The participation of marginal farmers and these belonging to the typical group has declined in the Central government’s Pradhan Mantri Fasal Bima Yojana (PMFBY) in the previous three yrs. At the same time, the selection of OBC farmers opting for PMFBY has significantly long gone up.
The data obtainable with the Ministry of Agriculture’s PMFBY internet site show that out of complete farmers in the group of marginal, modest and other farmers who opted for crop insurance coverage in the Kharif period, the selection of marginal farmers has declined from eighteen.08 for every cent in 2018 to 16.fifty five for every cent in 2020.
Tiny farmers
For Rabi period, it has long gone down from 19.eighteen for every cent to seventeen.39 for every cent for the duration of the same period of time. The selection of modest farmers comprises a big chunk of farmers opting for the insurance coverage scheme. For equally Kharif and Rabi seasons, participation of modest farmers in the scheme is over sixty for every cent. Participation of modest farmers in the scheme has long gone up for the duration of two cropping seasons.
In accordance to the Agricultural Census, marginal farmers are these who keep land underneath one hectare though modest farmers are these who have land holding between one and two hectare.
Tiny and marginal holdings (underneath two hectares) represent 86.21 for every cent of the complete landholdings. Marginal, modest and medium landholdings represent the big share of the cultivated space though large land holdings account for only nine for every cent of the complete operational space.
In the group of SC, ST, typical and OBC group the share of typical group farmers collaborating in the scheme has steadily declined from forty five for every cent in 2018 to 35.fifty for every cent in 2020 for Kharif and from fifty one.94 for every cent to 41.seventy nine for every cent for Rabi.
But the selection of OBC farmers opting for PMFBY has long gone up from 41.seventy three for every cent in 2018 to forty nine.fifteen for every cent in 2020 for Kharif and from 37.eighty four for every cent to 47.39 for every cent for Rabi period for the duration of the same period of time.
The share of SC and ST farmers has remained underneath nine for every cent for Rabi and Kharif between 2018 and 2020. Male farmers dominate the chart of the insurance coverage scheme. Not shockingly even as women toil in fields, ownership remains with men. But there is a modest ray of hope. In accordance to the tenth Agricultural Census, the share of landholders who are women has amplified from 12.seventy nine for every cent in 2010-eleven to thirteen.87 for every cent in 2015-16.
Statements compensated
The authorities launched the PMFBY in 2016 with the intention to improve chance protection of crops for farmers. Top quality charge around and over the farmer share is equally subsidised by the States and Centre. In accordance to the Ministry of Agriculture, the ordinary sum insured for every hectare has amplified from ₹15,one hundred for the duration of the pre-PMFBY Schemes to ₹40,700 beneath PMFBY. The scheme addresses around 5.5 crore farmer purposes calendar year on calendar year. To date, claims truly worth ₹90,000 crore have previously been compensated out beneath the scheme “Even for the duration of Covid-19 lockdown period of time nearly 70 lakh farmers benefited and claims truly worth ₹8,741.30 crore ended up transferred to the beneficiaries,” according to the Ministry data released in January 2021.
