Which state government has launched a new crop insurance scheme effective from the kharif season this year?
Answers
We know that India is one of the biggest agricultural centric countries around the globe, that's why both our regional and national governments, always launch agricultural schemes for the financial improvements of the farmers.
Similarly,our current prime minister Shri Narendra Modi initiated ,a crop insurance scheme in the state of Bihar,this financial initiative is known as the "Fasal Bima Yojana."
Bihar government has launched a new crop insurance scheme with effect from kharif season this year.
PMFBY remains a plan for loanee ranchers – ranchers who take credits from banks are obligatorily required to take protection.
The level of non-loanee ranchers profiting protection stayed under 5 percent amid kharif 2016 and 2015.
Like past yield protection plans, PMFBY neglects to cover tenant farmer and sharecroppers.