Untitled
Abstract
India is one of the most climate prone countries in the world in the last decade.India has suffered crop losses almost every year either due to floods and drought or frost/extreme temperatures.Crop Insurance in India has continuously evolved for nearly half a decade with various names with the past knowledge, Pradhan Mantri Fasal Bima Yojana (P.M.F.B.Y.) was Implemented during 2016 a mission to overcome the lacunas in its predecessors as study was conducted to analyse the performance of the scheme in the state of Maharashtra.The prime objective of this paper is to analyse the performance of Pradhan Mantri Fasal BimaYojana Maharashra state and Season wise from 2016 to 2022.The performance is measured in terms of numbers farmers covered, area insured, sum insured, premium collected, claim payment and number of farmers benefited from 2016 to 2022.It can be concluded that the farmers of Maharashtra have responded well to the Pradhan Mantri Fasal Bima Yojana Campared to other stated.Maharashtra is found to be the good in this schemes.It is also seen that the government of Maharashtra has Implemental the Pradhan Mantri Fasal Bima Yojana well.
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