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Government Announces Expansion of PM Fasal Bima Yojana for Horticulture.

Government Schemes | Dated: 15 May 2026

To vastly strengthen agricultural risk management, the Ministry of Agriculture officially announced a massive enhancement in the PM Fasal Bima Yojana. The completely subsidized insurance coverage has been significantly extended to registered horticulture farmers.

🎯 Key Highlights:

  • The scheme now strictly integrates drone-based damage assessment for swift claim disbursals.
  • It exclusively applies to all registered fruit and vegetable growers via the national digital portal.
  • The scheme heavily promotes absolute financial security against severe climate shocks.

💡 Other Important Facts:

  • Scheme: PM Fasal Bima.
  • Target: Horticulture.
  • Focus: Crop Insurance.

📚 Test Your Knowledge:

Under the recent massive expansion of the PM Fasal Bima Yojana by the Central Government, the subsidized insurance coverage has been specifically extended to which group?

Correct Answer: Horticulture Farmers

🚀 Quick Recap:

About PM Fasal Bima Yojana

  • Launch Year - 2016
  • Objective - Comprehensive insurance cover against crop failure