Recent Trends In Crop – Insurance In India

Farming involves numerous risks due to natural disasters. Crop-Insurance is the risk management tool available to farmers. In India, Agricultural Insurance Co. Ltd., (AIC) offered various schemes to protect the farmers from natural disasters & reduce the uncertanity and loss in farming. With the help of various agri-insurance-products, AIC is mainly attempting for strenthening agriculture as well as the farmers in India.National Agricultural Insurance scheme, which is implemented by AIC, is introduced from Rabi 1999. Maharashtra is one of the most beneficiary states under NAIS. The study is conducted to focus on the functioning of scheme in Maharashtra and also to know future trends of agri-insurance.