Pradhan Mantri Fasal Bima Yojana: Objectives, Challenges, and Impact on Indian Agriculture
Introduction The Pradhan Mantri Fasal Bima Yojana (PMFBY) is a flagship crop insurance scheme launched by the Government of India in 2016 to provide financial security to farmers against crop loss and damages. The scheme was introduced to address critical challenges such as erratic rainfall, dry spells, and natural calamities that significantly impact agricultural productivity … Read more