Odisha

Pradhan Mantri Fasal Bima Yojana (PMFBY)




 

Eligibility

 

All farmers including share croppers and tenant farmers growing notified crops in the notified areas are eligible under this scheme

 

How to get crop insurance?

 

Loanee Farmers (Compulsory Coverage): All the farmers availing seasonal agriculture operations (SAO) loans from financial institutes (Loanee farmers / KCC holders) for the notified crop would be covered compulsorily.

 

Non-Loanee Farmers: Farmers not availing loan can also cover the notified crop through contacting Bank or Authorised Insurance Company agents with the following documents

  • Proposal form, Aadhar Card, Copy of land records, Copy of Bank savings account details, Insurance Premium, Crop Sowing certificate.

 

Coverage of Risks: Following stages of the crop and risks leading to crop loss are covered under the scheme.

  1. Prevented Sowing/ Planting Risk: Insurance Coverage to farmers shall be provided in case of widespread incidence of eligible risk's affecting crops in more than 75% of area sown in a notified unit at early stage leading to total loss of crop or the farmers are not in a position to either sow or transplant the crop.
  2. Standing Crop (Sowing to Harvesting) - Comprehensive risk insurance is provided to cover yield losses due to non-preventable risks viz. Drought, dry spells, flood, inundation, pests and diseases, landslides, natural fire and lightening, storm, hailstorm, cyclone, typhoon, tempest, hurricane and tornado.
  3. Post-Harvest Losses - Coverage is available only up to a maximum period of two weeks from the harvesting for those crops which are allowed to dry in cut and spread condition in the field after harvesting against specific perils o f c yc lo n e, c yc lo n ic rains  and  unseasonal rains. (last date by which harvesting should have been done is mentioned in seasonality discipline)
  4. Localized Calamities  -  Loss/damage resulting from occurrence of identified localized risks of hailstorm, landslide and inundation affecting isolated farms in the notified area.

Premium & Coverage - (Kharif 2018)

 

 

Name of District

Crop

Insured Amount Per Hectare

Farmers Premium Rate

Farmers Premium Per hectare

 

 

Ganjam

Cotton

68,500

5%

3,425.00

Ground Nut

63,000

2%

1,260.00

Maize

58,750

2%

1,175.00

Paddy

59,000

2%

1,180.00

Redgram

30,000

1.5%

450.00

 

Kalahandi

Cotton

52,750

5%

2,637.50

Ground Nut

44,750

2%

895.00

Maize

43,500

2%

870.00

Paddy

68,250

2%

1,365.00

Redgram

31,500

2%

630.00

Puri

Paddy

60,000

2%

1,200.00

Subarnapur

Cotton

75,000

1.5%

1,125.00

Paddy

70,000

2%

1,400.00

Balasore

Ginger

152,500

1.5%

2,287.50

Paddy

62,500

2%

1,250.00

 

 

Bolangir

Cotton

60,000

5%

3,000.00

Ground Nut

38,000

2%

760.00

Maize

39,500

2%

790.00

Paddy

57,750

2%

1,155.00

Redgram

20,000

2%

400.00

 

Dhenkanal

Ground Nut

47,065

2%

941.30

Paddy

55,410

2%

1,108.20

Turmeric (haldi)

128,750

1.5%

1,931.25

 

Malkangiri

Ground Nut

49,163

2%

983.26

Maize

49,495

1.75%

866.16

Paddy

61,713

2%

1,234.26

Redgram

11,750

1.5%

176.25

Nayagarh

Maize

40,000

2%

800.00

Paddy

60,000

2%

1,200.00