The Government of Maharashtra has started the Maharashtra Rs 1 Crop Insurance Scheme 2024 to help farmers who lose their crops because of natural disaster and climate change. Moreover this scheme is designed to provide financial support to farmers who face these losses. Additionally to get the benefits and all the updates of the scheme farmers can visit the official website at www.pmfby.gov.in. Finally this page will give you with all of the details you need about the program including its benefits objectives required documents eligibility conditions and application process.
Maharashtra Rs 1 Crop Insurance Scheme 2024
Maharashtra’s Chief Minister Eknath Shinde has launched a new Rs 1 Crop Insurance Scheme where farmers can get insurance for just Rs 1. However this scheme is designed to help small farmers who struggle with high insurance costs. Previously farmers had to pay a 2% interest but now they only need to pay Rs 1. Ultimately if their crops are damaged due to natural disaster or climate change insurance companies along with the central and state governments will provide some compensation.
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Helpful Summary of Maharashtra Rs 1 Crop Insurance Scheme
| Name of the scheme | Maharashtra Rs 1 Crop Insurance Scheme |
| Introduced by | Maharashtra state government |
| Objective | Provide insurance |
| Beneficiaries | Maharashtra state citizens |
| Official website | PMFBY Portal |
The objective of Rs 1 Crop Insurance Scheme
The main objective of the new initiative is to help farmers who have lost their crops due to natural disasters. Similarly The Maharashtra state government hopes that this scheme will help ease farmers’ financial burdens. Last year many farmers in Maharashtra faced major losses in crops due to unpredictable weather such as rain hail and flooding. Ultimately these problems harmed their crops and caused financial problems. To address this issue the Maharashtra government is offering crop insurance at a low cost of Rs 1.
Eligibility Criteria
The person applying has to be a permanent resident of the Maharashtra state.
The candidate should be a farmer by occupation.
Benefits of Maharashtra Rs 1 Crop Insurance Scheme
The government will help farmers by providing insurance coverage for Rs. 1 under this initiative.
The scheme will help small farmers who have previously suffered with high insurance cost.
Farmers no longer need to be worried about crop loss due to natural disasters because to this program.
The scheme’s insurance covers a variety of crops, including rice jowarbajraragi maize turmoongurad soybean peanut sesame cotton and onions.
Required Documents
- Aadhar Card
- Email ID
- Mobile Number
- Address Proof
- PAN Card
Maharashtra Rs 1 Crop Insurance Scheme Apply Online 2024
STEP 1: All those who are interested in benefiting from the plan may go to the official PMFBY website and fill out the application form online.
STEP 2: Once on the official website’s home page the candidate has to choose the Farmers Corner option.
STEP 3: The pop-up option will open on the display the candidate needs to choose the option “guest former.”
STEP 4: The application form will display on the desktop screen the candidate has to fill out all of the information requested and submit all required papers.
Step 5: Once all of the information have been entered correctly the candidate has to examine them. After the review process the candidate may press the submit button to finish the procedure.
Details are to be filled in Under the Online Application
- Farmer Details
- Residential Details
- Farmer ID
- Account Details
Contact Details
Department of Agriculture & Farmers Welfare,MoA& FW,
Krishi Bhawan,
Dr Rajendra Prasad Road,
New Delhi – 110001
FAQs
Which state has started the Rs 1 Crop Insurance Scheme 2024?
The Maharashtra State Government has announced the Maharashtra Rs 1 Crop Insurance Scheme 2024.
How much will farmers have to pay for crop insurance under the Maharashtra Rs 1 Crop Insurance Scheme 2024?
Farmers just have to pay Rs 1 to purchase crop insurance through the Maharashtra Rs 1 Crop Insurance Scheme 2024.
Who is eligible to get benefits from the Maharashtra Rs 1 Crop Insurance Scheme 2024?
All permanent residents of Maharashtra state who are farmers by profession are eligible for the Maharashtra Rs 1 Crop Insurance Scheme 2024.