Cabinet approves continuation of the Pradhan Mantri Fasal Bima Yojana

January 01st, 03:07 pm

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today approved continuation of the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme till 2025-26 with an overall outlay of Rs.69,515.71 Crore from 2021-22 to 2025-26. The decision will help in risk coverage of crops from non-preventable natural calamities for farmers across the country till 2025-26.