1Research Scholar (Ph. D.) and Principal Scientist, Department of Agricultural EconomicsBidhan Chandra Krishi Viswavidyalaya, Nadia-741252 (West Bengal)
2Dairy Economics, Statistics and Management Division, ICAR-National Dairy Research Institute, Karnal-132001
3Department of Agricultural Economics and ABM, Indira Gandhi Agriculture University, Raipur-492012 (Chhattisgarh)
*Corresponding author's email: shyamsingh7296@gmail.com
JELCodes: G22, G32, I13, M13, M14
In India, insurance market, especially in the agricultural sector, is usually underdeveloped. The information was gleaned from75 each adopter and non-adoptersampled farmers of livestock insurance. The results revealed that the small farmers had insured a number of animals in their herd as compare to large herds to safeguard against risk arising to secure their nutritional security and death risk. The animals insured for a sum in the range of `30, 000 to 45, 000 per animal were the highest (54.31 per cent). It is also found that livestock insurance has moved in favour of a small category of farmers to avoid risk.
Adopter farmers and non-adopter farmers, animals insured, livestock insurance, milch animals insured
