Haryana Bhavantar Bharpai Yojana (BBY) Price Assurance
Price deficit insurance compensating horticulture farmers if market price drops below benchmark cost.
Sum Insured / Cover
Direct Calamity Compensation / Input Subsidy
Annual Premium
100% Free / Subsidized by State Disaster Fund
Claim Settlement
95.2% (Direct DBT)
Network / Scope
All-India Empaneled
✦ Key Benefits & Policy Coverage
Price deficit insurance compensating horticulture farmers if market price drops below benchmark cost. Transparent compensation disbursed directly into farmer Aadhaar-linked bank accounts upon local revenue panchnama.
What is Missing: Critical Policy Exclusions & Limitations
Eligo disclosure: Private insurance agents and official ads rarely mention these limitations. Verify before relying on this coverage.
Requires minimum 33% verified crop damage. Individual non-notified crops not listed in district calamity notification are excluded.
✦ Eligibility Requirements
Farmers cultivating notified crops in disaster-affected blocks verified by Revenue & Agriculture Departments.
✦ Application, Enrollment & Claims Process
1. Report crop loss to Village Administrative Officer / Patwari within 72 hours.
2. Participate in joint field survey (Panchnama).
3. Compensation credited via DBT to linked bank account.Official Portal
Official Government / PSU Portal
Apply or verify on the official administrative domain
✦ Documents Checklist
Aadhaar Card, Land Record Extract, Bank Passbook, Self-Declaration of Sowing.
✦ Life Situations Where This Scheme Helps
Underwriting Entity & Public Grievance Contact
Administering Body:
Government of India