Attitude of Farmers Towards Pradhan Mantri Fasal Bima Yojana
Author: Shubham Bhadoriya, Shobhana Gupta, Yagya Dev Mishra, Shubham Singh Rathour and Poonam
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Abstract
Crop insurance is a necessary crop loss coverage facility to be acquired by farmers and agricultural producers to defend them to counter the causalities due to natural calamities. One Nation–One Scheme is the theme of Pradhan Mantri Fasal Bima Yojana (PMFBY). PMFBY provides a widespread insurance cover against failure of the crops and helps in stabilizing the income of the insured farmers. There are very less number of study reports on PMFBY impacts as this is a new scheme; therefore, a study is required to find out the attitude of farmers towards PMFBY scheme to obtain the feedback of the scheme. Hence, a study was conducted to access the impact and attitude of farmers towards PMFBY.
The present study was carried out in Bhitarwar block of Gwalior district of MP in the year 2018-2019, to know the attitude of farmers towards Pradhan Mantri Fasal Bima Yojana (PMFBY). The study revealed that 51.67 percent of the insured farmers belonged to medium level of attitude followed by high (29.16%) and low (19.17%) level of attitude towards Pradhan Mantri Fasal Bima Yojana. The data indicates that the respondents’ characteristics namely education, land holding, annual income, social participation, farming experience, utilization of information sources, contact with extension workers, risk orientation and economic motivation were positively and strongly correlated at 0.01 level of probability while age was positively correlated at 0.05 level of probability with attitude of responded farmers towards PMFBY.
Keywords
Attitude, Crop Insurance, Farmers, PMFBY, Relationship.
Conclusion
The study assessed the attitude of farmers towards PMFBY scheme in Gwalior districts of Madhya Pradesh. Our findings concluded that majority of farmer’s attitude level was found to be medium followed by high level and only small group of farmers possess low attitude level. The respondent’s characteristics namely education, land holding, annual income, social participation, farming experience, utilization of information sources, contact with extension workers, risk orientation and economic motivation were positively and strongly correlated with attitude. Age was positively correlated with attitude of responded farmers towards Pradhan Mantri Fasal Bima Yojana. For future prospects, study on PMFBY can be done on a large area or region to access about its success or failure and efficiency which would be more helpful for suggesting necessary improvements to the Government and agencies involved
References
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How to cite this article
Shubham Bhadoriya, Shobhana Gupta, Yagya Dev Mishra, Shubham Singh Rathour and Poonam (2022). Attitude of Farmers Towards Pradhan Mantri Fasal Bima Yojana. Biological Forum – An International Journal, 14(2): 594-599.