THEBUSINESSBYTES
BUREAU
BHUBANESWAR,
JULY 8, 2026
In a major farmer-friendly
initiative ahead of the upcoming Kharif season, the Cooperation Department of
the Government of Odisha has notified the implementation of the Pradhan Mantri
Fasal Bima Yojana (PMFBY) for Kharif 2026, offering eligible farmers free crop
insurance coverage for up to five acres.
The flagship crop
insurance scheme aims to provide comprehensive financial protection against
crop losses caused by natural calamities such as drought, dry spells, floods,
inundation, cyclones, hailstorms, landslides and lightning.
The notified crops
under PMFBY Kharif 2026 include paddy, maize, groundnut, ragi, cotton, red
gram, ginger and turmeric in designated areas across the state.
The standout feature
of the scheme this year is that eligible farmers can avail insurance coverage
completely free of cost for up to five acres by paying only a nominal ₹1 per plot towards account
validation. The entire insurance premium on behalf of farmers
will be borne by the Odisha Government with support from the Government of
India.
The scheme is open to
all categories of farmers, including loanee farmers, non-loanee farmers and
sharecroppers.
Loanee farmers can
enrol through their respective PACS/LAMPCS or concerned bank branches, while
non-loanee farmers can register through Common Service Centres (CSCs),
Cooperative Banks, Commercial Bank branches, Insurance Intermediaries or
approved digital platforms.
Aadhaar number or
Aadhaar enrolment proof is mandatory for enrolment. Farmers have been advised
to keep their land records, bank account details and crop-related documents
ready. Officials of PACS/LAMPCS will extend necessary assistance during the
enrolment process.
Apart from protecting
standing crops, the scheme also covers localized calamities and post-harvest
losses, providing wider insurance protection than many conventional crop
insurance options.
The last date for enrolment under PMFBY Kharif 2026 is July 31, 2026. Farmers cultivating notified crops in notified areas have been urged to complete their registration well before the deadline.
For assistance, farmers may approach their nearest PACS/LAMPCS, bank branch, CSC, ARCS, DRCS, CDAO office or insurance representatives.