Crop insurance is a formal and most effective way to mitigate the agricultural risk of farmers. The Indian government has introduced many crop insurance schemes before independence as well as after independence. The prime objective of this paper is to analyze the performance of Pradhan mantri fasal Bima Yojana State wise and season wise from 2016 to 2020. The performance is measured in terms of number of loanee farmers covered, number of non loanee farmers covered, area insured, sum insured, premium collected, claim payment and number of farmer's benefited from 2016 to 2020. A simple percentage analysis has been applied and found that only some States are getting for benefit from this scheme like Madhya Pradesh, Rajasthan, Maharashtra, and Uttar Pradesh. The study concludes that the scheme is far away from the objectives set at the time of implementation of this scheme but participation has been increased constantly.