Archive · 19 Nov 2025
PMFBY Expanded, PMJJBY & PMSBY Reviewed
The government has expanded the Pradhan Mantri Fasal Bima Yojana (PMFBY) to cover crop damage by wild animals and flooding.
Additionally, it is reviewing the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) to potentially increase insurance covers and make these schemes more accessible and beneficial for subscribers.
PMFBY now covers crop losses due to wild animal attacks and paddy inundation
Farmers to pay fixed premium, subsidized by government, for PMFBY
States to notify list of wild animals and vulnerable districts for PMFBY
Government may allow raising insurance cover under PMJJBY & PMSBY to ₹5 lakh
Review of PMJJBY & PMSBY aims to make schemes more user-friendly and effective
- Who
- The Centre, farmers across India, insurance subscribers
- What
- Expanded PMFBY and potential review of PMJJBY and PMSBY
- When
- PMFBY changes starting from next Kharif season, PMJJBY & PMSBY review ongoing
- Where
- India, particularly regions near forests and hilly terrains, flood-prone and coastal states, nationwide for insurance schemes
- Why
- To protect farmers from crop losses due to wild animal attacks and flooding, and to make insurance schemes more user-friendly and effective
Government's Stance
Experts' Concerns
Wild Animal Attacks Coverage (PMFBY)
Government's Stance
Recognized as the fifth add-on cover under the Localised Risk category
Experts' Concerns
Concerns about proving the exact time of damage in difficult terrains
Paddy Inundation Coverage (PMFBY)
Government's Stance
Inclusion to help farmers in flood-prone areas get claims
Experts' Concerns
Difficulty in settling claims without lodging and reluctance from insurers due to heavy claims
Increasing Insurance Cover (PMJJBY & PMSBY)
Government's Stance
Potential to make schemes more relevant and beneficial
Experts' Concerns
Raised premiums may price out the most vulnerable unless supported by subsidies or government backing
- Scheme Name (PMFBY Expansion)
- Pradhan Mantri Fasal Bima Yojana (PMFBY)
- Launch Year (PMFBY)
- 2016
- Farmers' Premium for Rabi Crops (PMFBY)
- 1.5% of sum insured
- Farmers' Premium for Kharif Crops (PMFBY)
- 2% of sum insured
- Farmers' Premium for Horticulture and Cash Crops (PMFBY)
- 5% of sum insured
- Government Subsidy (PMFBY)
- 50:50 between Centre and State
- Reporting Deadline for Crop Losses (PMFBY)
- 72 hours
- Paddy Inundation Removal Year (PMFBY)
- 2018
- Scheme Name (Reviewed)
- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY)
- Current Insurance Cover (PMJJBY & PMSBY)
- ₹2 lakh
- Proposed Insurance Cover (PMJJBY & PMSBY)
- Up to ₹5 lakh
Sources
PM Fasal Bima Yojana to cover crop damage by wild animals, paddy inundation
Big announcement under PM Fasal Bima Yojana: Crop insurance to cover losses due to wild animal attacks, paddy inundation from 2026 kharif season
