{"id":52659,"date":"2016-01-14T12:01:52","date_gmt":"2016-01-14T06:31:52","guid":{"rendered":"http:\/\/www.mapsofindia.com\/my-india\/?p=52659"},"modified":"2017-03-31T12:47:54","modified_gmt":"2017-03-31T07:17:54","slug":"pradhan-mantri-fasal-bima-yojana-highlights","status":"publish","type":"post","link":"https:\/\/www.mapsofindia.com\/my-india\/government\/pradhan-mantri-fasal-bima-yojana-highlights","title":{"rendered":"Pradhan Mantri Fasal Bima Yojana – Highlights"},"content":{"rendered":"

\"Pradhan<\/a><\/h3>\n

Background<\/strong><\/h3>\n

The one agenda that formed the highlight of BJP\u2019s election manifesto prior to its ascent to power in the Lok Sabha elections (2014) was social security. Ever since the NDA formed the government at the Centre, it has launched a number of welfare schemes that promise banking, pension, employment, and insurance to the poor people of the country. The government during the launch of the Pradhan Mantri Krishi Sinchai Yojana (a scheme meant to improve irrigation and water conservation in the country\u2019s rural regions and farms) had noted that working towards the improvement of the agricultural sector was of prime importance. Agriculture employs nearly half of the employed people in the country. The security and well being of farmers is thus of prime importance to the progress of the country. It is with this in mind that the Pradhan Mantri Fasal Bima Yojana was launched on 13 January 2016. The timing of the launch seems perfect – this new crop insurance scheme for the country’s farmers has been launched just ahead of Makar Sankranti – one of the main harvest festivals celebrated in India (also celebrated as Lohri and Pongal in some parts of the country).<\/p>\n

The Launch of the\u00a0Pradhan Mantri Fasal Bima Yojana<\/strong><\/h3>\n

The launch of this one-of-a-kind crop insurance scheme was announced by the Union Home Minister, Mr. Rajnath Singh, in the presence of the Union Minister of Parliamentary Affairs, Mr. M. Venkaiah Naidu and Union Minister of Agriculture and Farmers’ Welfare, Mr. Radha Mohan Singh. \u201cPradhan Mantri Fasal Bima Yojana will offer more insurance with less premium, and purchasing capacity of farmers will rise,” said Mr. Singh. He assured the nation that the Union Cabinet had given this \u2018historic\u2019 scheme its approval. Top BJP leaders, including party chief Mr. Amit Shah, praised the scheme and said that it was one of the most beneficial schemes (for farmers) launched by the Indian government since Independence.<\/p>\n

Highlights<\/strong>\u00a0of the<\/strong> Scheme<\/strong><\/h3>\n