Remove cap of central share on pemium subsidy under PMFBY : Stalin urges PM

Tamil Nadu Chief Minister M K Stalin urged Prime Minister Narendra Modi to remove the capping of Central share of
premium subsidy under PMFBY and revert to 49:49:2 ratio premium share for the welfare of the Farming Community in the State.

In a Demi-Official letter to Modi, copies of which were released to the media, Stalin said the state government has been taking a slew of measures to uplift the economic status of farmers by implementing farmer oriented welfare schemes with a comprehensive vision.

He said the “Pradhan Mantri Fasal Bima Yojana” (PMFBY), which is one of the flagship schemes that provides a handholding support to the farmers at the time of any unforeseen eventualities, is successfully implemented
by Tamil Nadu, which has witnessed a huge growth in terms of area insured and farmers’ enrolment due to the sincere efforts and best practices adopted by the State under the scheme.”

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