Performance of Pradhan Mantri Fasal Bima Yojana (PMFBY) in Gujarat: Uptake,Adoption & Willingness to Pay

摘要

India is an agrarian economy and agriculture is primarily a gamble of monsoon. As a result, farmers are exposed to a variety of climatic and economic risks. Millions tonnes of agricultural produce are damaged by these risk factors each year across thecountry. On account of failure of crops, indebtedness, illness, frustration, family dispute, etc., are also increasing among the farmers. The failure of crops and indebtedness are major cause of farmers' suicide across the country. Since, agriculture ishighly susceptible to natural calamities such as floods, droughts, heavy rains, hail-storm, pests/insects, diseases, etc., it is necessary to protect the farmers from the adversities which occur frequently across the country. Agricultural insurance is considered an important mechanism to address the risk of output and income resulting from various natural and manmade events. A number of crop insurance schemes like Pilot Crop Insurance Scheme (PCIS), Comprehensive Crop Insurance Scheme (CCIS), Experimental Crop Insurance Scheme (ECIS), Pilot Scheme on Seed Crop Insurance (PSSCI), Farm Income Insurance Scheme (FIIS), Sookha Suraksha Kavach (SSK), National Agricultural Insurance Scheme (NAIS), Weather Based Crop Insurance Scheme (WBCIS), etc., have beenimplemented in the country over a period of time. Looking at changing needs of the farmers, Pradhan Mantri Fasal Bima Yojana (PMFBY) is launched and implemented since Kharif 2016, replacing NAIS and modified NAIS.