Participation of marginal farmers in crop insurance scheme declines

The participation of marginal farmers and all those belonging to the standard classification has declined

The participation of marginal farmers and all those belonging to the standard classification has declined in the Central government’s Pradhan Mantri Fasal Bima Yojana (PMFBY) in the final 3 years. At the similar time, the number of OBC farmers opting for PMFBY has considerably absent up.

The facts offered with the Ministry of Agriculture’s PMFBY internet site show that out of complete farmers in the team of marginal, modest and other farmers who opted for crop insurance coverage in the Kharif year, the number of marginal farmers has declined from 18.08 for every cent in 2018 to sixteen.fifty five for every cent in 2020.

Modest farmers

For Rabi year, it has absent down from 19.18 for every cent to seventeen.39 for every cent for the duration of the similar period of time. The number of modest farmers includes a main chunk of farmers opting for the insurance coverage plan. For both Kharif and Rabi seasons, participation of modest farmers in the plan is over 60 for every cent. Participation of modest farmers in the plan has absent up for the duration of two cropping seasons.

According to the Agricultural Census, marginal farmers are all those who maintain land beneath one hectare while modest farmers are all those who have land holding concerning one and two hectare.

Modest and marginal holdings (beneath two hectares) represent 86.21 for every cent of the complete landholdings. Marginal, modest and medium landholdings represent the main share of the cultivated place while massive land holdings account for only nine for every cent of the complete operational place.

In the team of SC, ST, standard and OBC classification the share of standard classification farmers taking part in the plan has steadily declined from 45 for every cent in 2018 to 35.50 for every cent in 2020 for Kharif and from 51.ninety four for every cent to forty one.seventy nine for every cent for Rabi.

But the number of OBC farmers opting for PMFBY has absent up from forty one.73 for every cent in 2018 to 49.15 for every cent in 2020 for Kharif and from 37.eighty four for every cent to 47.39 for every cent for Rabi year for the duration of the similar period of time.

The share of SC and ST farmers has remained beneath nine for every cent for Rabi and Kharif concerning 2018 and 2020. Male farmers dominate the chart of the insurance coverage plan. Not shockingly even as gals toil in fields, ownership remains with gentlemen. But there is a modest ray of hope. According to the tenth Agricultural Census, the share of landholders who are gals has elevated from 12.seventy nine for every cent in 2010-eleven to thirteen.87 for every cent in 2015-sixteen.

Promises paid out

The authorities introduced the PMFBY in 2016 with the aim to fortify hazard protection of crops for farmers. Premium price around and over the farmer share is equally subsidised by the States and Centre. According to the Ministry of Agriculture, the normal sum insured for every hectare has elevated from ₹15,100 for the duration of the pre-PMFBY Strategies to ₹40,seven-hundred less than PMFBY. The plan covers around five.five crore farmer applications year on year. To day, promises really worth ₹90,000 crore have previously been paid out out less than the plan “Even for the duration of Covid-19 lockdown period of time almost 70 lakh farmers benefited and promises really worth ₹8,741.30 crore ended up transferred to the beneficiaries,” in accordance to the Ministry facts launched in January 2021.