Pradhan Mantri Fasal Bima Yojana

Insurance

PM crop insurance enrolment rises as weather risks mount, Bengal rejoins scheme

PMFBY covered 27.3 million farmers in the 2026 Kharif season, with West Bengal’s return and concerns over monsoon risks driving wider participation.

4 min read30 Sep 2026
Industry

El Niño, monsoon risk put India's crop insurance scheme under the lens

A developing El Niño and erratic monsoon rainfall are reviving questions over PMFBY enrolment, state participation and a reform cycle now pushed to next year.

4 min read15 Jul 2026
News

El Niño concerns: Finance ministry asks insurers to fast-track PMFBY enrolment

The finance ministry has asked insurers to strengthen operational readiness in 315 vulnerable districts.

3 min read7 Jul 2026
Opinion

Budget 2026: The exercise has increasingly become a ritual rather than a remedy

India has risen to be the world’s fourth-largest economy by GDP. Yet among roughly 200 countries, it ranks about 142nd in GDP per capita.

4 min read19 Jan 2026
Economy

Maharashtra gets highest crop insurance claims in PMFBY, Rajasthan follows

Maharashtra topped crop insurance claims under the government's flagship scheme with ₹18,920 crore for 28.3 million farmers, followed by Rajasthan and Karnataka. The data underscores the farm sector's vital role in supporting livelihoods despite industrial growth in these states.

3 min read22 Aug 2025
Industry

Mint Primer: A tech solution to crop insurance woes?

On Wednesday, the Cabinet approved the continuation of PMFBY with an outlay of ₹69,516 crore for the five years to 2025-26. For large-scale technology diffusion, it approved a fund with a corpus of ₹825 crore.

2 min read3 Jan 2025
News

Govt plans ₹30,000 cr push to expand crop cover portal

The initiative will be driven by the AIDE app, launched in July, to ensure door-to-door enrolment, making crop insurance more accessible and convenient for farmers.

2 min read22 Oct 2023
Opinion

Budget 2026: The exercise has increasingly become a ritual rather than a remedy

India has risen to be the world’s fourth-largest economy by GDP. Yet among roughly 200 countries, it ranks about 142nd in GDP per capita.

4 min read19 Jan 2026
News

Govt plans ₹30,000 cr push to expand crop cover portal

The initiative will be driven by the AIDE app, launched in July, to ensure door-to-door enrolment, making crop insurance more accessible and convenient for farmers.

2 min read22 Oct 2023