Andhra Pradesh decides to join PMFBY

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Vijayawada: The state government has decided to join the ambitious Pradhan Mantri Fasal Bima Yojana (PMFBY) following talks between Union Agriculture and Farmers Welfare Minister Narendra Singh Tomar and the YS Chief Minister Jagan Mohan Reddy. With this important decision, the crops of more than 40 lakh farmers in the state will get insurance coverage in case of natural calamity.

The decision was taken during a virtual meeting between the Union Minister and the CM on Tuesday. Tomar said the central government has made PMFBY simple and convenient as suggested by states. The central government is continuously working with states to improve the condition of farmers and make them prosperous and transform agriculture into advanced agriculture, he added.

During the meeting, Jagan thanked the central government for reimplementing PMFBY in the state. He said that after discussions with the Center, the state government decided to provide farmers in the state with crop insurance coverage under the PMFBY.

Andhra Pradesh has decided to implement PMFBY from Kharif-2022 season. The central government is committed to empowering farmers across the country including Andhra Pradesh by securing their incomes and livelihoods and realizing the dream of Atma Nirbhar Bharat (self-governing India) and a farmer autonomous from Prime Minister Narendra Modi, according to a government press release. said.

Taking into account suggestions from Andhra Pradesh and other states, the central government revamped the program in February 2020 with new features, such as voluntary registration for all farmers, wider use of technology in the yield estimate, the risk coverage to be chosen for the payment of the sum insured to the States according to the option and the risk profile in force and a provision of 3% has been made for administrative costs.

On July 7, a team led by Union Agriculture Secretary Shri Manoj Ahuja also made a presentation to the Chief Minister regarding the scheme. PMFBY and Restructured Weather Based Crop Insurance Scheme (RWBCIS) have been successfully implemented in Andhra Pradesh from Kharif-2016 to Kharif-2019.

Special Chief Secretary, Andhra Pradesh, Poonam Malakondaiah, Additional Secretary and Union Agriculture Ministry, Abhilaksh Likhi also addressed the meeting on Tuesday. Program CEO and Co-Secretary Ritesh Chauhan welcomed and introduced. Senior central and state government officials were also present at the meeting.

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