Climate change poses significant risks to agricultural systems worldwide, particularly in developing countries where smallholder farmers have limited adaptive capacity. This study examines the socioeconomic and demographic factors influencing climate risk management practices among smallholder farmers in two contrasting regions of India: the flood-prone Alappuzha district in Kerala and the drought-affected Gondia district in Maharashtra. Using data collected from 150 rice farmers, the research analyzes economic, social, technical, and physical dimensions shaping adaptive responses. Key findings reveal significant regional disparities in adaptive strategies. Alappuzha farmers exhibit greater resilience due to higher incomes, better compensation mechanisms, and stronger community networks. Their strategies primarily involve strengthening bunds, improving drainage infrastructure, adopting flood-resistant rice varieties, and relying on formal credit for support. Conversely, Gondia farmers face lower adaptive capacity, driven by limited access to credit, inadequate compensation, and weaker institutional support. Their climate risk management approaches include drip irrigation, planting drought-resistant crop varieties, and pursuing income diversification to reduce vulnerability. Education levels, access to insurance, and the use of localized weather information also play crucial roles in shaping adaptive capacity across both regions. The study underscores the need for targeted interventions to strengthen institutional support, expand educational programs, facilitate community networks, and improve access to localized weather information to enhance agricultural resilience to climate risks. These findings provide practical policy recommendations aimed at addressing region-specific challenges and leveraging local strengths to bolster adaptive capacity.