Bharatiya Janata Party · Lok Sabha General Election 2024
Last updated 1 Jun 2026
“Sustained financial support under PM Fasal Bima Yojana to protect farmers against crop losses from natural calamities.”
On 1 January 2025 the Union Cabinet approved continuation of the Pradhan Mantri Fasal Bima Yojana and the Restructured Weather Based Crop Insurance Scheme through 2025-26, with an overall outlay of Rs 69,515.71 crore (2021-22 to 2025-26) and a new Fund for Innovation and Technology (FIAT) of Rs 824.77 crore for tech-driven yield estimation (YES-TECH, WINDS). The government noted 88% of insured farmers are small and marginal. The pledge is being delivered; the current sanction runs to 2025-26, so continuation beyond that year is not yet formally approved.
From Kharif 2026, new add-on covers (Wild Animal Attack and Paddy Inundation) introduced under localised risk; states required to pre-deposit premium share via ESCROW from Kharif 2025 for timely claims.
View sourceUnion Cabinet approves continuation of PMFBY and RWBCIS through 2025-26 with an outlay of Rs 69,515.71 crore and creation of the FIAT fund.
View sourceCabinet approves continuation of PM Fasal Bima Yojana, weather crop insurance scheme
PIB: Cabinet approves continuation of PMFBY and RWBCIS till 2025-26
Cabinet approves PMFBY/RWBCIS continuation to 2025-26 with FIAT tech fund (PMO)
We will introduce drones, biosecurity measures and advanced disease-management technologies to strengthen aquaculture and protect the fisheries sector.
We will leverage satellite imagery and communication technology to enhance the safety of our fishermen at sea, providing timely alerts and information.
We will establish Nucleus Breeding Centres and Brood Banks to ensure availability of quality fish seed and broodstock for self-reliance in the fisheries sector.
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