MoAFW notified regarding being open to pro-farmer changes in PMFBY

Nov 24, 2022 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Ministry of Agriculture & Farmers Welfare (MoAFW) on November 24, 2022, issued a notification regarding being open to taking pro-farmer changes in Pradhan Mantri Fasal Bima Yojna (PMFBY).

The following has been stated namely: -

• Some States have opted out of the Scheme primarily due to the inability to pay their state share of premium subsidy due to financial constraints

• Weather Information and Network Data Systems (WINDS), Yield Estimation System based on Technology (YES-Tech), and Collection of Real-Time Observations and Photographs of Crops (CROPIC) are some of the key steps taken under the scheme to bring in more efficiency and transparency.

• To address farmer grievances in real time, an integrated helpline system is under beta testing in Chhattisgarh.

 

[Release ID: 1878434]

 


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