Agricultural Insurance and its Reach and Spectrum in India

Authors

  • Debisree Banerjee Assistant Professor, Naba Ballygunge Mahavidyalaya, Kolkata

DOI:

https://doi.org/10.33516/maj.v55i10.96-99p

Keywords:

No Keywords.

Abstract

In India agricultural insurance has been operating in India for a very long period of time, but it faced two major challenges. Firstly, low level of participation from the farmers and secondly continuous loss in operation for the implementing agency. These two limitations caused too much of experimentation with agricultural insurance in India. This paper attempts to study majorly these two aspects of agricultural insurance in India.

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Published

2020-10-31

How to Cite

Banerjee, D. (2020). Agricultural Insurance and its Reach and Spectrum in India. The Management Accountant Journal, 55(10), 96–99. https://doi.org/10.33516/maj.v55i10.96-99p

Issue

Section

Agriculture

References

Abdulmalik, R.O., Oyinbo O. and Sami R.A. (2013), ‘Determinants of crop farmers participation in Agricultural Insurance in the Federal Capital Territory, Abuja, Nigeria’, Greener Journal of Agricultural Sciences, vol 2(3), January 2013, pp 021-026.

Banerjee, D. and Bhattacharya, U. (2011), ‘Innovations in Agricultural Insurance in India: Retrospect and Prospect’, Indian Journal of Agricultural Economics, Vol. 66, No. 3, July Sept, 2011, pp 457- 471.

Banerjee D. (2020), ‘Agricultural Insurance Schemes in West Bengal: Assessment and Entrepreneurship Opportunities’, ‘Enterprising Agriculture Market Awareness Farm Innovation and Value Addition’, ISBN: 978-93-89130-45-4, Nipa India Publishing Agency, New Delhi, pp 81-100.

Dandekar, V.M. (1985) ‘Crop Insurance in India: A Review, 1976-77 to 1984- 85’, Economic and Political weekly, June, ppA46-A59.

FAO, Report on Agricultural Insurance in Asia and in Pacific Region, RAP Publications 2011 12, Thailand, 2011, pp- 16.

Ministry of Finance, Government of India, Economic Survey (2018 19) New Delhi.

Swain M. (2014), “Crop Insurance for Adaptation to Climate Change in Indiaâ€, Asia Research Centre, Working Paper 61. London ,UK.

Leblois A., Quirion P. and Sultan (2013), ‘Weather Index Based insurance for cash crop production : ex- ante evaluation for cotton producers in Cameron’, http://antoine.leblois.free.fr/ CottonCam_2013_v02.pdf, January 2013, pp 1-40.

Gulati, A., Terway, P. and Hussain, S. (2018), “Crop Insurance in India: Key Issues and Way Forwardâ€, Working paper no. 352, Indian Council for Research on International Economic Relations.

Sites consulted

Agriculture Insurance Company of India Ltd., www.aicofindia.org.

Agricultural Census, www.agcensus.nic.in.

Planning Commission, http://planningcommission.gov.in/.

Indiastat.,https://www.indiastat.com/.

Food and Agriculture Organization of United Nations., http://www.fao.org

Pradhan Mantri Fasal Bima Yojana., https://pmfby.gov.in/

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