PERFORMANCE OF PRADHAN MANTRI FASAL BIMA YOJANA IN HARYANA: A CASE STUDY OF SIRSA AND HISAR DISTRICT

Abstract

The present paper is an attempt to study the performance and awareness of Pradhan Mantri FasalBima Yojana in four villages of Sirsa and Hisar of Haryana. The study was based on a field survey conducted through random sampling. The survey finds that the coverage of Pradhan Mantri FasalBima Yojana is still low. The causes of its non-adoption include low indemnity level, less coverage of crops, delay in the claim process, lack of cooperation from banks, involvement of various holders at multistage level and many more. It is also found that awareness about Pradhan Mantri FasalBima Yojana is also low as farmers are not aware of implementing cluster insurance companies, low coverage of various risks and crops, delay in claim payments, complex documentation, etc. The awareness of the yojana can be increased by the awareness campaign at the village level. The banks and digital media can also play an important role in increasing its awareness. � 2022 DAV College. All rights reserved.