CROP INSURANCE IN NORTH EASTERN STATES OF INDIA: PERFORMANCE OF NATIONAL AGRICULTURAL INSURANCE SCHEME

DEEPA THANGJAM¹, LIMASUNEP OZUKUM²*, S.M. FEROZE^3
1College of Post-Graduate Studies, Central Agricultural University, Umiam, 793103, Meghalaya, India
²College of Post-Graduate Studies, Central Agricultural University, Umiam, 793103, Meghalaya, India
³College of Post-Graduate Studies, Central Agricultural University, Umiam, 793103, Meghalaya, India
* Corresponding Author : sunepzswaggyp@gmail.com

Received : 22-04-2018     Accepted : 12-06-2018     Published : 15-06-2018
Volume : 10     Issue : 11       Pages : 6325 - 6329
Int J Agr Sci 10.11 (2018):6325-6329

Keywords : Crop insurance, performance, NAIS, North East India, AIC, claims paid, farmers benefitted
Conflict of Interest : None declared
Acknowledgements/Funding : Author thankful to Central Agricultural University, Umiam, 793103, Meghalaya
Author Contribution : All author equally contributed

This paper assessed the performance of crop-based insurance scheme NAIS in north-eastern (NE) states of India. The secondary data for the study for 15 crop years since the inception of NAIS from the period 1999-00 to 20013-14 was collected from the Agricultural Insurance Company of India Limited (AIC). The performance indicators viz., area insured per farmer, percentage of farmers benefitted, ratio of claims paid over gross premium, claims paid per farmer and profit to companies were estimated. During the 1999-00 to 2013-14 only in five NE states viz., Assam, Meghalaya, Manipur, Sikkim and Tripura the scheme was implemented. In Mizoram, NAIS was implemented only in 2009-10 whereas; in states like Nagaland and Arunachal Pradesh it was not implemented. The total area covered and the number of farmers insured was not noteworthy. It was found that there was significant increase in trend of coverage of farmers and area insured for the state like Assam, but for states like Meghalaya and Tripura, the increase was marginal and negative for Manipur and Sikkim. Parameters like claims paid and farmers benefitted have a significant effect on the area insured and farmer’s coverage over the years and play a vital role in increasing the area insured and farmer’s coverage, ultimately deciding to participate in crop insurance.

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