Karnataka Ranks Second in Implementing Pradhan Mantri Fasal Bima Yojana Crop Insurance

Karnataka secured second place among large states in implementing the Pradhan Mantri Fasal Bima Yojana (PMFBY) for the Kharif 2024 and Rabi 2024-25 seasons. The Union Agriculture Ministry awarded the state a Certificate of Commendation, recognizing its effective rollout and timely compensation to farmers. Out of 27.04 lakh registered farmers, 11.85 lakh claimed ₹2,094 crore under the scheme, which aims to protect farmers from crop losses due to natural calamities, pests, and diseases.