This presentation provides an in-depth exploration of the Pradhan Mantri Fasal Bima Yojana (PMFBY), launched in 2016 to address agricultural risk through innovative insurance solutions. We will discuss the program's framework, including its use of the Area Yield Index approach, economic structure with government subsidies, and technological advancements like AI-driven yield estimation. Insights into its performance, adoption patterns across states, and future-oriented strategies such as...