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Pradhan Mantri Fasal Bhima Yojana (PMFBY)

In Tamil Nadu, PMFBY is being implemented since kharif 2016 replacing National Agriculture Insurance Scheme (NAIS) in all districts except Chennai.  In this scheme, farmers can insure the notified Horticulture crops viz Banana, Tapioca, Turmeric, Onion and Chillies in notified revenue villages.

Under PMFBY 2016-17, during both Kharif and Rabi season, 48777 farmers have enrolled covering an area of 81314 acres in notified Horticulture crops.

During 2017-18 (both Kharif and Rabi season) 62,720 farmers have enrolled covering an area of 93,949.8 acres in notified Horticulture crops.  For PMFBY 2016-17, Rs. 54.720 crores have been disbursed as claim compensation to 19,539 farmers for Horticulture crops.

For the current year (2018-19 - both Kharif and Rabi season), it is planned to enroll 50% Gross Cropped area of 2,98,900 acres under Horticulture crops.