International Journal of Agriculture Extension and Social Development

author(s)
Usha Kumari and Dr. Aarti Singh

abstract
Pradhan Mantri Fasal Bima Yojana (PMFBY) is a key crop insurance scheme introduced by the Government of India in 2016 to provide financial security to farmers against crop losses caused by natural calamities, pests, and diseases. This paper reviews the scheme’s objectives, key features, implementation, challenges, and impact on agricultural resilience. Additionally, it provides a detailed literature review on agricultural insurance policies, risk mitigation, and farmer adoption trends. The findings suggest that while PMFBY has improved risk coverage for farmers, challenges such as claim settlement delays, policy awareness, and private sector involvement need further policy refinements.