30 DAYS SCHEME CHALLENGE | DAY 02: PM-FBY EXPLAINED | NABARD GRADE A 2026
PM-FBY is one of the most important government schemes for NABARD Grade A 2026, and it is asked again and again in Agriculture and Rural Development and current affairs. In Day 02 of the 30 Days Scheme Challenge, we explain PM-FBY from start to finish, so that you can answer any question on it with confidence. If you missed Day 01 on PM-KISAN, watch it first and then continue with this video to stay on track with the challenge.
PM-FBY stands for Pradhan Mantri Fasal Bima Yojana, the flagship crop insurance scheme of the Government of India under the Ministry of Agriculture and Farmers Welfare. It was launched in January 2016 to protect farmers against crop loss caused by natural calamities, pests, and diseases. In this video, we explain what PM-FBY is, its objectives, the risks it covers, the premium rates paid by farmers, how claims are settled, the role of technology, and how PM-FBY connects to NABARD and rural credit. We also cover the facts that NABARD Grade A examiners test most, along with the current affairs angle.
In this video on PM-FBY, you'll understand :-
1. What the 30 Days Scheme Challenge is and how Day 02 fits into it
2. What PM-FBY (Pradhan Mantri Fasal Bima Yojana) is and its objectives
3. Launch year, ministry, and implementing agencies of PM-FBY
4. The stages of crop loss covered under PM-FBY
5. Farmer premium rates for Kharif, Rabi, and commercial and horticultural crops
6. How claims are assessed and settled, and how technology is used
7. How PM-FBY connects to NABARD, agricultural credit, and rural development
8. Previous year style questions on PM-FBY for NABARD Grade A 2026
Thirty days of steady effort on government schemes can give you what months of random reading never will. Watch this video till the end, note down the key facts of PM-FBY, and come back tomorrow for Day 03 of the challenge.
Useful for NABARD Grade A, NABARD Grade A 2026, PM-FBY, Pradhan Mantri Fasal Bima Yojana, Government Schemes, Crop Insurance, Agriculture and Rural Development, Current Affairs, and every aspirant who wants to master government schemes for this exam.
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