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PM Fasal Bima Yojana: Rajasthan farmers are set to see major changes in the Pradhan Mantri Fasal Bima Yojana (PMFBY) in 2026, with the new tender process introducing lower premium rates, greater use of technology and stricter accountability for insurance companies.
According to the figures provided for Rajasthan’s new tender, the average gross premium rate has fallen from 9.63% to 1.19%. The total premium amount payable by farmers is expected to decline from around ₹979.15 crore to approximately ₹645 crore, resulting in estimated savings of about ₹335 crore.
The new system also introduces measures related to YES & TECH-based crop-yield assessment, faster policy delivery, survey transparency and penalties for delays in claim settlement.
🔎 PM Fasal Bima Yojana 2026: Key Highlights
- 🌾 Average gross premium rate: 1.19%, down from 9.63%
- 💰 Estimated farmer savings: Around ₹335 crore
- 🏘️ Rajasthan districts covered: 41
- 📍 Clusters created: 8
- 🏢 Maximum clusters for one insurance company: 2
- 📱 Technology: YES & TECH to support crop-yield assessment
- 📄 Policy copy: To be provided within 7 days of issuance
- ⚖️ Delayed claim settlement: 12% annual interest provision
- 👨🌾 Survey report: Copy to be provided to the farmer
🌱 What Has Changed in PM Fasal Bima Yojana 2026 in Rajasthan?
The new tender for the Pradhan Mantri Fasal Bima Yojana 2026 in Rajasthan focuses on three major areas: reducing the financial burden on farmers, improving the use of technology and increasing the accountability of insurance companies.
The 41 districts covered under the new tender have been divided into eight clusters. A single insurance company can be allocated a maximum of two clusters.
The cluster-based approach is intended to encourage competition among insurers and improve the delivery of crop insurance services to farmers.
💰 PMFBY Premium Rate Reduced From 9.63% to 1.19%
One of the biggest changes is the reduction in the average gross premium rate.
According to the figures supplied for the new tender:
| Particular | Previous Tender | New Tender |
|---|---|---|
| Average gross premium rate | 9.63% | 1.19% |
| Premium amount payable by farmers | ₹979.15 crore | Approx. ₹645 crore |
| Estimated farmer saving | — | Approx. ₹335 crore |
| Rajasthan districts | 41 | 41 |
| Clusters | — | 8 |
| Maximum clusters per insurer | — | 2 |
The reduction is expected to provide significant financial relief to farmers participating in the crop insurance programme.
The figures indicate an estimated saving of around ₹335 crore for farmers. Since the new premium amount is described as approximately ₹645 crore, the saving should be treated as an estimate rather than an exact calculation.
📡 YES & TECH to Make Crop-Yield Assessment More Scientific
Technology is another major focus of the new system.
The YES & TECH technology has been incorporated into the PM Fasal Bima Yojana process in Rajasthan for 2026, according to the supplied information. Its purpose is to make crop-yield assessment more scientific, transparent and data-driven.
For wheat and soybean, crop-cutting experiments and YES & TECH-based data will receive equal weightage in the assessment, with a 50:50 ratio.
For other selected crops in future applications, the proposed ratio will be 70:30.
The greater use of technology could help reduce manual intervention and improve the consistency of crop-yield assessment used for insurance claims.
🏢 New Rules to Increase Insurance Company Accountability
The new tender also contains provisions aimed at making insurance companies more accountable.
A 2% bid security, subject to a maximum limit of ₹100 crore, has been provided. A 5% performance security provision has also been included.
These requirements are intended to strengthen financial and administrative responsibility during implementation of the crop insurance programme.
⚖️ Penalties for Delays and Negligence
The new provisions also focus on timely services for farmers.
For post-harvest losses, a penalty of up to ₹20,000 per unit may apply if a surveyor is not appointed within 48 hours.
A ₹1,000 penalty per complaint is also provided where the required survey is not conducted within the stipulated period.
Most importantly, where an insurance claim is not settled within the prescribed timeframe, the insurance company will be liable to pay 12% annual interest, according to the supplied tender provisions.
These measures are designed to discourage unnecessary delays and strengthen accountability.
📄 Farmers to Get Insurance Policy Within 7 Days
Another important provision concerns documentation.
The insurance company will be required to provide the farmer with a copy of the insurance policy within seven days of its issuance.
This can make it easier for farmers to maintain proof of their insurance coverage and understand the policy associated with their crop.
👨🌾 Farmers Will Receive a Copy of the Survey Report
Transparency in post-harvest loss assessment has also been strengthened.
Under the new arrangement, three copies of the survey form will be prepared:
- 📄 One copy for the farmer
- 🏛️ One copy for the Agriculture Department
- 📁 One copy for the surveyor’s records
Providing a copy directly to the farmer gives them documentary evidence of the crop-loss assessment and can improve transparency in the claim process.
