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.

The Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino. This review will focus on potential stress on…

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,…