Centre to release Rs 3,200 crore Crop Insurance to 30 lakh farmers affected by natural disasters

  • Posted on August 11, 2025
  • By Business News Today
  • 2 Views
Centre to release Rs 3,200 crore Crop Insurance to 30 lakh farmers affected by natural disasters

The Central government is set to release ₹3,200 crore as the first installment of the Pradhan Mantri Fasal Bima Yojana, benefiting approximately 30 lakh farmers affected by natural disasters. Insurance companies will face a 12% interest penalty for delayed payments, directly benefiting farmers.
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Business News Today

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