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
  • Mauritius awarded its highest honor, ‘Order of the Star and Key of the Indian Ocean,’ to PM Modi.

    Read More....
  • The government will establish daycare cancer centers in every district within three years.

    Read More....
  • According to the second advance estimates of the Ministry of Agriculture, India achieved a record food grain production in the 2024-25 session, with Kharif at 16.6391 million tonnes and Rabi (excluding summer crops) at 16.4527 million tonnes.

    Read More....
  • India signed an MoU with Armenia for cooperation in the regulation of medical products.

    Read More....
  • The joint military exercise Khandjar-XII between the special forces of India and Kyrgyzstan began in Tokmok, Kyrgyzstan, and will be held from March 10 to 23, 2025.

    Read More....
  • Dr. Jaishree Venkatesan became the first Indian to win the prestigious Ramsar Award in the ‘Wetland Wise Use’ category and was recognized as a female changemaker in wetlands by the Ramsar Secretariat.

    Read More....
  • Self-Help Groups (SHGs) of Andhra Pradesh set four world records—one Guinness and three World Records Union records, with DWCRA members achieving 3 lakh orders worth ₹5.13 crore in a week on ONDC.

    Read More....
  • Union Health Minister J.P. Nadda inaugurated the third International Symposium on Health Technology Assessment (ISHTA 2025) at Bharat Mandapam, organized by the Department of Health Research in collaboration with WHO India and the Centre for Global Development.

    Read More....
  • No Smoking Day is observed every year on the second Wednesday of March.

    Read More....
  • Mumbai will host the WAVES 2025 Summit, with a high-level meeting co-chaired by the Chief Secretary of Maharashtra and the Secretary of the Ministry of Information and Broadcasting.

    Read More....