is part of the government's bigger campaign to protect agriculture and guard against the adverse effects of unexpected climatic changes on the farming system.
One of the main objectives of the PMFBY (Pradhan Mantri Fasal Bima Yojana) is to lessen the economic burden on farmers so that they can farm without worrying about losing their crops all the time. As per its design, it provides wide-ranging insurance coverage at a very low cost, making it affordable even for small-scale farmers; therefore, this insurance policy, meant for UP’s farmers, is critical in maintaining economic stability in the region’s agricultural community. One can calculate the exact amount of premiums and returns using the PM crop insurance scheme calculator.
Last Date For PM Crop Insurance Scheme
The extension of the application deadline until 10th August allows farmers more time to apply and secure their crops under this scheme. The Uttar Pradesh government has taken this action so that no farmer can be left out from benefitting from this useful program. If you are a farmer in Uttar Pradesh and haven’t applied for PMFBY yet, then please do it now.
Read more: What is Weather Based Crop Insurance Scheme?
Benefits Of The PM Crop Insurance Scheme
There are several benefits of the agriculture insurance company PMFBY, some of which are described below in brief points for one’s reference:
The PM Crop Insurance Scheme covers a wide range of risks associated with farming. As such, farmers are indemnified against loss arising from crop damage due to natural calamities, thereby reducing their financial strain. This is very important for farmers who would otherwise suffer a lot financially because of crop failure.
The premium to be paid to the agriculture insurance company PMFBY is extremely low, based on the type of crops that one would like to insure, like 2% for Kharif crops, 1.5% for Rabi crops, and 5% for commercial and horticultural crops. The rest of the premium is borne by the state and central governments so that all farmers, large and small, can apply for this crop insurance scheme.
The government scheme provides a protective shield to the crops of the farmers, which makes them feel safe and secure because of which they allow themselves to adopt modern farming practices and cultivate a variety of crops.
The government also aims to improve the conditions of farmers in India by targeting one of their most popular concerns and the overall agriculture sector, so that both the farmers and the sector can flourish and contribute to the nation’s growth and development.
As the PMFBY is a government scheme, farmers feel confident in investing in this insurance scheme as it is reliable, credible, and affordable for all.
How To Apply For The PM Crop Insurance Scheme In UP?
For an application under this PM Crop Insurance Scheme, there isn’t much struggle involved. So long as one possesses the right documents, farmers can apply by visiting either the nearest bank branch or Lok Seva Kendra (Public Service Center).
Please note that one can also opt for the PM crop insurance scheme apply online process. Please visit the official website to start the online application process. This gives a chance to all farmers, regardless of their location and technology accessibility, to take part in this program. Applicants can also check the crop insurance status through the same portal.
The overall steps of application for both online and offline procedures are mentione below in a stepwise manner for one’s better understanding:
Step 1: Visit either the nearest bank branch or Lok Seva Kendra, or the official website of the scheme. Carry along your Aadhaar card, bank passbook, and land documents that are needed during this process.
Step 2: Fill out the application form. Ensure that everything is correctly filled out as in your documents.
Step 3: Submit all required documents. Your details will be verified by officials, and they will process your application.
Step 4: Get verification: Once you get approved, you will receive an acknowledgement indicating your enrollment under this scheme, and your name will be added to the PMFBY beneficiary list.
What Are The Documents Required For PM Crop Insurance Scheme?
To complete the PM crop insurance scheme apply online process, farmers need to provide some supporting documents. The list of those documents is as follows:
Aadhaar card: It is evidence of identity and eligibility.
Bank Account Passbook: This contains the details of the bank account where the insurance payout will be credited.
Land Records: These are documents that show ownership or leasehold rights to the plot that is under cultivation.
These documents are important in ensuring that the benefits of the scheme reach the rightful owners. The government has made it as simple as possible for more farmers to take advantage of the insurance coverage.
UP Government Extends The Last Date For The Crop Insurance Scheme
The UP government extending the last date to apply for the PM Crop Insurance Scheme was a good move. This reflects their commitment towards supporting farmers and making sure every farmer who qualifies benefits from this scheme. Farmers are being given enough time by this extension so that they can get all the required information and complete the application without rushing.
Conclusion
The extension of the application deadline for the PM Crop Insurance Scheme comes as a major relief to farmers in Uttar Pradesh. Do not miss out on this opportunity if you have not applied yet, and save your crops from natural calamities. The process is simple, but it guarantees substantial benefits such as financial protection and peace of mind.
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