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Doctoral Thesis | Agricultural Economics | India | Volume 12 Issue 2, February 2023 | Rating: 4.8 / 10
Pradhan Mantri Fasal Bima Yojana: Two-Year Analysis for Madhya Pradesh
Abstract: India is an agricultural country. Sixty percent of the population of India is engaged in agriculture which contributes around nineteen percent to the GDP (Aprajita Minhas, Statista). Agriculture depends on the vagaries of monsoon and thus leading to crop failures. The Government of India launched Pradhan Mantri Fasal Bima Yojana in 2016 to mitigate the farmers' losses. This paper focuses on the scheme implementation in the state of Madhya Pradesh. It evaluates each district based on the number of farmers enrolled in the scheme, the amount of premium collected, and the number of farmers who benefitted from the scheme.
Keywords: Pradhan Mantri Fasal Bima Yojana, Madhya Pradesh, Agriculture, Insurance Premium, Agriculture Insurance
Edition: Volume 12 Issue 2, February 2023,
Pages: 312 - 315