Over 22 Crore Farmers Receive Rs 1.83 Lakh Crore Compensation Under PMFBY Since 2016

Over 22 Crore Farmers Receive Rs 1.83 Lakh Crore Compensation Under PMFBY Since 2016

New Delhi: Since its launch in 2016, the Pradhan Mantri Fasal Bima Yojana (PMFBY) has insured 78.41 crore farmer applications up to June 30, 2025. During this period, around 22.67 crore farmers have received compensation amounting to Rs 1.83 lakh crore, highlighting the scheme’s wide reach and impact in supporting farmers against crop loss, informed…

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