Profile of Dairy Animals Covered and Farmers Adopted Livestock Insurance in Karnal District of Haryana
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Author: Shyam Prakash Singh *, B.S. Chandel , Payal Jaiswal , and L.K. Adarsha
Author Address: Department of Agricultural Economics and ABM, Indira Gandhi Agriculture University, Raipur-492012 (Chhattisgarh)
Keywords: Adopter farmers and non-adopter farmers, animals insured, livestock insurance, milch animals insured.
Abstract
In India, insurance market, especially in the agricultural sector, is usually underdeveloped.The information was gleaned from 75 each adopter and non-adopter sampled 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.
Description
The Indian Journal of Economics and Development (2019) 15(1), 68-76
DOI: 10.5958/2322-0430.2019.00007.6
Indexed in Clarivate Analytics (ESCI)
Shyam Prakash Singh *, B.S. Chandel , Payal Jaiswal , and L.K. Adarsha
Research Scholar (Ph.D.) and Principal Scientist, Department of Agricultural Economics
Bidhan Chandra Krishi Viswavidyalaya, Nadia-741252(West Bengal)
Dairy Economics, Statistics and Management Division, ICAR-National Dairy Research Institute, Karnal-132001
Department of Agricultural Economics and ABM, Indira Gandhi Agriculture University, Raipur-492012 (Chhattisgarh)
*Corresponding author’s email: shyamsingh7296@gmail.com