evidence: Budget 2024 LIVE news: Finance Minister Nirmala Sitharaman on Thursday said the NDA government's flagship crop insurance scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) has assisted 4 crore farmers till now. Last Budget, the FM had allocated Rs 13,625 crore for FY24. "Crop insurance has been given to 40 million farmers under the PM Fasal Bima Yojana. This assists the annadata in producing food for the country and the world. 1,361 mandis integrated with 3 trillion trading volume," said FM Nirmala Sitharaman. [...] "The government has continued its support to farmers under the crop insurance facility and intends to further strengthen the same. This will ensure penetration and awareness around insurance in rural India thereby providing a boost to the insurance industry," said Manoj Purohit, Partner & leader - FS Tax, Tax & Regulatory Services, BDO India.