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Kharif 2016 season. State-wise details of the amount insured during 2016-17 (both Kharif 2016 and Rabi
2016-17) under PMFBY are given in Annexure.
(b): As per the scheme provisions, crop insurance is available to both loanee and non-loanee farmers
from all categories including sharecroppers, tenants etc. irrespective of their land holding status. In
Rajasthan during 2016-17, to benefit maximum number of farmers and to ensure judicious use of the
subsidy, the State Government capped the premium subsidy towards all eligible farmers upto a
maximum insured area of 7 hectares only for the notified crops in notified areas under the scheme.
Farmers could however, insure their crops above 7 hectares also by paying full premium. From Kharif
2017 season, the said limit has been removed.
(c) & (d): 26 States and Union Territories implemented the scheme during 2016-17. State-wise details of
loanee and non-loanee farmer applicants who availed benefit of PMFBY during 2016-17 (both Kharif
2016 and Rabi 2016-17) are annexed.
aimed at reducing agricultural distress and farmer’s welfare without having to affect hefty hikes in the
Minimum Support Prices (MSP) of agricultural products prices due to Monsoon fluctuations induced
risks The PMFBY Scheme operates on the basis of ‘Area Approach’ i.e., Defined Areas for each
KEY FEATURES
Providing financial support to farmers suffering crop loss/damage due to unforeseen events
Stabilizing the income of farmers
Encouraging farmers to adopt innovative and modern agricultural practices
Ensuring flow of credit to the agriculture sector
Three level of indemnity 70, 80 and 90
Sum Insured equivalent to scale of finance
Scheme envisages many new things such as utilizing innovative technologies like satellite
imagery, vegetation indices etc. coupled with the mandatory usage of smart phones / hand held
devices for increasing the speed and accuracy during yield estimation.
Digitization of CCEs including geo-tagging, date-time stamping and photographs
Single series data for production estimates and insurance
Access to Insurance Company for co-observance of CCEs
Written information to IC about CCE schedule by State Govt.
Usage of RST, Drone and Mobile technology to aid CCEs and yield assessment
PREMIUM RATES:
Maximum Premium payable by
Season Crops
farmer (% of Sum Insured)*
All food grain and Oilseeds crops
2.0% of SI or Actuarial rate,
Kharif (all Cereals, Millets, Pulses and
whichever is less
Oilseeds crops)
All food grain and Oilseeds crops
1.5% of SI or Actuarial rate,
Rabi (all Cereals, Millets, Pulses and
whichever is less
oilseeds)
Annual Commercial/ Annual 5% of SI or Actuarial rate,
Kharif Horticultural crops whichever is less
and Rabi Perennial horticultural crops (pilot 5% of SI or Actuarial rate,
basis) whichever is less
ELIGIBILITY
All farmers including sharecroppers and tenant farmers growing the notified crops in the notified areas
are eligible for coverage. However, farmers should have insurable interest for the notified/ insured crops.
The non-loanee farmers are required to submit necessary documentary evidence of land records
prevailing in the State (Records of Right (RoR), Land possession Certificate (LPC) etc.) and/ or
applicable contract/ agreement details/ other documents notified/ permitted by concerned State
Government (in case of sharecroppers/ tenant farmers).Compulsory Component: All farmers availing
Seasonal Agricultural Operations (SAO) loans from Financial Institutions (i.e. loanee farmers) for the
notified crop(s) would be covered compulsorily. Voluntary Component: The Scheme would be optional
for the non-loanee farmers.
COVERAGE
Crop Coverage The crops that are covered under the PMFBY scheme are mentioned as below.
Risk Coverage under RWBCIS scheme Under RWBCIS, extreme weather conditions (like excess/
deficit rainfall, high/ low temperature, continuous humidity, etc.) which may result in losses to the crops
are covered.
Total Premium
State Farmer covered Sum insured (Lac) Claim (L
(Lac)
Karnataka Rabi 2016-17 3,45,515 76,071 13,089 23,112
Jharkhand Rabi 2016-17 33,515 7,979 447 153
Maharashtra Rabi 2016-17 25,714 23,168 3,557 2707
Restructured Weather Based Crop Insurance Scheme Ambiya Bahar 2016-17 (Fruit Crop & District wise
Information)
HOW TO ENROLL
Loanee farmers (Compulsory coverage) Whenever banks sanction loan for a notified crop in a notified
area, the crop loan amount only to the extent of Scale of Finance for notified crops and acreage of
individual notified crops of loanee farmers shall be taken into consideration for compulsory coverage.
Loan disbursing bank branch/ PACS will finance the additional loan towards premium amount payable by
farmer for crop insurance.
Non-loanee farmers (Optional coverage) Farmers desirous of availing insurance shall fill up Proposal
Form of the Scheme and submit the same to nearest bank branch or CSC centre (Click here for CSC
Locator) or authorized channel partner of Shriram general insurance intermediaries. (SGI Branch
Locator) Non-Loanee farmer may submit insurance proposals personally / through ‘on-line portal’ of
concerned insurance company or crop insurance portal designed by Government for the purpose. Click
here Insurance companies retain the right to accept or reject insurance proposal(s) in case proposal is
incomplete, not accompanied by necessary documentary proof or insurance premium ordinarily.
HOW TO CLAIM
Important Conditions
• Complete premium should have been receipted before claim payment
• Loan sanctioning and premium remittance without raising crops doesn’t guarantee insurance acceptance
• Negligence/willful non-adherence by Banks lead to claim payment by the banks itself.