Meghalaya extends 100% subsidy in crop insurance premium for farmers

Meghalaya extends 100% subsidy in crop insurance premium for farmers

Daily Current Affairs   /   Meghalaya extends 100% subsidy in crop insurance premium for farmers

Change Language English Hindi

Category : State Published on: June 10 2023

Share on facebook
  • The Meghalaya government has extended 100 pecent subsidy for premium support to farmers under the crop insurance scheme 'Pradhan Mantri Fasal Bima Yojana' for both kharif and rabi seasons this fiscal year.
  • The Government of Meghalaya has decided to provide free premium support amounting to Rs. 4.4 crores, covering both Kharif and Rabi seasons during 2023-24, whereby the premium for the farmers shall be paid by the State Government to an extent of 100% of the premium amount.
  • The move comes as the state says its vision is to have a farmer-centric approach in devising a strategy to protect them from crop failure risks.
  • Pradhan Mantri Fasal Bima Yojana (PMFBY), the crop insurance scheme was implemented in Meghalaya in 2016. Its main objective is to provide financial assistance to farmers suffering from crop damage or loss because of natural calamities or events.
Recent Post's

  • Mongolia’s parliament appointed 39-year-old Uchral Nyam-Osor as the new Prime Minister with 88 out of 107 votes, marking the third leadership change in nine months.

    Read More....

  • ISRO has launched Mission Mitra in Ladakh to test psychological resilience and team dynamics of Gaganyaan astronauts in extreme high-altitude conditions.

    Read More....

  • Myanmar’s parliament elected military leader Min Aung Hlaing as President with 429 votes, consolidating military control after the 2021 coup.

    Read More....

  • Prime Minister Modi inaugurated the Samrat Samprati Museum in Gujarat to highlight the contributions of Mauryan ruler Samrat Samprati, popularly known as ‘Jain Ashoka’.

    Read More....

  • Vice President C.P. Radhakrishnan released Sudha Murty’s book ‘Tides of Time’, which showcases India’s history through 124 murals in the Parliament building.

    Read More....

  • The Indian Navy commissioned stealth frigate INS Taragiri, the fourth vessel under Project 17A, at Visakhapatnam on April 3, 2026.

    Read More....

  • The Ministry of Education has granted ‘Deemed to be University’ status to NCERT, enabling it to offer PhD programmes and advanced research in school education.

    Read More....

  • Sadhana Saptah 2026 Day 3 on 4 April will feature expert webinars on Quantum Technology, Digital Infrastructure and Artificial Intelligence for better governance.

    Read More....

  • 1992-batch IAS officer Chanchal Kumar took charge as Secretary of the Ministry of Information & Broadcasting on April 1, 2026.

    Read More....

  • Renowned sand artist Sudarshan Pattnaik has been appointed as the brand ambassador for India’s first digital Census 2027.

    Read More....