Context: According to the State of Marginal Farmers of India 2024 survey, over 50% of marginal farmers have reported losing at least half of their standing crops due to severe weather conditions.
Key findings of Report
oRole of PMFBY: The Pradhan Mantri Fasal Bima Yojana (PMFBY) supported agricultural resilience, with approximately 35% of surveyed marginal farmers enrolled.
oRole of PMKSNY: About 83% of surveyed farmers received government grants or subsidies, primarily through the Kisan Samman Nidhi.
o27% of households accessed bank loans in the past, according to surveyed farmers.
State of Marginal Farmers of India 2024