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Pradhan Mantri Fasal Bima Yojana sees 27% surge in enrollment so far in 2023-24 season
10-Mar-2024 - 0 Comments.
India's Pradhan Mantri Fasal Bima Yojana (PMFBY) crop insurance scheme is witnessing a significant rise in participation, with a 27% increase in farmer enrollment reported so far for the 2023-24 season. This follows impressive year-on-year growth of 33.4% and 41% in 2021-22 and 2022-23, respectively.
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Comprehensive insurance scheme for dairy farmers to be revived soon: Kerala minister
05-Jul-2023 - 0 Comments.
The comprehensive insurance scheme for dairy farmers, Ksheera Santhwanam, will be revived soon with the state government giving approval for it, Kerala minister for Animal Husbandry and Dairy Development Smt J Chinchurani said recently.
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mooMark becomes first private dairy to offer heat index insurance plan to farmers
04-Jun-2023 - 0 Comments.
mooMark, a leading private dairy in India, has made a significant breakthrough in the agricultural insurance sector by becoming the first company to offer a Heat Index Insurance Plan to dairy farmers.
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Milma launches insurance scheme to offset fall in milk yield in summer
18-Apr-2023 - 0 Comments.
Kerala Co-operative Milk Marketing Federation (KCMMF), known by the brand Milma, has launched a comprehensive insurance scheme that guarantees financial compensation for dairy farmers to offset the loss of income due to fall in milk yield during the summer.
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Comprehensive insurance plan for cattle on cards, says Kerala Minister
25-Mar-2023 - 0 Comments.
Implementation of a comprehensive cattle insurance scheme is under active consideration of the state government to offset the cost suffered by dairy farmers due to the incidence of various bovine diseases, Minister for Animal Husbandry and Dairy Development Mrs J Chinchurani said.
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Parametric Crop Insurance
06-Dec-2022 - 0 Comments.
The term ‘parametric crop insurance’ has been gaining popularity in the Indian farming scene over the last couple of years. Also known as ‘event-based insurance’ or ‘index-based insurance’, parametric crop insurance provides coverage against the occurrence of a specific event, mostly natural disasters.
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Absolute along with DigiSafe launches Digifasal, first-of-its-kind insurance for farmers
28-Nov-2022 - 0 Comments.
Absolute, a plant bioscience company in collaboration with DigiSafe has launched India’s first-of-its-kind Do-It-Yourself insurance marketplace – Digifasal.
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Agriculture ministry signs MoU with UNDP for strategic partnership on Agriculture, Crop Insurance and Credit
02-Jun-2022 - 0 Comments.
The Ministry of Agriculture & Farmers Welfare (MoA&FW), Government of India and the United Nations Development Programme (UNDP) have signed a Memorandum of Understanding (MoU) wherein UNDP will provide technical support towards Centre’s aspirational Pradhan Mantri Fasal Bima Yojana (PMFBY) scheme & Kisan Credit Card – Modified Interest Subvention Scheme.
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Himachal Pradesh process 1.3 cr appliction under PMFBY during 2020-21
21-Apr-2022 - 0 Comments.
As reported by the implementing insurance company in the State of Himachal Pradesh i.e. Agriculture Insurance Company of India Ltd. over 1.3 crore application has been processed under the Pradhan Mantri Fasal Bima Yojana (PMFBY During 2020-21, the insurance company also paid claims worth INR 15.72 crore for wheat crop in the State for Rabi.
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MP government takes crop insurance policies to farmers doorsteps
27-Feb-2022 - 0 Comments.
The Madhya Pradesh chief minister Shivraj Singh Chouhan launched 'Meri Policy, Mere Haath' campaign under the Pradhan Mantri Fasal Bima Yojana (PMFBY) in a village Budhi Barlai of Tehsil Sanwer in Indore.
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IFC, Zimbabwe partner to develop smallholder farmers' agriculture insurance
21-Feb-2022 - 0 Comments.
The International Finance Corporation (IFC), a member of the World Bank Group and Zimbabwe's insurance regulator, the Insurance and Pensions Commission (IPEC), announced a partnership to create a market for agricultural insurance products in Zimbabwe to protect smallholder farmers from weather-related crop damage and other shocks.
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Madhya Pradesh disburse INR 7600 cr under crop insurance to 49 lakh farmers
12-Feb-2022 - 0 Comments.
The Department of Farmer Welfare and Agriculture Development, Government of Madhya Pradesh, organized a historic event to disburse the biggest corpus of funds for crop insurance amounting to more than INR 7,600 crore via direct benefit transfer in the accounts of more than 49 lakh farmers of Madhya Pradesh.
