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Working Paper No. 352 - icrier.org

Working Paper No. 352 Crop Insurance in India: Key Issues and Way Forward Ashok Gulati Prerna Terway Siraj Hussain February 2018 INDIAN COUNCIL FOR RESEARCH ON INTERNATIONAL ECONOMIC RELATIONS Table of Contents List of Abbreviations .. i Acknowledgement .. iii Abstract .. iv Executive Summary .. v 1. Introduction .. 1 2. Evolution of Crop Insurance Schemes in India .. 4 Crop Insurance in India The beginning .. 4 Pradhan Mantri Fasal Bima Yojana (PMFBY) - Kharif 2016 onwards .. 4 3. Evaluation of the Performance of crop insurance schemes .. 5 Rolling out PMFBY: Experience of Kharif 2016 and Rabi 2016-17 .. 7 Challenges in the Implementation of PMFBY .. 13 4. Learning from International Best Practices .. 20 Crop Insurance in USA .. 20 Farm bill 2014.

Working Paper No. 352 Crop Insurance in India: Key Issues and Way Forward Ashok Gulati Prerna Terway ... The research leading to this paper was undertaken at ICRIER as a part of the project “ ... the sum insured has increased by 74 percent (from Rs 115432.4 crore to 200618.9 crore), and premium paid has increased by 298 percent

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