Pradhan Mantri Fasal Bima Yojana (PMFBY) is the third-largest crop insurance scheme in the World. Thus, it is tipped to become number one in the coming years as around 5 crore farmer applications are being received under the scheme every year. Similarly, the acceptability of the scheme has increased amongst the farmers in the last 6 years, with a share of non-loanee farmers, marginalized farmers, and small farmers increasing by 282% since the initiation of the scheme in 2016.
PMFBY Scheme 2022
The PMFBY provides comprehensive insurance coverage in case of crop failure. The scheme covers all food and oilseed crops and annual commercial/horticultural crops for which past yield data are available and for which the required number of Crop Cutting Experiments (CCEs) are being conducted under the General Crop Estimation Survey (GCES).
The scheme is implemented by listed general insurance companies. The Implementing Agency (IA) is selected by the concerned State Government through bidding. The scheme is mandatory for loanee farmers having crop loan/KCC account for notified crops and voluntary for others. The scheme is being administered by the Ministry of Agriculture.
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PMFBY portal
www.pmfby.gov.in is the official web portal of Pradhan Mantri Fasal Bima Yojana (PMFBY). This website belongs to the Department of Agriculture and Farmers Welfare, Ministry of Agriculture and Farmers Welfare, Government of India.
Objective of PMFBY
The objective of Pradhan Mantri Fasal Bima Yojana (PMFBY) is to support sustainable production in the agricultural sector by a) providing financial assistance to farmers suffering from crop losses/losses due to unforeseen events b) stabilizing farmers’ income so that they continue farming. c) Encouraging farmers to adopt innovative and modern agricultural practices d) Ensuring credit to the agricultural sector; which will contribute to food security, and crop diversification and increase the growth and competitiveness of the agricultural sector in addition to protecting farmers from production hazards.
Companies providing Crop Insurance 2022
- Agriculture Insurance Company
- Cholamandalam MS General Insurance Company
- Reliance General Insurance Co. Ltd.
- Bajaj Allianz
- Future Generali India Insurance Co. Ltd.
- HDFC ERGO General Insurance Co. Ltd.
- IFFCO Tokio General Insurance Co. Ltd.
- Universal Sompo General Insurance Company
- ICICI Lombard General Insurance Co. Ltd.
- Tata AIG General Insurance Co. Ltd.
- SBI General Insurance
- United India Insurance Co.
PMFBY beneficiary list 2022
Pradhan Mantri Fasal Bima Yojana PMFBY Yojana aims to support sustainable production in the agricultural sector by providing financial assistance to farmers affected by crop loss or unforeseen events and by stabilizing the income of farmers to sustain their farming. The list of PMFBY beneficiaries is available on the official website of Pradhan Mantri Fasal Bima Yojana.
There are the following steps to check the PMFBY beneficiary list and application Status and apply for crop insurance.
Time needed: 10 minutes
How to see the beneficiary Status?
- Visit the Pradhan Mantri Fasal Bima Yojana website https://pmfby.gov.in
- Click on “Farmer Corner”
- Login with your mobile number
if you don’t have an account then click on “Guest Farmer” for the application and complete the application process.
- Click on Application Status and enter the receipt number, and captcha code, and click on the “Check Status” button.
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PMFBY Launch Date
Pradhan Mantri Fasal Bima Yojana was launched on 18 February 2016 by Prime Minister Shri Narendra Modi. Thus, 21 States implemented the scheme in Kharif in 2016 while 23 States and 2 Union Territories implemented the scheme in Rabi 2016-17.
As per the data available as of 31.03.2017, approximately 3.7 crore farmers have insured for 3.7 crore hectares of land in Kharif 2016 at a premium of Rs.16212 crore at a premium of Rs. 128568.94 crores has been insured.
In the last 6 years, Rs 25,186 crore has been paid by farmers as premium, of which Rs. 1,25,662 crore has been paid to farmers against their claims till October 31, 2022, with the central and state governments bearing most of the premium under the scheme.
While the implementing states were proceeding with the enrollment of farmers under Rabi 22-23, a factually incorrect report (as found in the case under review) was published in some sections of the media that insurance claims were being paid to farmers in some districts of Maharashtra.
