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05May 2025

UGI USER
Agrarian Crisis Agricultural Policy Crop Insurance crop protection Farm Subsidy Farmer Welfare Maharashtra Farmers Re 1 Insurance Scheme Rural Economy State Government Schemes
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Maharashtra Scraps Re 1 Crop Insurance Scheme

Maharashtra Scraps Re 1 Crop Insurance Scheme Why in the News ? Maharashtra has discontinued its Re 1 crop insurance scheme, introduced in 2023, due to rampant fraudulent claims. The state has reverted to the Pradhan Mantri Fasal Bima Yojana (PMFBY), where premiums are calculated as a percentage of the sum assured. Background of the …