(a): Pradhan Mantri Fasal Bima Yojana (PMFBY) has been under implementation in the country since

Kharif 2016 season. State-wise details of the amount insured during 2016-17 (both Kharif 2016 and Rabi
2016-17) under PMFBY are given in Annexure.

(b): As per the scheme provisions, crop insurance is available to both loanee and non-loanee farmers
from all categories including sharecroppers, tenants etc. irrespective of their land holding status. In
Rajasthan during 2016-17, to benefit maximum number of farmers and to ensure judicious use of the
subsidy, the State Government capped the premium subsidy towards all eligible farmers upto a
maximum insured area of 7 hectares only for the notified crops in notified areas under the scheme.
Farmers could however, insure their crops above 7 hectares also by paying full premium. From Kharif
2017 season, the said limit has been removed.

(c) & (d): 26 States and Union Territories implemented the scheme during 2016-17. State-wise details of
loanee and non-loanee farmer applicants who availed benefit of PMFBY during 2016-17 (both Kharif
2016 and Rabi 2016-17) are annexed.

PRADHAN MANTRI FASAL BIMA YOJANA (PMFBY)

The Pradhan Mantri Fasal Bima Yojna (PMFBY) was introduced on 14th January 2016, in a move

aimed at reducing agricultural distress and farmer’s welfare without having to affect hefty hikes in the

Minimum Support Prices (MSP) of agricultural products prices due to Monsoon fluctuations induced

risks The PMFBY Scheme operates on the basis of ‘Area Approach’ i.e., Defined Areas for each

notified crop for widespread calamities.

KEY FEATURES
 Providing financial support to farmers suffering crop loss/damage due to unforeseen events
 Stabilizing the income of farmers
 Encouraging farmers to adopt innovative and modern agricultural practices
 Ensuring flow of credit to the agriculture sector
 Three level of indemnity 70, 80 and 90
 Sum Insured equivalent to scale of finance
 Scheme envisages many new things such as utilizing innovative technologies like satellite
imagery, vegetation indices etc. coupled with the mandatory usage of smart phones / hand held
devices for increasing the speed and accuracy during yield estimation.
 Digitization of CCEs including geo-tagging, date-time stamping and photographs
 Single series data for production estimates and insurance
 Access to Insurance Company for co-observance of CCEs
 Written information to IC about CCE schedule by State Govt.
 Usage of RST, Drone and Mobile technology to aid CCEs and yield assessment

PREMIUM RATES:
 Maximum Premium payable by
Season Crops
farmer (% of Sum Insured)*
All food grain and Oilseeds crops
2.0% of SI or Actuarial rate,
Kharif (all Cereals, Millets, Pulses and
whichever is less
Oilseeds crops)
All food grain and Oilseeds crops
1.5% of SI or Actuarial rate,
Rabi (all Cereals, Millets, Pulses and
whichever is less
oilseeds)
Annual Commercial/ Annual 5% of SI or Actuarial rate,
Kharif Horticultural crops whichever is less
and Rabi Perennial horticultural crops (pilot 5% of SI or Actuarial rate,
basis) whichever is less

To Calculate premium, Visit https://pmfby.gov.in/ and click Insurance Premium Calculator.

DISTRICT AND CROPS COVERED:

Rabi 2016-17 Districts and Crops covered by Shriram General Insurance Under PMFBY Scheme.

ELIGIBILITY
All farmers including sharecroppers and tenant farmers growing the notified crops in the notified areas
are eligible for coverage. However, farmers should have insurable interest for the notified/ insured crops.
The non-loanee farmers are required to submit necessary documentary evidence of land records
prevailing in the State (Records of Right (RoR), Land possession Certificate (LPC) etc.) and/ or
applicable contract/ agreement details/ other documents notified/ permitted by concerned State
Government (in case of sharecroppers/ tenant farmers).Compulsory Component: All farmers availing
Seasonal Agricultural Operations (SAO) loans from Financial Institutions (i.e. loanee farmers) for the
notified crop(s) would be covered compulsorily. Voluntary Component: The Scheme would be optional
for the non-loanee farmers.

COVERAGE
Crop Coverage The crops that are covered under the PMFBY scheme are mentioned as below.

1) Food crops (Cereals, Millets and Pulses)

2) Oilseeds
3) Annual Commercial / Annual Horticultural crops.

