The conversation between human and AI assistant.
What is Pradhan Mantri Fasal Bima Yojna (PMFBY) and how it is different from previous National Agricultural Insurance Scheme (NAIS)?
That sounds interesting. Has the scheme been effective in helping farmers?
According to reports, the number of farmers covered under the scheme has increased from around 3.7 million in 2016 to over 6 million in 2019. The scheme has also led to timely payment of compensation to farmers in case of crop damage.