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 projected significant decline in premium collections, potentially falling to ₹20,000 crore from ₹30,000 crore, as major states adopt the 'cup-and-cap' risk-sharing model. This model limits insurer risk and profitability. The ministry aims to ensure the scheme's long-term sustainability and effective farmer coverage, examining insurer data to address pricing and underwriting issues.