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Crop Insurance Schemes in India: A Glance

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Crop Insurance Schemes in India: A Glance

Dr. Manisha | Harpreet Kaur

Dr. Manisha | Harpreet Kaur "Crop Insurance Schemes in India: A Glance" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5, August 2019, pp.480-485, URL: https://www.ijtsrd.com/papers/ijtsrd25354.pdf

Agriculture is a main stay of Indian economy. About fifty percent population of India is dependent upon agriculture sector for their sustenance notwithstanding its reduced share in GDP of India. Agricultural production is frequently affected by natural disasters like floods, earthquake, drought, cyclone etc. these events severely affect the income of the farmers through loss in agricultural production as these events are beyond the control of farmers. With the commercialization of agriculture, magnitude of loss due to these events is increasing. The important strategy which can effectively address the risk to output and farm income is agriculture insurance. Since independence the various agriculture insurance schemes have been introduced in the country. The main objective of this paper is to examine the growth and performance of agriculture insurance in India. The farmers who have insured their crops during the rabi season were 78362063 and during kharif season were 192794173 from 1999-00 to 2015-16 under the NAIS.

Agriculture, Agriculture Insurance, NAIS, WBCIS, Growth and Performance

Volume-3 | Issue-5, August 2019
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

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