CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Centre has formed a new working group for the PMFBY to roll out an overhauled PMFBY scheme from Kharif 2022. Who is the head of this panel?
A
Vipul Bansal
B
Amitesh Kumar Sinha
C
Ritesh Chauhan
D
Meera Mohanty
Explanation: 

Detailed explanation-1: -Working Group Constituted to overhaul PMFBY; Headed by Ritesh Chauhan. The Central Government has constituted a Working Group (WG) to be headed by Chief Executive Officer (CEO) of PMFBY, currently Ritesh Chauhan to roll out an overhauled Pradhan Mantri Fasal Bima Yojana (PMFBY) from Kharif 2022.

Detailed explanation-2: -Highlights of the scheme There will be a uniform premium of only 2% to be paid by farmers for all Kharif crops and 1.5% for all Rabi crops. In case of annual commercial and horticultural crops, the premium to be paid by farmers will be only 5%.

Detailed explanation-3: -The Standing Committee on Agriculture (Chair: Mr. P. C. Gaddigoudar) submitted its report on ‘Pradhan Mantri Fasal Bima Yojana – An Evaluation’ on August 10, 2021. Under Pradhan Mantri Fasal Bima Yojana (PMFBY), farmers are provided with insurance cover for crops against all non-preventable natural risks.

Detailed explanation-4: -Over 36 crore farmer applications have been insured under PMFBY, with over INR 1, 07, 059 crores of claims have already been paid under the scheme as of 4th February, 2022.

There is 1 question to complete.