Agriculture Ministry announced that Andhra Pradesh has decided to 'rejoin' the PMFBY following talks between Union Agriculture Minister Narendra Singh Tomar and Chief Minister Y S Jagan Mohan Reddy. In which year PMFBY was launched in India?

2014
2016
2018
2015

LohaHridoy

4 views

2025-01-04 04:42

1 Answers

AhmedNazir

Option 2 : 2016

The correct answer is 2016.

Agriculture Ministry announced that Andhra Pradesh has decided to 'rejoin' the PMFBY following talks between Union Agriculture Minister Narendra Singh Tomar and Chief Minister Y S Jagan Mohan Reddy.
The Pradhan Mantri fasal bima yojana (PMFBY) launched on 18 February 2016 by Prime Minister Narendra Modi is an insurance service for farmers for their yields.
It was formulated in line with the One Nation–One Scheme theme by replacing earlier two schemes National Agricultural Insurance Scheme (NAIS) and Modified National Agricultural Insurance Scheme (MNAIS) by incorporating their best features and removing their inherent drawbacks.
Six states had implemented the PMFBY initially but opted out at different times in the last four years. The first state to opt out was Bihar in 2018-19. West Bengal and Andhra Pradesh left the PMFBY in 2019-20, while Telangana, Jharkhand, and Gujarat opted out in 2020-21.

4 views Answered 2022-09-04 04:29

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