Short Information: The Pradhan Mantri Fasal Bima Yojana (PMFBY) was launched in 2016. It is a scheme that provides coverage against financial losses suffered by farmers due to various unfortunate events. It covers crop failure due to localized risks, post-harvest losses, natural calamities, unseasonal rainfall, pests, crop diseases, and so on.
![](https://dshelpingforever.in/wp-content/uploads/2023/03/PMFBY-1024x512.png)