📰 News ⏱ 2 min

How Does Crop Insurance Keep Farmers Safe? 🌱

The Prime Minister's Crop Insurance Scheme protects farmers from drought, floods and pests.

🔑

Key Points

5 points

Launched in 2016 to cover many types of weather problems.

Premium capped at 2% for most crops, 5% for special crops.

More than 92 crore farmers have been covered so far.

Digital portal and apps speed up claim payments.

Weather‑based insurance also uses rain and temperature data.

📖

Farmers only pay a tiny part of the cost, about two percent, and the government pays the rest.

Both loan‑taking and non‑loan‑taking farmers, including sharecroppers, can join.

New online tools let farmers sign up and get money quickly after a loss.

Technology like satellites and weather stations helps decide how much help each farmer needs.

📘

8 words

premium

the small amount a farmer pays to keep the insurance active

subsidy

money the government adds so the farmer pays less

sharecropper

a farmer who works someone else's land and shares the harvest

satellite

a machine in space that can take pictures of the Earth

weather station

a place that measures rain, temperature and wind

claim

a request for money when a loss happens

yield

the amount of crop a farmer gets from the land

government subsidy

money the government gives to lower costs for people

Want to learn even more? Click here to read the full story!