Karnataka bags second place in Pradhan Mantri Fasal Bima Yojana crop insurance rollout

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Karnataka has secured the 2nd fertile successful the ample States class successful the implementation of the Pradhan Mantri Fasal Bima Yojana (PMFBY), earning a Certificate of Commendation from the Union Agriculture Ministry for its show during the kharif play 2024 and the rabi play 2024.

Out of the 27.04 lakh registered farmers, 11.85 lakh person claimed ₹2,094 crore nether the scheme. The Ministry noted that Karnataka had made notable advancement successful delivering security sum and timely compensation to farmers facing harvest losses.

The PMFBY is simply a flagship harvest security strategy of the Centre that seeks to supply fiscal information to farmers and promote resilient cultivation practices.

The certificate, issued by Muktanand Agrawal, CEO of PMFBY, appreciated the Karnataka authorities and its officers for ensuring effectual rollout of the strategy aimed astatine protecting farmers from losses owed to earthy calamities, pests and diseases.

The grant was received by the Commissioner and Director of Agriculture astatine the 13th National Conference held successful Bengaluru connected January 18.

Published - January 18, 2026 06:49 p.m. IST

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