PRADHAN MANTRI FASAL BIMA YOJANA (PMFBY) Rabi Conference 2017-18 PRADHAN MANTRI FASAL BIMA YOJANA (PMFBY)

PMFBY-Benefits 1 2 3 4 5 Applicable to all crops Farmer share of premium- One Season One Rate No reduction in Sum Insured due to removal of capping on premium. 3 4 Premium in excess of farmers’ share borne fully by Govt. 5 Enrolment of all loanee farmers for notified crops/area.

PMFBY-Benefits 6 Priority to non-loanee farmers through banks, PACS, CSC, Portal etc. Comprehensive risk coverage from pre-sowing to post-harvest losses : Prevented sowing : Claims upto 25% of Sum Insured On Account Payment due to mid-season adversities Localised risks like hailstorm, landslide and inundation covered . Post harvest losses in the field upto 2 weeks after harvest 7 Timelines for computation and payment of claims substantially reduced. 8

PMFBY - Status on date Coverage Details During 2016-2017 Kharif 2016 24 States and 3 UT’s participated. Coverage Details During 2016-2017 Kharif 2016 Rabi 2016-17 (Prov) Total Loanee Applications (in lakh) 299.05 139.92 438.97 Non-Loanee Applications (in lakh) 102.48 32.80 135.28 Total Farmer Applications (in lakh) 401.53 172.78 574.25 Area Insured (in lakh ha.) 385.34 195.82 581.16 Sum Insured (Rs. in crore) 134075.66 68178.58 202254.25 Gross premium (Rs. in crore) 17381.86 5524.56 22906.42 Claims Reported (Rs. in crore) 8512.66 2399.26 10911.92 Claims Paid (Rs. crore) 6760.07 1780.02 8540.09 Farmers Benefited (in lakh) 87.30 8.03 95.33

PMFBY – Impact (contd...) Benefit of add-on features to farmers Prevented sowing Claims : Tamil Nadu On Account Claims : Uttar Pradesh, Chhatishgarh, Maharashtra, Madhya Pradesh. Localised Claims : Andhra Pradesh, Chhatishgarh, Haryana, Maharashtra, Rajasthan and Uttar Pradesh. Post-harvest Claims : Andhra Pradesh, Manipur and Rajasthan.

PMFBY – Impact (contd...)

PMFBY – Technology Infusion Smart Phones Use of smart phones for capturing images/data of CCEs CCE App launched: 3,82,556 CCEs uploaded by 9 States in 2016-17 Migrate to 100% by Kharif 2017

PMFBY – Technology Infusion (Contd…) Remote Sensing Technology - Satellite data, drone etc. Satellite data used in Telangana for removal of area discrepancy. Satellite data / drones used in Gujarat for Yield data analysis Satellite data for rationalization of No. of CCEs in Odisha Satellite data used in Maharashtra & Odisha for Classification of risk/cluster.

PMFBY – Technology Infusion (Contd…) National Crop Insurance Portal launched http://agri-insurance.gov.in Integration of all stakeholders i.e. Farmers, Govt (Centre /States), Insurance Companies, Banks, Common Service Centres. Use of Common Service Centre (CSC) & payment gateway for non loanee farmers. : more than 12.5 lakh enrolled CCE Agri App Aadhar Integration : Compulsary for ISS & Crop Insurance Land Record Integration – Targeted for Kharif 2018 Rajasthan & Odisha - Ongoing

PMFBY – Challenges Focus to increase coverage of non-loanee farmers: Delay in disbursement of Premium Subsidy: Leakages in conduct of CCEs: Delay in Submission of Yield Data: Dispute in Yield Data Real time flow of information from Banks – Village/Localtion Census & Bank master data to be provided by few States, Assam Use of Smartphone/CCEs Agri App- Mandatory from Kharif 2017

PMFBY – Way Forward Target for 2017-18 – 40% of Gross Cropped Area (GCA) Increase in coverage by inclusion of more crops, areas and farmers Focused coverage of non-loanee farmers through CSC