GUWAHATI, Jan 11: HDFC ERGO General Insurance Company has been authorized by the Government of Assam to implement the Pradhan Mantri Fasal Bima Yojana (PMFBY) for loanee and non-loanee farmers in the districts of Udalguri, Tinsukia, Lakhimpur, Cachar, Kamrup Metro, Morigaon and Baksa for the Rabi season of 2020-21.
PMFBY scheme insures farmers against any losses in crop yield arising out of a wide range of external risks such as drought, floods, dry spells, landslides, cyclones, hurricanes, pests, diseases and others.
For the purpose of determining the loss in the yield, the state government will plan and conduct Crop Cutting Experiments (CCEs) on the notified crops in areas notified for the scheme. In case the yield data, based on CCEs conducted, concludes to be low then the farmers will be considered to have suffered a shortfall in their yield for which the claims would be paid to the farmers.
The scheme provides insurance cover for all stages of the crop cycle including pre-sowing, harvesting and post-harvest risks. All the products under the PMFBY scheme are approved by the Department of Agriculture. Farmers from the districts of Udalguri, Tinsukia, Lakhimpur, Cachar, Kamrup Metro, Morigaon and Baksamay reach out to their respective banks, Common Service Centres (CSCs) in their district or contact the authorized HDFC ERGO agents to obtain the insurance cover under the PMFBY scheme.