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An Evaluation Of National Agricultural Insurance Scheme In India


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  • Product Description

The credit for pioneering work on Crop Insurance in India goes to ‘S Chakravarti’ who in 1920, proposed an Agricultural Insurance Scheme based mainly on the rainfall approach. The ‘National Agricultural Insurance Scheme (NAIS) with effect from 1999-2000, by improving the scope & content of the erstwhile CCIS. Agriculture insurance provides financial security to the person engaged in agriculture and allied activities. The study observed that most of the farmers do not participate willingly in crop insurance schemes. Farmers expect to receive alternative payment from the government in catastrophic year/crop failure years irrespective of premium payments but the delay in claim payments is one of the reasons for farmer’s unwillingness for participation in the scheme. There is need to maintain a reserve fund for the operation of agriculture insurance scheme by the Agriculture Insurance Company (AIC) of India. The budgetary provision for crop insurance by the states will also help in solving the problem of delay in claims payment. There is need to create awareness among farming community about the crop insurance for increasing the participation.

Product Specifications
SKU :COC63899
AuthorPoonam Patwardhan,Vinayak Bhise and Sunil Narwade
Number of Pages108
Publishing Year2013-07-20T00:00:00.000
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-08 00:00:00