👨💼 Technical Staff to Be Appointed in Every District
The new system also provides for technically qualified staff at the district level.
An insurance company employee with technical competence will be appointed in each district and will work under the Joint Director of Agriculture (Extension), according to the supplied information.
Two officials are also proposed for deployment at the Agriculture Commissionerate.
The objective is to improve coordination, address farmer concerns and support faster implementation of the insurance scheme.
📊 Cap-and-Cap 60:130 Model to Continue
The existing 60:130 “cap-and-cap” model will continue under the new system, according to the article information.
Farmers will continue to receive provisions covering eligible situations such as:
- 🌱 Failed or prevented sowing during the Kharif season
- 🌾 Post-harvest losses during Kharif
- 🌾 Post-harvest losses during Rabi
- 🛡️ Other eligible crop-loss risks covered under PMFBY
The exact benefits available to an individual farmer depend on the applicable crop, area, notified conditions and policy provisions.
🌾 Why Is the New PMFBY System Important for Farmers?
The 2026 changes in Rajasthan are significant because they combine lower premium rates with technology and stronger accountability provisions.
The biggest financial change is the reported fall in the average gross premium rate from 9.63% to 1.19%.
At the same time, measures such as YES & TECH, seven-day policy delivery, farmer access to survey reports and interest on delayed claims are intended to make the insurance process more transparent and responsive.
For farmers, the key takeaway is that the new system aims to make crop insurance more affordable, technology-driven and accountable.
📌 PM Fasal Bima Yojana 2026 Changes at a Glance
| Feature | New Provision |
|---|---|
| Average gross premium rate | 1.19% |
| Previous average gross premium rate | 9.63% |
| Approx. premium amount payable by farmers | ₹645 crore |
| Estimated farmer savings | ₹335 crore |
| Districts | 41 |
| Clusters | 8 |
| Maximum clusters per insurer | 2 |
| Policy copy | Within 7 days of issuance |
| Delayed claim provision | 12% annual interest |
| Crop-yield technology | YES & TECH |
| Survey report | Copy to be provided to farmer |
❓ PM Fasal Bima Yojana 2026 FAQs
1. What is the major change in PM Fasal Bima Yojana 2026 in Rajasthan?
The major reported change is a sharp reduction in the average gross premium rate under Rajasthan’s new 2026 tender, from 9.63% to 1.19%. The new system also includes technology-based crop assessment, stronger insurer accountability and measures intended to speed up claim-related services.
2. What is the new PMFBY premium rate in Rajasthan?
According to the supplied figures, the average gross premium rate has fallen to 1.19% from 9.63% under the new tender. The total premium amount payable by farmers is estimated at approximately ₹645 crore.
3. How much will Rajasthan farmers save under the new PMFBY tender?
The supplied figures estimate that farmers will save approximately ₹335 crore because of the reduction in the premium amount. The figure is an estimate based on the tender-related amounts provided.
4. What is YES & TECH in PM Fasal Bima Yojana?
YES & TECH is a technology-based approach used to support crop-yield assessment. In the Rajasthan 2026 arrangement described here, wheat and soybean assessment will use a 50:50 weighting between crop-cutting experiments and YES & TECH-based data.
5. When will farmers receive their PMFBY insurance policy copy?
Under the new provision described in the tender, the insurance company must provide the farmer with a copy of the insurance policy within seven days of its issuance.
6. What happens if a PMFBY claim is delayed?
According to the supplied provisions, if an eligible claim is not settled within the prescribed timeframe, the insurance company will be liable to pay 12% annual interest for the delay.
7. Will farmers receive a copy of the crop-loss survey report?
Yes. The new arrangement provides for three copies of the survey form, with one copy being provided to the farmer, one going to the Agriculture Department and one retained by the surveyor.
8. How many districts and clusters are covered under Rajasthan’s new PMFBY tender?
The new tender divides 41 Rajasthan districts into eight clusters. A single insurance company can be allocated a maximum of two clusters, according to the supplied information.
📝 Bottom Line
The Pradhan Mantri Fasal Bima Yojana 2026 changes in Rajasthan bring together lower reported premium rates, greater use of technology and stricter provisions for insurance-company accountability.
The reduction in the average gross premium rate from 9.63% to 1.19% is the most notable financial change, with estimated farmer savings of around ₹335 crore.
For farmers, the introduction of YES & TECH, seven-day policy delivery, survey-report access and 12% annual interest on delayed claim settlement could make the crop insurance process more transparent and accountable.
Before publishing, verify the tender figures and provisions against the latest official Rajasthan Agriculture Department/PMFBY notification, especially the ₹335 crore saving, 1.19% premium rate, YES & TECH ratios and penalty provisions.
