Punjab to come up with own crop insurance scheme

The has decided to come up with its own crop Insurance policy, rather than implementing the Centres Pradhan Mantri Fasal Bima Yojana (PMFBY).

The main reason being cited for the state governments resistance to joining the PMFBY was that the scheme was optional and farmers not willing to opt for crop insurance would have to be paid compensation for crop loss by the state government through disaster relief funds. However, it is also a fact that the announcement comes in wake of the widening political gap between the states ruling party Aam Aadmi Party and the BJP at the Centre.