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Farmers paid premium of Rs 32,440 cr under PMFBY; over Rs 1.63 lakh cr worth claims cleared

By Economic Times - 4 months ago
All farmers growing notified crops in notified areas are eligible for coverage under the scheme voluntarily," Union Agriculture Minister Shivraj Singh Chouhan said in a written reply to the Rajya Sabha. Under the scheme, a comprehensive risk coverage for crops of farmers against all non-preventable natural risks from pre-sowing to post-harvest stages of the crops at a very reasonable premium for the farmers is being provided.

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