Jana Small Finance Bank

Bihar and West Bengal, known for their production of rice, wheat, and maize, will be joining the Pradhan Mantri Fasal Bima Yojana (PMFBY) next season. This scheme offers subsidized insurance against crop damage caused by natural disasters. Currently, 25 states and Union Territories are already implementing the scheme, with a budget of Rs 12,200 crore allocated for the current fiscal year.