Question

Since Kharif 2020, enrollment under PMFBY was made voluntary even for loanee farmers, who avail institutional crop loans and were earlier compulsorily enrolled in the scheme by their lending bank. This change was primarily intended to:

Q: Answer-Since Kharif 2020, enrollment under PMFBY was made voluntary even for loanee farmers, who avail inst...

Since Kharif 2020, PMFBY enrollment was made voluntary for all farmers, including loanee farmers who take crop loans from banks and were earlier automatically and compulsorily enrolled, giving farmers greater freedom to choose whether or not to opt for crop insurance coverage based on their own risk assessment.