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Year : 2020, Volume : 10, Issue : 4
First page : ( 23) Last page : ( 27)
Print ISSN : 2249-7803. Online ISSN : 2456-7302. Published online : 2020  30.
Article DOI : 10.5958/2456-7302.2020.00012.9

A Study on Farmers Perception and Awareness about Crop Insurance

Ganesh Bollem1M.Com, Set

1Department of Commerce, Osmania University.

Abstract

Agriculture production and farm incomes in India are frequently affected by natural disasters such as droughts, floods, cyclones, storms, landslides and earthquakes. The study on farmer’s perception and awareness of crop insurance was conducted. in telangana state north region because region receives very less rainfall compared to other part of telangana and people of this region always suffering from drought, they continue to suffer. The study revealed that average size of family among borrowers and non-borrowers was seven. Most of them are illiterate. Respondent farmers were suggested for improving existing scheme and they want quick settlement of claims which is usually taking more than one year. Around three fourth of the beneficiaries suggested to consider adverse weather condition prevailed during flowering and pod formation stage. National Agriculture Insurance Scheme (NAIS) in operation needs to be continued with modification and simplification of modalities of indemnity, loss assessment, settlement of compensation and disbursement procedure.

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Keywords

Agriculture Production, Crop insurance, National Agriculture Insurance Scheme.

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