Bihar Rajya Fasal Sahayata Yojana

Bihar Rajya Fasal Sahayata Yojana is an initiative of the Government of Bihar, the purpose of which is to incentivize the farmers in the event of crop damage. It is the first instance that a State Government implements a scheme of this kind. The scheme is a replacement to the Central Government's

Pradhan Mantri Fasal Bima Yojana (PMFBY). In this article, we look at the Bihar Rajya Fasal Sahayata Yojana in detail.

Objectives of the Scheme

The scheme strives to back the farmers with financial incentives in the event of a

crop loss due to natural calamities. This measure could provide a reprieve to the farmers, in an era where farmer's unrest and suicides are rampant.

Features of the Initiative

The following are some of the features of the scheme:

The scheme is solely for the benefit of the farming community in the State of Bihar
Farmers are reprieved from remitting any premium, as the scheme is intended for assistance and not insurance
If the farmers' rate of production is less than 20% of the threshold limit, he or she will receive a sum of Rs 7,500 per hectare for a maximum of two hectares
If a farmers' loss in production exceeds 20%, he/she will be incentivized with a Sum of Rs. 10,000 per hectare for a maximum of two hectares
The scheme does not restrict the farmers who have availed loans from nationalized banks, Cooperative banks and other institutions; as it covers the borrowers from other agencies are also
The Government will implement the scheme on the Kharif season of 2018, which would fall on the months of July-October

Application Procedure

The exact procedure for application is yet to be revealed as the scheme will be implemented in due course of time. However, the Government provides a mandate that the scheme will extend to the eligible farmers only on prior registration. The registration should be completed for the farmers, as well as the crops for which the benefits may be claimed.

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Frequently Asked Questions

Common questions about Bihar Fasal Sahayata Yojana: Crop Loss Assistance Scheme.

The Bihar Rajya Fasal Sahayata Yojana is an initiative by the Government of Bihar to provide financial assistance to farmers in the event of crop damage due to natural calamities. It is the first scheme of its kind implemented by a State Government in India.

The Bihar Rajya Fasal Sahayata Yojana is a replacement for the Central Government's Pradhan Mantri Fasal Bima Yojana (PMFBY) in the state of Bihar. Unlike the PMFBY, which is an insurance scheme, this scheme provides direct financial assistance to farmers without any premium payment.

The scheme is solely for the benefit of farmers in the state of Bihar. It covers borrowers from nationalized banks, cooperative banks, and other institutions, irrespective of their loan status.

If a farmer's production rate is less than 20% of the threshold limit, they will receive Rs. 7,500 per hectare for a maximum of two hectares. If the loss in production exceeds 20%, they will receive Rs. 10,000 per hectare for a maximum of two hectares.

No, farmers do not have to pay any premium to avail benefits under the Bihar Rajya Fasal Sahayata Yojana. It is a financial assistance scheme, and farmers are not required to remit any premium.

The scheme will be implemented during the Kharif season of 2018, which falls between July and October.

Yes, prior registration is mandatory for farmers to avail benefits under the Bihar Rajya Fasal Sahayata Yojana. Farmers will have to register themselves and their crops for which they seek assistance.

The exact procedure for application and registration is yet to be revealed by the Government of Bihar. However, it has been mandated that eligible farmers will have to complete the registration process to avail benefits under the scheme.

The article does not specify whether the scheme covers all crops cultivated in Bihar or if it is limited to certain crops. Farmers may need to check the eligibility criteria for their specific crops during the registration process.

The main objective of the Bihar Rajya Fasal Sahayata Yojana is to provide financial incentives and support to farmers in the state of Bihar in the event of crop loss due to natural calamities. It aims to offer relief to farmers during challenging times and address the issue of farmer unrest and suicides.