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Risk management in agriculture

Author

Listed:
  • Bharat Ramaswami

    (Indian Statistical Institute, New Delhi)

  • Shamika Ravi

    (New York University)

  • S.D. Chopra

    (Ministry of Agriculture, Govt of India)

Abstract

This monograph was written to be part of the series of studies commissioned by the Ministry of Agriculture under the rubric of "State of Indian Farmer - A Millennium Study". On the basis of existing literature, this study documents the status of our knowledge on risks of agriculture and their management. Chapter 2 discusses the evidence on the nature, type and magnitude of agricultural risks. Chapter 3 discusses farmer strategies to combat risk. In addition to the mechanisms at the level of the farm household, the need to cope with risk can also affect community interactions and social customs. This is examined in Chapter 4. In chapter 5, we consider how production risks have been transformed by developments in the agricultural economy in the post-independence period. In chapter 6, we review the principal developments that have impacted on market risks.

Suggested Citation

  • Bharat Ramaswami & Shamika Ravi & S.D. Chopra, 2003. "Risk management in agriculture," Discussion Papers 03-08, Indian Statistical Institute, Delhi.
  • Handle: RePEc:alo:isipdp:03-08
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    File URL: http://www.isid.ac.in/~pu/dispapers/dp03-08.pdf
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    References listed on IDEAS

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