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Agricultural Insurance in India: Problems and Prospects

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  • M J Bhende
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    Abstract

    The challenges of providing insurance to Indian agricultural sector in a manner that is both meaningful and sustaining. Critical assessment of the existing initiative and present possible options for improvement are presented. [NABARD Occasional Paper No. 44]. URL:[http://www.nabard.org/fileupload/DataBank/OccasionalPapers/OC%2044.pdf].

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    Paper provided by eSocialSciences in its series Working Papers with number id:4840.

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    Date of creation: Mar 2012
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    Handle: RePEc:ess:wpaper:id:4840

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    Keywords: AGRICULTURAL INSURANCE; India; principal risks; Pilot Crop; Development; history; management; Comprehensive Crop Insurance Scheme (CCIS); Livestock; seed; weather; rainfall; India; Claim Premium Ratio; farmers; season; crops; Beneficiaries; rainfall;

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    1. Knox, Lyle & Richards, Timothy J., 1999. "A Two-Stage Model Of The Demand For Specialty Crop Insurance," 1999 Annual meeting, August 8-11, Nashville, TN, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) 21681, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Vincent H. Smith & Barry K. Goodwin, 1996. "Crop Insurance, Moral Hazard, and Agricultural Chemical Use," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 78(2), pages 428-438.
    3. Steven D. Hanson & Robert J. Myers & J. Roy Black, 1998. "The Effects of Crop Yield Insurance Designs on Farmer Participation and Welfare," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 80(4), pages 806-820.
    4. Bruce A. Babcock & David A. Hennessy, 1996. "Input Demand under Yield and Revenue Insurance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 78(2), pages 416-427.
    5. Turvey, Calum G. & Islam, Zahirul, 1995. "Equity and efficiency considerations in area versus individual yield insurance," Agricultural Economics, Blackwell, Blackwell, vol. 12(1), pages 23-35, April.
    6. Rothschild, Michael & Stiglitz, Joseph E, 1976. "Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 90(4), pages 630-49, November.
    7. JunJie Wu, 1999. "Crop Insurance, Acreage Decisions, and Nonpoint-Source Pollution," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, Agricultural and Applied Economics Association, vol. 81(2), pages 305-320.
    8. Pramod K. Mishra, 1994. "Crop insurance and crop credit: Impact of the comprehensive crop insurance scheme on cooperative credit in Gujarat," Journal of International Development, John Wiley & Sons, Ltd., vol. 6(5), pages 529-567, 09.
    9. Turvey, Calum G. & Islam, Zahirul, 1995. "Equity and efficiency considerations in area versus individual yield insurance," Agricultural Economics: The Journal of the International Association of Agricultural Economists, International Association of Agricultural Economists, International Association of Agricultural Economists, vol. 12(1), April.
    10. K.B. Hamal & Jock R. Anderson, 1982. "A Note On Decreasing Absolute Risk Aversion Among Farmers In Nepal," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 26(3), pages 220-225, December.
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