EVALUATION OF THE PRADHAN MANTRI FASAL BIMA YOJANA (PMFBY) IN SANGLI DISTRICT

Abstract

This paper has evaluated the Pradhan Mantri Fasal Bima Yojana. In this, the awareness of farmers about crop insurance, the benefits of crop insurance, the implementation of crop insurance and the satisfaction level of farmers about crop insurance have been assessed. In this research primary data is used for research. A survey of 500 farmers in 10 talukas of Sangli district has been conducted for this research study The Z-proportional test was used to analyse the data and test these. The researcher assumed that 90% of the respondents the hypothesis was tested at a 0.9 significance level. Research paper concluded that the Therefore, the null hypothesis was accepted, indicating that 90% of the farmers in the study area are aware of PMFBY. The 41% of farmers are positive about the implementation of crop insurance scheme, 61% of farmers think that crop insurance is beneficial and 45% of farmers are satisfied with crop insurance. KEYWORDS: Agricultural, Crop Insurance, Pradhan Mantri Fasal Bima Yojana (PMFBY), Awareness, Implementation, Benefits and Satisfaction Level.