The Pradhan Mantri Fasal Bima Yojana: An In-Depth Look
The Pradhan Mantri Fasal Bima Yojana, commonly known as PMFBY, is a crucial initiative launched by the Indian government to safeguard farmers from the financial losses caused by crop failures. It offers monetary support to farmers in case of damage or loss to their crops due to natural calamities, pests, diseases, or other unforeseen circumstances.