PM Pik Vima Yojana Application Form PDF

PM Pik Vima Yojana Application Form in PDF download free from the direct link below.

PM Pik Vima Yojana Application Form - Summary

Download the PM Pik Vima Yojana Application Form in PDF format today! The PMFBY, which started in 2016, replaces all existing yield insurance schemes in India. This important scheme has a focus on improving the crop sector.

With extended coverage for localized risks, post-harvest losses, and an emphasis on adopting technology for yield estimation, PMFBY aims to increase farmer awareness and provide low premium rates. The goal is to boost crop insurance penetration throughout India.

PM Pik Vima Yojana Application Form Guidelines

  1. Only one proposal form needs to be filled for all crops under a survey number.
  2. Ensure the Proposal Form is fully completed. It must be signed by the proposer, and all necessary documents must be attached.
  3. Insurance is a contract of Utmost Good Faith, which means you need to disclose all important facts and not hide anything. If something seems important, share it.
  4. The Insurer can void the insurance if there is any false information, misrepresentation, or non-disclosure of important details in the proposal form or any related documents.

Eligibility Criteria

  • Compulsory Component
    All farmers who are taking Seasonal Agricultural Operations (SAO) loans from banks for the notified crops will be automatically covered.
  • Voluntary Component
    Non-loanee farmers can choose whether to participate in the scheme.

Coverage of Risks and Exclusions:

The PMFBY covers various stages of the crop and the risks that can lead to crop loss:

  • Prevented Sowing/Planting Risk:
    If rain is insufficient or weather conditions are bad, and the insured area cannot be sown or planted, you are covered.
  • Standing Crop (Sowing to Harvesting):
    The insurance covers yield losses due to many risks, including drought, floods, pest attacks, landslides, natural fires, storms, and more.
  • Post-Harvest Losses:
    Coverage is available for up to two weeks after harvesting for certain crops that dry in the field, protecting against cyclones and unseasonal rains.
  • Localized Calamities:
    Loss or damage caused by specific localized risks like hailstorms and landslides affecting farms in the notified area are covered.

Objective: The Pradhan Mantri Fasal Bima Yojana (PMFBY) aims to support sustainable agricultural production by:

a) Providing financial help to farmers facing crop loss from unexpected events.

b) Stabilizing farmers’ income so they can continue farming.

c) Encouraging the use of new and modern farming techniques.

d) Ensuring financial support flows into agriculture, which leads to food security, crop diversity, and growth in the farming sector while protecting farmers from production risks.

Download the PM Pik Vima Yojana Application Form in PDF format using the link provided below. There’s no better time than now to get started! 📄

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