Knowledge and Attitude of Farmers towards Pradhan Mantri Fasal Bima Yojana (PMFBY)

Abstract

Pradhan Mantri Fasal Bima Yojana, which is a kind of a “One Nation-One scheme” launched in the year 2016. PMFBY provides a widespread insurance cover against failure of the crops and helps in stabilizing the income of the insured farmers. The present study was conducted in Washim, Malegaon and Risod taluka of Washim districts from Vidharbha region of Maharashtra state, with an objective to the “Knowledge of Farmers about Pradhan Mantri Fasal Bima Yojana”. Total twelve village selected in ten respondents of non-loanee farmers from each village were selected purposively to comprise a sample of 120 respondents of non-loanee for study. The important studies were that Majority of the respondents had medium level of knowledge about Pradhan Mantri Fasal Bima Yojana (72.50%), Majority i.e., 65.83% of the respondents belongs to moderately level of attitude towards Pradhan Mantri Fasal Bima Yojana.