by aditya abhishek
Natural calamities such as drought, floods, hailstorms, etc. have devastating effects on a farmer's life. In rural areas, for many people, farming is the only main source of income.
One of the primary reasons for higher suicide rates of farmers in the country is because of unpredictable rains, successive crop failures due to natural calamities, etc.
It is time for farmers to understand the need and importance of crop insurance. It protects them financially against such risks.
If you want to avoid financial losses due to natural calamities and sudden declines in the prices of agricultural commodities, then you must get crop insurance.
A farmer in India can easily get crop insurance under the scheme of Pradhan Mantri Fasal Bima Yojana. It is a government-sponsored crop insurance scheme.
You can visit the official website of PMFBY "https://pmfby.gov.in/", create a user profile and apply for crop insurance online. You can also get help from our experts in the process.
Banks such as SBI, HDFC, etc. can also assist you in getting crop insurance Pradhan Mantri Fasal Bima Yojana under their policy.
Other companies that offer crop insurance in India are: Tata AIG General Insurance, IFFCO-Tokio General Insurance, Reliance General Insurance, Bajaj General Insurance, etc.
thanks for reading!