Fasal Bima Yojana

Fasal Bima Yojana is an agricultural crop insurance scheme launched by the Indian government to protect farmers from yield and income losses caused by risks like bad weather, pests, or diseases. It provides affordable premium-based coverage, ensuring farmers receive compensation if their crops are damaged. The scheme aims to promote financial stability among farmers, encourage crop diversification, and improve agricultural productivity. By reducing the financial burden of crop failures, it helps farmers recover more quickly and sustain their livelihoods, contributing to overall rural development.