CROP INSURANCE SCHEME

Pradhan Mantri Fasal Bima Yojana is a two-year-old product CROP PREMIUM ` 22,600 crore TOTAL SUM ASSURED ` 1,82,600 crore ESTIMATED CLAIMS 80-90% of premium WORST-CASE CLAIMS SCENARIO 350% or Rs 80,000 crore (Figures for FY2017/18)