Pradhan Mantri Fasal Bima Yojana (PMFBY) Marks 8 Years of Resounding Success: Enrolls 56.80 Crore Farmers
New Delhi: The Pradhan Mantri Fasal Bima Yojana (PMFBY), launched in 2016, has achieved significant milestones in its eight years of implementation. As of now, 56.80 crore farmer applications have been enrolled in the program, with over 23.22 crore farmers receiving claims totaling more than Rs. 1,55,977 crore. The scheme has played a pivotal role in providing financial stability to farmers facing crop loss or damage due to unforeseen events.
