- Under the Pradhan Mantri Fasal Bima Yojana , the farmers of the country will be insured against crop loss.
- If the crop of a farmer gets damaged due to any natural calamity then he will be eligible for this program.
- If any human causes damage to the crop of a farmer, he will not be eligible for compensation under this system.
- Under the Pradhan Mantri Fasal Bima Yojana , farmers pay 1.5 percent for Kharif crops and 2% for Ravi crops, in which natural calamities such as drought, floods and hailstorms cause significant crop losses to the government.