PMFBY: A Seven-Year Harvest of Coverage for 78 Crore Farmers
The Pradhan Mantri Fasal Bima Yojana (PMFBY), launched in 2016, has provided a crucial safety net for India’s farming community. As of June 30, 2025, a staggering 78.41 crore farmer applications have been insured under the scheme.
This signifies a monumental effort to mitigate agricultural risks and protect farmers from unpredictable weather events and crop failures. The scheme’s reach underscores its importance in ensuring food security and economic stability in rural India.
The vast number of insured farmers highlights the government’s commitment to supporting the agricultural sector. However, ongoing challenges remain in ensuring efficient claim settlements and wider penetration in remote areas.
The success of PMFBY in covering such a large number of farmers is a significant achievement. Its continued effectiveness will be crucial in bolstering the resilience of Indian agriculture against climate change and other uncertainties, ensuring food security for the nation.
