Bharatiya Janata Party · Lok Sabha General Election 2024
Last updated 8 Jul 2026
“Sustained financial support under PM Fasal Bima Yojana to protect farmers against crop losses from natural calamities.”
On 1 January 2025 the Union Cabinet approved continuation of the Pradhan Mantri Fasal Bima Yojana and the Restructured Weather Based Crop Insurance Scheme through 2025-26, with an overall outlay of Rs 69,515.71 crore (2021-22 to 2025-26) and a new Fund for Innovation and Technology (FIAT) of Rs 824.77 crore for tech-driven yield estimation (YES-TECH, WINDS). The government noted 88% of insured farmers are small and marginal. The pledge is being delivered; the current sanction runs to 2025-26, so continuation beyond that year is not yet formally approved.
From Kharif 2026, new add-on covers (Wild Animal Attack and Paddy Inundation) introduced under localised risk; states required to pre-deposit premium share via ESCROW from Kharif 2025 for timely claims.
View sourceUnion Cabinet approves continuation of PMFBY and RWBCIS through 2025-26 with an outlay of Rs 69,515.71 crore and creation of the FIAT fund.
View sourceCabinet approves continuation of PM Fasal Bima Yojana, weather crop insurance scheme
PIB: Cabinet approves continuation of PMFBY and RWBCIS till 2025-26
Cabinet approves PMFBY/RWBCIS continuation to 2025-26 with FIAT tech fund (PMO)
We have established PM Kisan Samriddhi Kendras to provide all agricultural inputs and services as one-stop shops to our farmers. We will further expand the network of PM Kisan Samriddhi Kendras.
We have started using nano-urea to ensure continued soil fertility in Indian farmlands. We will further expand access to and encourage adoption of Nano Urea.
We have upgraded KVKs to provide digital solutions to our farmers. We will further upgrade all Krishi Vigyan Kendra into a one-stop centre for skill development.
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