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_______ has won the National Award for the best implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY), which is acrop subsidy insurance scheme, f
Question

_______ has won the National Award for the best implementation of Pradhan Mantri Fasal Bima Yojana (PMFBY), which is acrop subsidy insurance scheme, for the year 2022-23?

A.

Punjab

B.

Uttar Pradesh

C.

Karnataka

D.

Tamil Nadu

Correct option is C

The correct answer is (C) Karnataka.

Karnataka received the National Award for the best implementation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) for 2022-23. The state achieved a 47.74% increase in farmer enrollments, rising from 16.15 lakh in 2021 to 23.86 lakh in 2022. Additionally, the insured area expanded by 41.80% during the same period. The award was presented on April 14, 2023.

Information Booster

  • Formation Date: PMFBY was launched on February 18, 2016, to provide comprehensive crop insurance coverage to farmers across India.
  • Objectives: The scheme aims to support sustainable agricultural production by providing financial assistance to farmers for crop losses due to unforeseen events.
  • Coverage: It includes food crops (cereals, millets, pulses), oilseeds, and annual commercial/horticultural crops.
  • Premium Rates: Farmers pay a uniform premium of 2% for Kharif crops, 1.5% for Rabi crops, and 5% for annual commercial and horticultural crops, while the government provides subsidized premium support.

Additional Information

  • (A) Punjab – Punjab is a leading agricultural state known for its wheat and rice production. The state has actively participated in PMFBY and other agricultural initiatives.
  • (B) Uttar Pradesh – Uttar Pradesh has a diverse cropping pattern, growing sugarcane, wheat, rice, and pulses under various agricultural schemes.
  • (D) Tamil Nadu – Tamil Nadu has shown strong agricultural growth, with significant contributions in horticulture, rice, and millet production, along with active participation in crop insurance programs.

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