Page 23 - NIS English 01-15 May,2023

Crop insurance boosted
farmers' confidence

Farmers toil in the fields all year. They grow crops,
but the crops are frequently damaged by natural
disasters. The farmer not only drowns in debt, but
sometimes is also forced to commit suicide. In
order to protect farmers from such calamity, the
central government launched the Pradhan Mantri
Fasal Bima Yojana in February 2016. Farmers reaped
the benefits on a large scale. Farmers are now
insured from seeding to harvesting to protect them
from calamity. This government action has not
only increased farmers' self-confidence, but has
also instilled in them the confidence that even if a
natural disaster strikes, they will not be trapped in
the clutches of moneylenders.

n PMFBY was launched in February 2016.
n After 2018, 11.42 crore farmers had signed up
for the crop insurance scheme.

Farmers have paid a premium of Farmers have received
25,186 crore 1.32 lakh crore

until December 2022 so far under the Fasal Bima Yojana.

Yojana, Ustad, Hunar, and e-NAM are writing and a new dimension has been given to the
a new script for self-reliance. Working and self-reliance of the village-poor-women, as
skilled women, youth or women engaged in the model of development Mahatma Gandhi
domestic work, street vendors, every section wanted. But what the nation has achieved
of society is making a unique identity with today is only one stop, the Amrit Kaal of a
the efforts of the Central Government safe and self-reliant India continues.
for self-reliance and is also becoming an The result of the thought of empowering
inspiration for others. society is proving to be so meaningful.
The current central government's thinking This is clearly reflected in some of the
and plans to make every citizen self-reliant figures available at the end of March this
by providing a security cycle to their lives year. Recent statistics show that after the
have had a positive impact from tapping implementation of GST, Rs 18 lakh crore
the entrepreneurial nature of people to the was collected in a single financial year,
education of the children. Due to this, there Rs 16 lakh crore tax was paid, UPI made a
has been a change in the situation of security record of 14 lakh crore transactions, and
and empowerment of citizens in the country exports crossed 750 billion dollars. Defense

New India Samachar May 1-15, 2023 21