Lok Sabha Question No. 3891 (UNSTARRED), answered on 2021-12-21
Subject: Objectives of PMFBY
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: Kaushalendra Kumar

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE AND FARMERS WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 3891

TO BE ANSWERED ON THE 21 ST  DECEMBER, 2021

## OBJECTIVES OF PMFBY

3891. SHRI KAUSHALENDRA KUMAR:

Will the Minister of AGRICULTURE AND FARMERS WELFARE कृ िष एवं कसान कयाण मंी be pleased to state:

(a) whether the Pradhan Mantri Fasal Bima Yojana (PMFBY) has not been successful in  achieving  its  objectives  and  whether  a  few  major  States  have  implemented  an independent crop insurance scheme as per their requirements rather than implementing the said scheme;

(b)  if  so,  whether  any  task  force  has  been  constituted  by  the  Government  to  bring comprehensive reform in rules and regulations of the said scheme;

(c)  whether  the  said  task  force  proposes  to  create  a  draft  of  an  integrated  crop insurance scheme in consultation with and as per suggestions of the States;

(d)  whether farmer organizations have also registered complaints regarding financial irregularities being committed by the private companies under the said scheme; and

(e) if so, the details thereof?

## ANSWER

MINISTER OF AGRICULTURE AND FARMERS WELFARE कृ िष एवं कसान कयाण मंी (SHRI NARENDRA SINGH TOMAR)

(a) to (c) :  The Pradhan Mantri Fasal Bima Yojana (PMFBY) introduced in the country from  Kharif  2016  season    is  voluntary  for  States/UTs  as  well  as  for  farmers. States/UTs  can  participate  in  the  scheme  keeping  in  view  their  risk  perception  and financial  considerations  etc.    Since  inception  of  the  scheme  in  Kharif  2016,  27 States/Union Territories have implemented the PMFBY in one or more seasons.

From  inception  of  the  scheme  till  2020-21  cumulatively  2,938.7  lakh  farmer applications for a sum insured of Rs. 10,49,342 crore have been enrolled under the scheme.

Based on the experience gained and views of  various stakeholders including States/UTs, Government has comprehensively revised and revamped the Operational Guidelines of the Pradhan Mantri Fasal Bima Yojana (PMFBY) with effect from Rabi 2018 and Kharif 2020 respectively to ensure the targeted delivery of benefits of  the scheme to the farmers adequately and timely. Further,  a  Working  Group  with  representatives  from  Department  of  Financial Services, State Governments, insurance companies, national level organizations like Mahalanobis  National  Crop  Forecasting  Centre  (MNCFC),    Indian  Space  Research Organisation (ISRO)   has been constituted  in September, 2021 to examine 'Alternate Risk Mitigation Mechanisms' and to suggest financial and operational models keeping in view sustainable underwriting capacities and rationalized premium pricing etc. The rationalization/revisions/improvements in the crop insurance schemes is a continuous  process  and  decisions  on  suggestions/representations/recommendations of  the  group/studies  are  taken  from  time  to  time  after  consultation  with  various stakeholders. scheme provide for stratified grievance redressal mechanism, wherein of any complaint/grievance filed by any stakeholder with reference to

(d)  &  (e)  :  PMFBY  is  a  multi-stakeholder  scheme.      Operational  Guidelines  of  the States constitute Block/District/State level Grievance Redressal Committees for the redressal the implementation of the scheme.

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