Skip to content
Research Article Open access CC BY 4.0

Problems, Prospects and Policy Recommendations of Crop Insurance Schemes

Meenu Punia, Parveen Kumar Nimbrayan, K. K. Yadav

Asian Journal of Agricultural Extension, Economics & Sociology · pp. 1–9 · Published 17 May 2021

10.9734/ajaees/2021/v39i530572

Abstract

This paper discusses the findings of the study in the area of crop insurance. Firstly it studied the problems faced under PMFBY, secondly examines prospects of given scheme. The study was conducted in six districts of Haryana namely, Kaithal, Bhiwani, Karnal, Hisar, Panipat and Fatehabad. The study showed the results of a survey of 240 farmers being carried in June 2018 to September, 2018. Constraints generally faced by the borrower farmers like delay in claim settlement (21.66%), inaccurate yield estimation (20.83%), inadequate implementation (20.00%), lack of awareness about the scheme and exclusion of a malicious damage, theft and grazed and destroyed by domestic animals etc. as 3.33 per cent as major constraints. Majority of non-borrower farmers faced constraints like claim paid for loss assessment (20.83%) as highest per cent, lack of faith in insurance system (19.17%) and inadequate implementation (16.67%).

Crop insurance problems prospects policy PMFBY production risks

Cited by 3

DYNAMICS OF PUBLIC-PRIVATE PARTNERSHIP IN FUNCTIONING OF CROP INSURANCE

Ananth Kumar, Dr. Muralidhar L B · International Journal of Research and Analytical Reviews · 2024

Light GBM Algorithm based Crop Recommendation by Weather Detection and Acquired Soil Nutrients

R Jaichandran, T. Murali Krishna, Sri Harsha Arigela · 2022 International Conference on Power, Energy, Control and Transmission Systems (ICPECTS) · 2022

Factors influencing agricultural insurance acceptance among rice farmers in the poorest Region of Luzon, Philippines: A multinomial model analysis

Mery Joy L. Bon, Nicole B. Villaralbo, Danica R. Beltran · Development and Sustainability in Economics and Finance · 2025

Article metrics

Real usage data collected on this platform.

0

Page views

0

PDF downloads

0

Outbound clicks

3

Citations

Views by country

Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".

No views recorded yet.

Traffic sources

Referring site, by host.

No traffic recorded yet.

Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.