Indian Journal of Economics and Development
  • Year: 2021
  • Volume: 17
  • Issue: 1

Emerging trends, patterns of agricultural risk and insurance in Uttar Pradesh: Farm level evidence from Bundelkhand region

  • Author:
  • Sanjeev Kumar1, Sandeep Kumar Baliyan2,
  • Total Page Count: 10
  • Page Number: 35 to 44

1Assistant Professor, Department of Economics, University of Lucknow, Lucknow-226007 (UP)

2Research Associate, Department of Economics, University of Lucknow, Lucknow-226007 (UP)

*Corresponding author's email: sonubaliyan@gmail.com

Online published on 8 April, 2021.

Abstract

The study examined the emerging trends and patterns of agricultural risk and insurance in Bundelkhand region of UP at district and farm levels. The result indicated that the level of agricultural risk was exceptionally high, with high disparities among the districts. The farm-level analysis indicated the crop insurance might be a vital tool to mitigate agricultural risk. It was also suggested that there was a need to focus on specific cropping pattern, improved irrigation services, provide rural infrastructure, expansion of financial services along with effective crop insurance scheme to mitigate the agricultural risk and enhance the farmer's income.

Keywords

Agriculture risk, Crop insurance, Insurance adaptation, PMFBY