Economic Analysis of Factors Responsible for Non Adoption of Agriculture Insurance Scheme in a Some District of Madhya Pradesh

Article ID

MPD15

Economic Analysis of Factors Responsible for Non Adoption of Agriculture Insurance Scheme in a Some District of Madhya Pradesh

Richa Khanna
Richa Khanna
DOI

Abstract

Agricultural vagaries are many and to be deal with them Agriculture insurance was looked upon as the solution to this problem, National agriculture insurance is a part of the solution and it covers factors responsible for farmers to take insurance which are economic and environmental factors; risk factor, Sum insured, farmers benefited, claims received, premium paid, subsidy, Area insured, weather situation and natural calamity .Certain social factors are also looked upon like ; not aware , not interested , unable to pay premium, complex procedure, delay in claim payment , banks available at a distance, no need of agriculture insurance, not satisfied with terms and conditions, not aware about facility.

Economic Analysis of Factors Responsible for Non Adoption of Agriculture Insurance Scheme in a Some District of Madhya Pradesh

Agricultural vagaries are many and to be deal with them Agriculture insurance was looked upon as the solution to this problem, National agriculture insurance is a part of the solution and it covers factors responsible for farmers to take insurance which are economic and environmental factors; risk factor, Sum insured, farmers benefited, claims received, premium paid, subsidy, Area insured, weather situation and natural calamity .Certain social factors are also looked upon like ; not aware , not interested , unable to pay premium, complex procedure, delay in claim payment , banks available at a distance, no need of agriculture insurance, not satisfied with terms and conditions, not aware about facility.

Richa Khanna
Richa Khanna

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Richa Khanna. 2020. “. Global Journal of Management and Business Research – B: Economic & Commerce GJMBR-B Volume 20 (GJMBR Volume 20 Issue B8): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Issue Cover
GJMBR Volume 20 Issue B8
Pg. 29- 34
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GJMBR-B Classification: JEL Code: F43
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Economic Analysis of Factors Responsible for Non Adoption of Agriculture Insurance Scheme in a Some District of Madhya Pradesh

Richa Khanna
Richa Khanna

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