The PMFBY significantly reduces the financial risks faced by farmers due to unpredictable weather events and natural disasters. It ensures timely compensation for crop losses, helping farmers avoid debt traps. However, the scheme excludes losses caused by war, nuclear risks, riots, and preventable risks. Farmers in regions prone to extreme weather events, such as cyclones and floods, stand to benefit the most from this initiative. The campaign also aims to increase awareness and accessibility of the scheme, particularly in rural areas.