Abstract
India is basically an agrarian economy and agriculture is the principal source of livelihood for more than 58% of the population (Department of Agriculture & Cooperation, and Ministry of Agriculture). It contributes majorly India's GDP and supports many other sectors of the economy. Nearly 70% of the population in the State of Jammu and Kashmir and gets its livelihood directly or indirectly from agriculture and agro-industries. However, in the recent past the state has witnessed a gradual slump in Gross State Domestic Product (GSDP) from this sector which is attributed to low productivity, yield stagnation, droughts, lack of irrigation facilities and others. Various crop insurance schemes launched by The Government of India have failed in providing any kind of relief to the small and marginal farmers of the state, owing less than 2 hectares of land. The study looks into the shortfalls in the crop insurance policies in Jammu district from the perspective of its stakeholders like farmers, bankers and insurance agencies. Both secondary and primary data have been used for the study. The secondary data have been taken from the banks, insurance agencies, Agriculture Department in Jammu. For the primary data, interviews of 20bank employees and agriculture department employees were conducted. Apart from that focus group discussions with 85 farmers from different blocks were conducted. Finally thematic analysis was used to analyse the data. Previous work done in this direction has not really talked about the shortfalls in crop insurance in Jammu district in particular. Most of the studies in this area have been done in south India.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.