Crop Insurance as a Climate Risk Adaptation Strategy: A Study of Jalgaon District, Maharashtra
Prasad Malu 1 and Pankaj Tomar2
1, 2Student, Faculty of Management Studies, Parul University.
Abstract
Climate change is a problem for farming especially in countries like India where crops depend on weather. Weather changes like droughts, floods and unexpected rain make farming more uncertain. This study looks at crop insurance as a way to help farmers deal with climate risks. It focuses on Jalgaon district in Maharashtra, where small farmers are often hit hard by weather changes. The research tries to find out if crop insurance helps farmers. It does this by collecting data from farmers and looking at government reports. The study finds that crop insurance helps farmers recover from losses. There are some problems. Many farmers do not know about crop insurance. It is also hard for some farmers to get insurance if they do not have a loan. Sometimes it takes a time to get compensation. The study says that crop insurance is important. It needs to be better. Farmers need to know more about it. They need to get paid on time. The process needs to be simpler. Crop insurance needs to work with ways to make farming stronger against climate change. The study uses a mix of methods to get its data. It talks to farmers. Looks at reports. This helps it understand how crop insurance works. Farmers are important for our food. Climate change affects them a lot. We need to help them. Crop insurance can be one way to do this. We need to make it better. The research is about finding ways to help farmers. It looks at how crop insurance can help. It wants to make farming stronger. This is important for India and other countries. Farmers face risks. Weather changes are one of them. Crop insurance can help. It needs to be done right. The study concludes that crop insurance is good. It needs work. We need to make it better, for farmers.
Keywords
Crop Insurance, Climate Change, Agricultural Risk, Farmer Resilience, PMFBY, Jalgaon, Adaptation Strategy, Income Stability