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Samunnati unveils insurance scheme for small farmers
03-Oct-2021 - 0 Comments.
Samunnati, a specialized agri value chain enabler has launched Annadata Suraksha Abhiyaan, a tailor-made insurance initiative to financially secure annadatas from day-to-day farming risks.
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Agri minister urges Fasal Bima Yojana expansion on crop insurance week
01-Jul-2021 - 0 Comments.
Union Minister of Agriculture and Farmers Welfare Narendra Singh Tomar today launched the Crop Insurance Awareness Campaign for Fasal Bima Yojana during the Crop Insurance Week as a part of the Government’s India@75 campaign ‘Azadi ka Amrit Mahotsav’, commemorating 75 years of India’s Independence.
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Dvara E-Dairy partners with IFFCO Tokio, launches AI powered cattle digital identity for cattle insurance
29-Jun-2021 - 0 Comments.
Dvara E-Dairy Solutions Pvt Ltd, a portfolio company of Dvara Holdings (Formerly Dvara Trusteeship) has announces the launch of "Surabhi e-Tag", an artificial intelligence (AI) powered digital tag to identify cattle based on muzzle identity.
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Gramcover launches parametric insurance to protect farmers against weather vagaries
06-Feb-2021 - 0 Comments.
Solving for the century-old problem, Insurtech startup, Gramcover has introduced ‘Parametric Insurance’ to provide protection for crops against weather vagaries in conjunction with crop insurance companies.
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Bharti AXA launches crop insurance campaign Maharashtra, Karnataka
28-Jul-2020 - 0 Comments.
In order to promote crop insurance among farmers, Bharti AXA General Insurance has launched its crop insurance campaign ‘Bohot Zaroori Hai’ for farmers in Maharashtra and Karnataka to encourage them about their yield protection and financial security.
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One Nation - One Scheme to benefit farmers, urged to enroll for Pradhan Mantri Fasal Bima Yojana, PHDCCI webinar
09-Jul-2020 - 0 Comments.
The Agri-Business Committee of PHD Chamber of Commerce and Industry has organized a webinar on Webinar on Crop and extreme weather Insurance in India Challenges and the Way Forward today.
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Agriculture Insurance Company looking for Management Trainees
28-Apr-2020 - 0 Comments.
Agriculture Insurance Company of India Ltd., New Delhi is inviting application for Management Trainees, specializing in Remote Sensing and GIS with experience in working with software such as ArcGIS, ERDAS, SARSCAPE etc
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Govt sanctions INR 17,800 Cr loans, clears INR 2424 Cr under PMFBY insurance claim
16-Apr-2020 - 0 Comments.
Under the Kisan Credit Card (KCC) 18.26 lakh applications have been sanctioned for loans worth INR 17,800 cr and INR 2424 crores have been disbursed to the beneficiary farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY)
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Over 36 MN farmers covered under PM crop insurance scheme
08-Dec-2016 - 0 Comments.
With the launch in kharif 2016 season, India's Pradhan Mantri Fasal Bima Yojana (PMFBY) has made good progress, as it has covered over 26.50 per cent or 36.66 million farmers.
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India allocates $808 million for crop insurance scheme
19-Nov-2016 - 0 Comments.
India has made a budgetary allocations on $808 million (Rs 5501.15 crore) for implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY) during 2016-17
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Maharashtra launches livestock insurance scheme fortnight
04-Aug-2016 - 0 Comments.
With launching livestock insurance scheme, Maharashtra has implemented National Livestock Scheme from August 1-15, 2016.
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Indian Agri ministry extend cut-off date for submission of insurance proposals till August 10
03-Aug-2016 - 0 Comments.
With request from many states seeking more time to study Pradhan Mantri Fasal Bima Yojana (PMFBY), Indian ministry of Agriculture and Farmers Welfare have extended the cut-off date for the scheme.
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Indian Agri ministry extend cut-off date for submission of insurance proposals till August 10
03-Aug-2016 - 0 Comments.
With request from many states seeking more time to study Pradhan Mantri Fasal Bima Yojana (PMFBY), Indian ministry of Agriculture and Farmers Welfare have extended the cut-off date for the scheme.
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Haryana launches cattle insurance scheme
31-Jul-2016 - 0 Comments.
Haryana state has recently launched cattle insurance scheme (Pashudhan Bima Yojana) in the state that will benefit cattle breeders across the state.