Risk Coverage under PMFBY scheme

a) Prevented Sowing/ Planting Risk: When the Insured area is prevented from sowing/ planting due to
deficit rainfall or adverse seasonal conditions, claims up to 25% of sum insured are payable to the
farmers.
b) Standing Crop (Sowing to Harvesting) : Comprehensive risk insurance is provided to cover yield losses
due to non- preventable risks (Drought, Dry spells, Flood, Inundation, Pests and Diseases, Landslides,
Natural Fire and Lightening, Storm, Hailstorm, Cyclone, Typhoon, Tempest, Hurricane and Tornado).
c) Post-Harvest Losses: Coverage is available only up to a maximum period of two weeks from
harvesting for those crops which are allowed to dry in cut and spread, small bundled condition in the field
after harvesting against specific perils of cyclone and cyclonic rains and unseasonal rains. d) Localized
Calamities: Loss/ damage resulting from occurrence of identified localized risks of hailstorm, landslide,
Cloud burst , natural fire due to lightening and Inundation affecting isolated farms in the notified area.

Risk Coverage under RWBCIS scheme Under RWBCIS, extreme weather conditions (like excess/
deficit rainfall, high/ low temperature, continuous humidity, etc.) which may result in losses to the crops
are covered.

OUR PRESENCE AND STATICS

Total Premium
State Farmer covered Sum insured (Lac) Claim (L
(Lac)
Karnataka Rabi 2016-17 3,45,515 76,071 13,089 23,112
Jharkhand Rabi 2016-17 33,515 7,979 447 153
Maharashtra Rabi 2016-17 25,714 23,168 3,557 2707
Restructured Weather Based Crop Insurance Scheme Ambiya Bahar 2016-17 (Fruit Crop & District wise
Information)

AWARENESS ACTIVITY: RABI 2016-17

HOW TO ENROLL
Loanee farmers (Compulsory coverage) Whenever banks sanction loan for a notified crop in a notified
area, the crop loan amount only to the extent of Scale of Finance for notified crops and acreage of
individual notified crops of loanee farmers shall be taken into consideration for compulsory coverage.
Loan disbursing bank branch/ PACS will finance the additional loan towards premium amount payable by
farmer for crop insurance.

Non-loanee farmers (Optional coverage) Farmers desirous of availing insurance shall fill up Proposal
Form of the Scheme and submit the same to nearest bank branch or CSC centre (Click here for CSC
Locator) or authorized channel partner of Shriram general insurance intermediaries. (SGI Branch
Locator) Non-Loanee farmer may submit insurance proposals personally / through ‘on-line portal’ of
concerned insurance company or crop insurance portal designed by Government for the purpose. Click
here Insurance companies retain the right to accept or reject insurance proposal(s) in case proposal is
incomplete, not accompanied by necessary documentary proof or insurance premium ordinarily.

Click Here to Download Proposal Form

HOW TO CLAIM

In Wide spread Calamity

• Crops damaged over wider area due to
• Draught, Dry Spell,
• Flood, Inundation,
• Pests & Diseases,
• Landslides,
• Natural Fire & Lightening,
• Storm, Hailstorm,
• Cyclone, Typhoon, Tempest, Hurricane & Tornado
• Formula - ((Threshold Yield - Actual Yield)/Threshold Value) X Sum Insured
• Payment of claim only after premium receipt

On account Claim Payment

• Crops damaged due to floods, prolonged dry spell & severe drought
• Likely damage is more than 50% of TY
• Joint loss assessment survey by State & Insurers with 15 days
• Only 25% of likely claims to be paid on-account
• Use of proxy indicators to aid loss assessment
• On-account claims to be adjusted against Final claims
• Formula ((Threshold Yield - Actual Yield)/Threshold Value) X Sum Insured X 25% .
• Payment of claim only after premium receipt

Prevented/Failed Sowing/Planting/Germination Claims

• Invoked if more than 75% crop sown area remained unsown/unplanted for notified Major crop
• 25% of Sum Insured to be paid as claim and policy terminates
• Use of proxy indicators to aid loss assessment
• Payment of claim only after premium receipt

Post Harvested Loss Claim

• Crops in cut and spread, small bundled condition for the purpose of sun drying in the field damaged due
to
• Cyclonic Rains,
• Unseasonal Rain Fall,
• This cover is available across the country
• This could be localized event or wide spread event
• Event to be reported within 72 hours to Insurance Company by the Farmers, Banks,
Block/Tehsil/District/State administration directly or through common call centre
• Loss assessment to be completed in 10 days
• Claims = Sum Insured X %age of estimated loss
• Payment of claim only after premium receipt

Localized Calamity Claim

• Crops damaged at individual farm level due to
• Hailstorm,
• Cloud Burst, Natural Fire due to lightening
• Landslide
• Inundation
• This cover is available across the country
• This could be localized event or wide spread event
• Event to be reported within 72 hours to Insurance Company by the Farmers, Banks,
Block/Tehsil/District/State administration directly or through common call centre
• Loss assessment to be completed in 10 days
• Claims = Sum Insured X %age of estimated loss
• Payment of claim only after premium receipt

Important Conditions
• Complete premium should have been receipted before claim payment
• Loan sanctioning and premium remittance without raising crops doesn’t guarantee insurance acceptance
• Negligence/willful non-adherence by Banks lead to claim payment by the banks itself.