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PMFBY extension
March 16 , 2025
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- The Union Cabinet has approved continuation of the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance Scheme till 2025-26.
- It will help in risk coverage of crops from non-preventable natural calamities for farmers across the country till 2025-26.
- The Union Cabinet has also approved the creation of Fund for the Innovation and Technology (FIAT) with a corpus of Rs.824.77 Crore.
- The fund will be utilised towards the funding technological initiatives under the scheme namely, YES-TECH, WINDS, etc.
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