India's Finance Ministry is reviewing the Pradhan Mantri Fasal Bima Yojana (PMFBY), the nation's crop insurance program. This review is prompted by a significant decline in crop insurance business, with premium collections projected to drop. The shift by large states to a 'cup-and-cap' model, which limits insurer risk and profitability, is a key factor. The ministry aims to ensure the scheme's long-term sustainability and effective farmer coverage.