Global Significance: A Landmark in Crop Insurance<\/strong><\/h2>\n\n\n\nRanked as the third-largest insurance scheme globally in terms of premium, the PMFBY stands as a testament to India’s commitment to agricultural resilience. By shielding farmers from unforeseen adversities, this pioneering initiative reaffirms the nation’s dedication to nurturing its agrarian backbone and fostering rural prosperity.<\/p>\n","protected":false},"excerpt":{"rendered":"
In a significant milestone, the enrollment of farmers under the Pradhan Mantri Fasal Bima Yojana (PMFBY) has surged to over 40 million in the fiscal year 2023-24, marking a remarkable 27% increase from the previous year. This surge underscores the growing importance of crop insurance in safeguarding the interests of farmers across the country. Shift […]<\/p>\n","protected":false},"author":6,"featured_media":2513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,4],"tags":[51],"custom":{"td_video":"","featured_image":"https:\/\/theagriculturetimes.com\/wp-content\/uploads\/2024\/03\/farmer.webp","author":{"name":"Priya@TheAgritimes","avatar":"https:\/\/secure.gravatar.com\/avatar\/70e02ace815730471f3edba0d0a0e19e?s=96&d=mm&r=g"},"categories":[{"term_id":1,"name":"Agri News","slug":"agri-news","term_group":0,"term_taxonomy_id":1,"taxonomy":"category","description":"Get the latest agri news and insights. Stay informed. Explore now!","parent":0,"count":573,"filter":"raw","cat_ID":1,"category_count":573,"category_description":"Get the latest agri news and insights. Stay informed. Explore now!","cat_name":"Agri News","category_nicename":"agri-news","category_parent":0},{"term_id":4,"name":"Govt Scheme","slug":"govt-scheme","term_group":0,"term_taxonomy_id":4,"taxonomy":"category","description":"Discover govt schemes. Explore now!","parent":0,"count":70,"filter":"raw","cat_ID":4,"category_count":70,"category_description":"Discover govt schemes. Explore now!","cat_name":"Govt Scheme","category_nicename":"govt-scheme","category_parent":0}]},"_links":{"self":[{"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/posts\/2512"}],"collection":[{"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/comments?post=2512"}],"version-history":[{"count":3,"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/posts\/2512\/revisions"}],"predecessor-version":[{"id":2539,"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/posts\/2512\/revisions\/2539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/media\/2513"}],"wp:attachment":[{"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/media?parent=2512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/categories?post=2512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theagriculturetimes.com\/wp-json\/wp\/v2\/tags?post=2512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}