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4th National Conference of Pradhan Mantri Fasal Bima Yojana

4th National Conference of Pradhan Mantri Fasal Bima Yojana

On 17th February 2020, the two-day long 4th National Conference on Review of Implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY) began in Udaipur (Rajasthan).

Key Points:

  • Shri Sanjay Agarwal, Secretary, Ministry of Agriculture & Farmers Welfare, inaugurated this conference.
  • There were around 140 members representing different states, banks, insurance companies, RBI, NABARD, among others.
  • All the stakeholders need to create awareness at the grassroots about the scheme. 
  • The current format of the scheme requires the active participation of three different sectors, i.e., the State Governments, the Banking sector and the Insurance sector. 
  • Therefore, there is a need to ensure adequate consultation amongst all the stakeholders for the smooth implementation of the scheme that benefits farmers.
  • The main aim of this conference is to understand the direction that the scheme is foraying into and individual roles thereof and to cross-learn from other institutions to resolve all the issues.
  • Previously it organised the first three editions of the National Conference in Lucknow, Bangalore, and Guwahati respectively.

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