India is the land of farmers where the maximum proportion of rural population depends on agriculture. Hon’ble Prime Minister Shri Narendra Modi unveiled the new scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) on 13th January, 2016 This scheme will help in decreasing the burden of premiums on farmers who take loans for their cultivation and ...
Read More »Unified Package Insurance Scheme (UPIS)/ Pradhan Mantri Fasal Bima Yojna (PMFBY)
General Provisions: The UPIS will be implemented in 45 selected districts on Pilot basis from Kharif 2016 season. A farmer (both Loanee and Non- Loanee) can access to Banks whereas non-loanee farmer shall be covered through banks and/or insurance intermediaries. UPIS contain total 7 Sections out of which Section 1 ...
Read More »