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Title: More than 26% of farmers covered under govt’s crop insurance scheme
Source:The Financial Express
Date:8 December 2016
More than 3.66 crore farmers of the estimated 14 crore in the country were enrolled with the NDA government’s flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) in the recently-concluded kharif season (2016-17) and overall coverage of crop insurance is set to surpass the target set for the year, an agriculture ministry statement stated. There has been a jump of more than six times in the coverage of non-loanee farmers from 14.88 lakh in Kharif 2015 to 102.6 lakh in Kharif 2016 under PMFBY, which indicates that ‘the scheme has been well received by the non-loanee segment’.
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