PRADHAN MANTRI FASAL BIMA YOJANA (PMFBY) AN AWARENESS AND IN CHAMARAJANAGARA DISTRICT


Ashalatha. G.S
,
Abstract

The study aims to understand the knowledge of famers regarding the PMFBY, crop insurance prior to that, difficulties faced at the time of on line registration and the assessment of risk.  The study is conducted based on both primary and secondary data. The secondary data regarding the total number of farmers, crop insured, etc. has been collected from both agricultural and horticultural office of the district. The opinion of the farmers is elicited from the questionnaire survey.  10% of respondents from each taluk of the district are interviewed using convenient sampling.  The study identifies the two major problems and they are on line registration and assessment of risk /settling of claims.  Due to lack of awareness among the farmers the facility given by the government of India with a sole objective of supporting sustainable production in agriculture sector by providing financial support to farmers suffering crop loss due to any natural calamities will not be achieved. The finding shows that the PMFBY will not be successful unless the policy makers change the method of settling the claims.   The study concludes with the statement that the poverty and indebtedness of the farmers of the district can be eradicated through this scheme by inducing the growth of agriculture if the scheme is properly implemented.

KEY WORDS: PMFBY, Farmers, Crops. Awareness.

Keywords:
Journal Name :
EPRA International Journal of Economic and Business Review(JEBR)

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Vol : 5
Issue : 12
Month : December
Year : 2017
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