Which scheme is launched by Finance Minister Arun Jaitley for farmers on March 22, 2016

2016

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Pradhan Mantri Fasal Bima Yojana
B	Sampoorna Grameen Rozgar Yojana
C	Pradhan Mantri Gram Sadak Yojana
D	Krashak Mitra Yojna

Explanation:

Detailed explanation-1: -Ministry of Finance, Government of India conducted a “Seminar on Pradhan Mantri Fasal Bima Yojana (PMFBY) & Unified Package Insurance Scheme (UPIS)” in NABARD Head Office auditorium on Tuesday, 22 March 2016. The seminar was presided over by Shri Arun Jaitley, Hon’ble Finance Minister, Govt.

Detailed explanation-2: -The Government has rolled out a number of new initiatives like Soil Health Card Scheme, Neem Coated Urea, Paramparagat Krishi Vikas Yojana (PKVY), Pradhan Mantri Krishi Sinchayee Yojana (PMKSY), National Agriculture Market (e-NAM), Pradhan Mantri Fasal Bima Yojana (PMFBY) and Interest Subvention Scheme.

Detailed explanation-3: -National Agricultural Insurance Scheme (NAIS): To enlarge the coverage in terms of farmers (loanee and non-loanee both), more crops and more risks, ‘National Agricultural Insurance Scheme (NAIS) – (Rashtriya Krishi Bima Yojana)’ was introduced in Rabi 1999-2000 season in the country.

Detailed explanation-4: -Four insurance schemes are being implemented namely, Pradhan Mantri Fasal Bima Yojana (PMFBY), Weather Based Crop Insurance Scheme (WBCIS), Coconut Palm Insurance Scheme (CPIS) and Pilot Unified Package Insurance Scheme (UPIS) (45 districts).

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