PMFBY: Crop insurance being revamped from kharif 2022, panel set up

Assess the performance of Pradhan Mantri Fasal Bima Yojana in providing income security to farmers. (150 words)

Approach:

• Introduce by giving the mandate of PMFBY
• Enumerate the benefits received by farmers due to the scheme
• Enumerate the challenges in the implementation of PMFBY
• Way forward and Conclusion