PMFBY

Definition : प्रधानमंत्री फसल बीमा योजना Hindi [Pradhan Mantri Fasal Bima Yojana] [Prime Minister’s Crop Insurance Scheme]
Category : Governmental » Policies & Programs
Country/Region : India India
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Initialism

What does PMFBY mean?

Prime Minister’s Crop Insurance Scheme (Hindi: प्रधानमंत्री फसल बीमा योजना, Pradhan Mantri Fasal Bima Yojana, PMFBY) is a government-sponsored crop insurance scheme which provides insurance coverage and financial support to the farmers in the event of a failure in crop yield as a result of natural calamities, pests & diseases.