PMFBY: A Safety Net for 78.41 Crore Farmers
The Pradhan Mantri Fasal Bima Yojana (PMFBY), launched in 2016, has provided a crucial insurance cover to a staggering 78.41 crore farmer applications by June 30, 2025. This represents a significant milestone in agricultural risk management in India.
The scheme’s wide reach underscores its importance in mitigating the impact of unpredictable weather patterns and crop failures on the livelihoods of millions of Indian farmers. The sheer number of applications highlights the scheme’s popularity and acceptance amongst the farming community.
Data released on August 3, 2025, reveals the extensive coverage achieved by PMFBY. This success is a testament to the government’s commitment to safeguarding the agricultural sector.
The PMFBY’s continued success is vital for India’s food security and the economic stability of rural communities. Ensuring its effective implementation and further expansion will remain crucial for the nation’s agricultural future.
