Assessing the opinion of beneficiaries about Pradhan Mantri Fasal Bima Yojana (PMFBY) in Andhra Pradesh

Abstract

In the current era of changing crop and seasonal landscape, protection is key to the cultivars and country’s future food security. Pradhan Mantri Fasal Bima Yojana is initiated publicly administered to surpass the limitation of past insurance schemes. This research aimed to know the opinion of farmers regarding to PMFBY. Srikakulam district of Andhra Pradesh was purposively chosen due to it had highest number of farmers were enrolled and indemnity claims. The sample size of 120 agrarians were randomly selected from twelve villages of Srikakulam district and 10 farmers from each village. The ex-post facto Research design was taken for this study. Pearson’s Correlation Coefficient (r), Multiple Linear Regression (MLR), Microsoft Excel and SPSS are some statistical tools used in this study. Outcomes of the study disclosed that maximum (69.17%) recipients had moderate level of opinion. Any remodeling or upgrading in agriculture mandatorily requires opinion of farmers. Obtaining the intense insights into farmers opinion, any attempt facilitates the formulation of more effective ways to implementation and strategies to alleviate challenges. The total 16 statements were formulated. The Government provides heightened attention to interests of farming community by restoring the damage to crops through insuring the crops.