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Weather based crop insurance scheme: opportunities and challenges

Author Affiliations

  • 1ICAR-Indian Institute of Soil and Water Conservation, Research Centre, Ballari-583 104, Karnataka, India
  • 2Department of Agricultural Economics, UAS, Dharwad-580005, Karnataka, India
  • 3ICAR-Indian Institute of Soil and Water Conservation, Research Centre, Ballari-583 104, Karnataka, India
  • 4ICAR-Indian Institute of Soil and Water Conservation, Research Centre, Ballari-583 104, Karnataka, India

Int. Res. J. Social Sci., Volume 9, Issue (4), Pages 56-59, October,14 (2020)


Agriculture contribution to Indian economy was enormous and play important role in providing employment to nearly about 50-60 percent. But, agriculture is uncertain especially for small land holders since weather and climatic uncertainty with irregular monsoon, and natural disasters along with risk involved in inputs have a considerable impact on yields. Further, Agriculture production and productivity was highly depending on weather and climatic factors which are behind the human control. Reduction of weather related risk experienced by farmers was most difficult task. Loss in farmers crop yields due to adverse weather conditions was successfully addressed by weather insurance and it provide insurance protection to farmers especially in adverse situations. Despite government efforts to implement the scheme to whole country, penetration of the scheme among farming community was very low and unattractive. Hence, Broad based product need to be introduced which cover maximum perils and simultaneously private firms participation need to be encouraged to provide service to farming community. In addition, with proper training and capacity building program along with improved inputs, advanced technologies and weather infrastructure could protect the interest of farmers and also minimize the risk in agriculture.


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