India, March 25 -- The Government of India issued the following news release:
Government of lndia is deeply committed to the well-being of farmers across the nation, which is evident through its remarkable increase in budget allocation for the Ministry of Agriculture & Farmers Welfare. The budget allocation for Ministry of Agriculture and Farmers Welfare has been increased from Rs 1,32,469.86 crore in 2024-25 to Rs 1,37,756.55 crore in 2025-26.
As regard Pradhan Mantri Fasal Bima Yojana (PMFBY) it is informed that on account of several interventions by Government of India (GoI), the premium rates charged by the Insurance Companies under the scheme have significantly reduced and hence the premium liability of GoI has reduced. In 2023-24 pr...