Current Affairs - Miscellaneous - Discussion

The flagship program of Prime Minister Modi, Pradhan Mantri Fasal Bima Yojana (PMFBY) which provides crop insurance to farmers has failed. Recently, a senior official from Agriculture Ministry disclosed that out of Rs 1,400 crore designated fund for the North-Eastern state annually under PMFBY, only around 0.57% or Rs 8 crore was spent in 2018-19.Four North-eastern states are not covered under PMFBY and the states are Arunachal Pradesh, Nagaland, Manipur and Mizoram.Other large states like Bihar and West Bengal had earlier withdrawn from crop insurance scheme and launched their own state-level scheme and states like Punjab had never joined the scheme.