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PRADHAN MANTRI FASAL BHIMA YOJANA (PMFBY)

Government of Tamil Nadu has implemented PMFBY from Kharif 2016 onwards in all the districts of Tamil Nadu except Chennai. Under this scheme, farmers can insure the notified horticulture crops in the notified Firkas.

Under PMFBY, so far, an amount of Rs. 210 Crore has been settled as Compensation claim to 1,39,055 farmers for Horticulture crops from 2016-17 to 2019-20.

From Kharif 2019-20 onwards, in addition to the already notified six crops viz., Banana, Tapioca, Turmeric, Potato, Onion and Red Chillies, 8 annual crops viz., Bhendi, Brinjal, Cabbage, Carrot, Garlic, Ginger, Coriander, Tomato have been notified in order to bring more Horticulture farmers under Crop Insurance scheme.