The company has secured authorisation for three years from both the state governments to implement the PMFBY in six districts of Maharashtra and three districts of Karnataka, a release said. The PMFBY offers insurance cover to farmers against losses of crops during the entire cycle, from preparation of sowing to harvesting and post-harvest, due to poor yield.source https://economictimes.indiatimes.com/industry/banking/finance/insure/bharti-axa-general-gets-rs-800-cr-crop-insurance-mandate-from-maharashtra-karnataka-govts/articleshow/77126520.cms
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