Prime Minister Crop Insurance Scheme completes 5 years, government asks farmers to take full advantage of it

Prime Minister Crop Insurance Scheme completes 5 years, government asks farmers to take full advantage of it

New Delhi: The government has asked farmers to take full advantage of the Pradhan Mantri Crop Insurance Scheme (PMFBY) launched to provide a comprehensive crop risk insurance solution at the lowest premium so that they can become self-reliant farmers. This scheme is now five years old. The scheme was implemented on 13 January 2016 as a notable initiative of the government. In this, in addition to the share of the farmer, the premium is paid equally by the states and the Government of India. The Government of India provides 90 percent of the premium assistance in the North Eastern states.

The government urged farmers to take advantage of the scheme to become self-sufficient in times of crisis and support the creation of a self-sufficient farmer. According to the government release, the average insured amount under PMFBY has been increased to Rs 40,700 which was Rs 15,100 per hectare during the pre-PMFBY schemes. The plan covers the entire cycle from pre-sowing cycle to post-harvest, including the loss from unfavorable conditions in between sowing and harvest. Local disasters caused by hazards such as floods, cloudbursts and natural fires, and post-harvest individual farming have been included in the level of damage. 

The scheme was made voluntary for all farmers, reformed in February 2020, as part of an effort to continuously improve. States have also been given flexibility to rationalize the insurance amount so that sufficient benefits can be availed by the farmers. According to the Ministry of Agriculture, the scheme receives applications from 5.5 crore farmers throughout the year. Till now, claims worth Rs 90,000 crore have been paid under the scheme. Aadhaar seeding has helped speed up claim settlement directly in the farmer's accounts. According to the government, around 70 lakh farmers benefited during the Kovid lockdown period and claims worth Rs 8741.30 crore were transferred to the beneficiaries during this period. 


Amazon Republic vs Flipkart Big Savings Day Sale: huge discounts on smartphones to other products, here's the complete list

Amazon Republic vs Flipkart Big Savings Day Sale: huge discounts on smartphones to other products, here's the complete list

E-commerce giant Amazon and Flipkart have announced this year's mega sale. From 20 January, the sale will go live on both websites, which will run till 23 January. Prime members can take part in the sale here on the same day i.e. January 19. At the same time, if you talk about the Flipkart Big Savings Day Sale, it is starting from January 20, which will run till January 24. The e-commerce platform is offering discounts on smartphones, tablets, TVs and other electronic products.

Customers can also take advantage of bank offers during the sale. There will be 10 percent discount on SBI credit card and credit EMI. If you use Bajaj Finserv EMI card, you will get no cost EMI, while customers will also get discount on Amazon Pay ICICI Credit Card, Amazon Pay Letter and Select Debit-Credit Cards. Flipkart is offering 10 percent discount on HDFC cards and EMI transmissions here.

What's cheap for you on Flipkart Big Savings

You can buy the recently launched Moto G 5G at Flipkart Big Savings Day Sale for Rs 18,999. The smartphone was launched for Rs 20,999. Moto G is said to be the cheapest 5G phone in India, which has brought Snapdragon 750G in India for the first time.

Customers can buy Samsung Galaxy F41 for Rs 13,999. You will also get a discount of 1000 rupees in the discount. The smartphone has a 6000mAh battery, it has Exynos 9611 processor, Super Amoled display and triple camera.

Customers can also buy Samsung Note 10+ here for Rs 49,999. Here you will get Motorola One Fusion for Rs 15,999 whereas for Galaxy S20 + you will have to pay Rs 44,999.

How much discount on amazon republic day sale

In the sale of Amazon, you can get huge discounts on OnePlus, Samsung, Xiaomi, LG, Bosch, HP, Lenovo, JBL, Boat, Sony, Amazon, Amazon, Nikon and other products. Although Amazon has not disclosed the complete deal on the products, but in a statement, the company has said that if it will give 40 percent discount on mobile phones and accessories, then this discount will be 50 percent on electronic.

In the list, you include iPhone 12 Mini, Samsung Galaxy M31s, Redmi Note 9 Pro, OnePlus 8 Pro 5G, Oppo A31, on which users can get a discount.


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