The Pradhan Mantri Fasal Bima Yojna (PMFBY) is a crop insurance program for smallholder farmers in India. It is implemented by the Government of India (GoI) in partnership with State governments and insurance companies. The program is highly subsidized with farmers paying premiums in the range of 1.5% to 5% depending on the crop.
The objective of this project was to test the feasibility of addressing these hurdles and make PMFBY more inclusive through technology. It sought to evaluate the effectiveness of mobile phone campaigns and satellite-based remote sensing data to: 1) Improve financial awareness and literacy among farmers to promote the use of PMFBY and familiarize them with the claims process 2) Enhance farmers’ access to insurance payouts under the prevented sowing and mid-season calamities payment stipulations of PMFBY.
Managed by Frankfurt School
GRMA hosted by ISF
