Govt readies farm safety net with banks, insurers as El Nino looms
Published on: June 18, 2026, 12:11 a.m. | Source: The Economic Times
The government is enhancing financial safety nets for rural families. This initiative aims to cushion the impact of El Nino on farming. Efforts include improving loan access, expanding crop insurance, and speeding up claim payouts. Technology like satellite data will be utilized. The Pradhan Mantri Fasal Bima Yojana is also under review for broader coverage.