PMFBY toll-free number
Below is the list of toll-free numbers for reporting Crop Loss
| Insurance Company Name | Toll-Free Number | Headquater Email | Headquater Address |
| AGRICULTURE INSURANCE COMPANY | 1800116515 | fasalbima@aicofindia.com | Office Block-1, 5th Floor, Plate-B & C, East Kidwai Nagar, Ring Road, New Delhi-110023 |
| BAJAJ ALLIANZ GENERAL INSURANCE CO. LTD | 18002095959 | bagichelp@bajajallianz.co.in | Bajaj Allianz House, Airport Road, Yerawada, Pune 411 006 |
| BHARTI AXA GENERAL INSURANCE COMPANY LTD. | 18001037712 | customer.service@bharti-axagi.co.in | 7th floor, Merchantile House, K.G.Marg, New Delhi – 110 001. |
| CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED | 18002005544 | customercare@cholams.murugappa.com | 2nd Floor, “Dare House”, No.2, NSC Bose Road,Chennai – 600001, India. Phone: 044-3044 5400 |
| FUTURE GENERALI INDIA INSURANCE CO. LTD. | 18002664141 | fgcare@futuregenerali.in | Indiabulls Finance Centre, 6th Floor, Tower 3, Senapati Bapat Marg, Elphinstone West, Mumbai, Maharashtra 400013 |
| HDFC ERGO GENERAL INSURANCE CO. LTD. | 18002660700 | pmfbycell@hdfcergo.com | D-301, 3rd Floor, Eastern Business District (Magnet Mall), LBS Marg, Bhandup (West). MUMBAI – 400078 State : Maharastra , City : MUMBAI, Pin Code : 400078 |
| ICICI LOMBARD GENERAL INSURANCE CO. LTD. | 18002669725 | customersupport@icicilombard.com | ICICI Lombard House414, P.Balu Marg,Off Veer Sawarkar Marg,near Siddhivinayak Temple, Prabhadevi,Mumbai-400025. |
| IFFCO TOKIO GENERAL INSURANCE CO. LTD. | 18001035490 | supportagri@iffcotokio.co.in | IFFCO Tower ,Plot No. 3 , Sector 29 , Gurgaon -122001,Haryana(India) |
| NATIONAL INSURANCE COMPANY LIMITED | 18003450330 | customer.relations@nic.co.in | National Insurance Co. Ltd.3 , Middleton Street , Kolkata -700071,West Bengal |
| NEW INDIA ASSURANCE COMPANY | 18002091415 | customercare.ho@newindia.co.in | 87, MG Road, Fort, Mumbai – 400001 |
| ORIENTAL INSURANCE | 1800118485 | crop.grievance@orientalinsurance.co.in | The Oriental Insurance Company Ltd.Crop Cell, Head Office, New Delhi |
| RELIANCE GENERAL INSURANCE CO. LTD. | 1800 102 4088 (For Rest of India) / 1800 180 2117 (For Haryana Only) | rgicl.pmfby@relianceada.com | Reliance General Insurance Company Limited, 6th Floor, Oberoi Commerz, International Business Park, Oberoi Garden City, Off. Western Express Highway, Goregaon (E), Mumbai- 400063. |
| ROYAL SUNDARAM GENERAL INSURANCE CO. LIMITED | 18005689999 | crop.services@royalsundaram.in | Vishranthi Melaram Towers, No. 2/319, Rajiv Gandhi Salai (OMR), Karapakkam, Chennai – 600097 |
| SBI GENERAL INSURANCE | 1800 22 1111 1800 102 1111 | customer.care@sbigeneral.in | 9th Floor, A&B wing, Fulcrum Building, Sahar Road, Andheri East, Mumbai -400099 |
| SHRIRAM GENERAL INSURANCE CO. LTD. | 180030030000/18001033009 | chd@shriramgi.com | E-8, Epip, Riico Industrial Area, Sitapur Jaipur (Rajasthan) 302022 |
| TATA AIG GENERAL INSURANCE CO. LTD. | 18002093536 | customersupport@tataaig.com | Peninsula Business Park, Tower-A, 15th Floor, Ganpat Rao Kadam Marg, Lower Parel, Mumbai, Maharashtra-400013, India. |
| UNITED INDIA INSURANCE CO. | 180042533333 | customercare@uiic.co.in | Customer care department, no.24, whites road, Chennai-600014 |
| UNIVERSAL SOMPO GENERAL INSURANCE COMPANY | 18002005142 | contactus@universalsompo.com | 103, First Floor, Ackruti Star, MIDC Central Road, Andheri (East), Mumbai-400093 |
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Latest News on PMFBY Scheme
In Parbani district, applications of 6.66 lakh farmers have been received, out of which farmers have paid insurance premiums of Rs. 48.11 crores, out of which claims of Rs. 113 crores have been paid to date. However, farmers who claim Rs. 1000/-, shall have at the time of final settlement a minimum of Rs. 1000/- will be paid with the condition that any claim arising shall be paid to the individual farmer.
The Government of Maharashtra stated that out of 79.53 lakh applications, in Kharif-22, in the State about 283 applications have a sum insured below Rs.100/- and 21,603 applications have a sum insured below Rs.1000/-. However, few farmers have multiple applications and, in some cases, the total claim is low because their area insured is very low. To resolve this problem, the Government of Maharashtra has provisioned that minimum of Rs.1000/- claim shall be paid against any unique farmer ID.
The scheme is being implemented on actual/bid premium rates, however, farmers including small farmers will have to pay a maximum of 2% for Kharif, 1.5% for rabi food and oilseed crops, and 5% for commercial/horticultural crops. The premium above this limit is shared by the Central and State Governments on a 50: 50 basis except in the North Eastern region where it is 90: 10 from Kharif 2020. As the plan operates on insurance principles, the extent of the insured area, the extent of loss, and the sum insured are important determinants of arriving at the claim amount.
