FRIENDS TOPIC FOR MY IIM-L CONFERENCE
Crop Insurance Participation in Rural India
ABSTRACT
In a country like India, where crop production has been subjected to vagaries of weather and large-scale damages due to attack of pests and diseases, crop insurance assumes a vital role in the stable growth of the sector. The government of India started offering widespread crop in insurance in 1985, with the Comprehensive Crop Insurance Scheme. The CCIS has been replaced by the National Agriculture Insurance Scheme. Though with good intentions Government crop insurance has proved to be a failure, but India seems to have ignored its own failure. This paper aims at to examine the performance of crop insurance schemes in India and flaws in the scheme.
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