IDEAS home Printed from https://ideas.repec.org/a/fas/journl/v9y2019i1p46-68.html
   My bibliography  Save this article

On Improving Awareness about Crop Insurance in India

Author

Listed:
  • Subhankar Mukherjee

    (Indian Institute of Management Calcutta, subhankarm13@iimcal.ac.in)

  • Parthapratim Pal

    (Indian Institute of Management Calcutta, parthapal@iimcal.ac.in)

Abstract

Income from agriculture is volatile and crop insurance can be a means to mitigate this volatility. In India, however, the coverage of crop insurance is very low. Attempts by the government to increase coverage have primarily been through premium subsidies. Although the literature points to several factors responsible for low take-up of crop insurance, most of these studies are based on crop insurance products designed by private organisations. These products are fundamentally different from public crop insurance schemes. While active marketing and campaigning are done for private crop insurance products, there is almost no campaigning for government-sponsored schemes. Corroborating this, countrywide survey data show lack of awareness as the primary reason for not insuring crops. This paper looks at the factors that are associated with awareness about crop insurance. Its main findings are that farmers who obtained technical advice and/or attended agricultural training are more likely to be aware, and that higher financial inclusion does not help in improving awareness. These results are robust after controlling for other possible confounding variables. The results suggest that strengthening agricultural extension services may be critical for improving awareness and, in turn, coverage of crop insurance in India.

Suggested Citation

  • Subhankar Mukherjee & Parthapratim Pal, 2019. "On Improving Awareness about Crop Insurance in India," Journal, Review of Agrarian Studies, vol. 9(1), pages 46-68, January-J.
  • Handle: RePEc:fas:journl:v:9:y:2019:i:1:p:46-68
    as

    Download full text from publisher

    File URL: http://ras.org.in/conference_on_women_s_work_in_rural_economies
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Rakeshkumar Mahto & Deepak Sharma & Reshma John & Chandrasekhar Putcha, 2021. "Agrivoltaics: A Climate-Smart Agriculture Approach for Indian Farmers," Land, MDPI, vol. 10(11), pages 1-28, November.
    2. Rajesh Tiwari & Khem Chand & Bimal Anjum, 2020. "Crop Insurance in India: A Review of Pradhan Mantri Fasal Bima Yojana (PMFBY)," FIIB Business Review, , vol. 9(4), pages 249-255, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fas:journl:v:9:y:2019:i:1:p:46-68. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Prof. VK Ramachandran (email available below). General contact details of provider: http://www.ras.org.in .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.