Impact of Crop Insurance on Rice Farming in Tamil Nadu

Crop insurance serves as an effective institutional mechanism to cope with production risks. The study has assessed the impact of crop insurance on rice farming in Tamil Nadu. The crop insurance has effectively absorbed production risk and has given impetus to crop specialisation. It has also influenced the use of high-value inputs, which in turn has contributed towards enhancing returns from farming. Factors such as access to credit, education, off-farm income, etc. have significantly influenced the adoption of crop insurance.