Recently, the Government of India has conveyed to the Lok Sabha that Jammu and Kashmir is among the 25 States and Union Territories where the Pradhan Mantri Fasal Bima Yojana (PMFBY) and the Restructured Weather Based Crop Insurance Scheme (RWBCIS) are proposed to be notified for Kharif 2026.
This information received by the Government of India reflects and reassures the confidence and security of the farming community in Jammu and Kashmir.
These schemes are a great relief to the farmers of Jammu and Kashmir as they provide an extensive cover against various threats to their farm yield.
The benefit payable under these schemes has seen an increase worth crores of rupees during the past five financial years.
PMFBY witnessed farmer premium payment of Rs 60.55 crore in the UT during the financial years 2021-22 to 2025-26.
The UT also recorded a claim payment of Rs 172.40 crore to the farmers under the same scheme, which speaks volume about its success in securing the farmers against crop loss due to unforeseen events.
The administration in J&K has done exceptionally well in terms of implementing the aforesaid schemes.
It has one of the highest growth rates in the first equal in terms of farmer enrolment under the centrally sponsored schemes.
As per the recent guidelines issued by the Chief Secretary, there is an emphasis on garnering the participation of every eligible farmer in the schemes as it serves to protect them from financial losses apart from providing compensation under the Kisan Credit Card (KCC) and the ‘Khet Bachao Abhiyan’.
This proactive step has ensured that the farmers of Jammu and Kashmir are safeguarded against crop loss.
By providing coverage to farmers against pre-sowing and post-harvesting risks, the schemes have enabled the farming community to look forward and invest in the future confidently.
