Funds Allocation for PMFBY and PMKSY Explained in Rajya Sabha

Budgetary allocation for implementing various schemes of Government are made on the basis of available resources and priorities with the approval of Parliament. 

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SMEStreet Edit Desk
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Sardar Sarovar Dam, Narendra Modi, Gujarat

Budgetary allocation for implementing various programmes/schemes of the Government are made on the basis of available resources and priorities with the approval of Parliament.  There has been unprecedented  increase in  Budgetary allocation  to this Department  during the last few years are given below:

(Rs.  in crore)

Name of Department 2018-19 2019-20 2020-21
 

DAC&FW

46700.00 130485.21 134399.77

 

 
S.No Year Per Drop More Crop

component of PMKSY

(Rs crore )

Pradhan Mantri Fasal Bima Yojana (PMFBY)

(Rs crore )

1. 2016-17 2340.00 5501.15
2. 2017-18 3400.00 9000.75
3. 2018-19 4000.00 13014.15
4. 2019-20 3500.00 14000.00

This information was given in a written reply by the Union Minister of Agriculture and Farmers Welfare Shri Narendra Singh Tomar in Rajya Sabha.

PMFBY PMKSY