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PARDHAN MANTRI FASSAL BIMA YOUJNA IN INDIA: STATE WISE ANALYSIS
Malkeet Singh Dr. Sarbananda Sahoo
Abstract:
Agriculture is imperious business in India. Risk is crucial factor in all business activities. To remove this risk government taking initiative time to time. Pardhan Mantri Fassal Bima Youja is also one of them schemes. Agriculture Insurance Company of India Ltd. has been formed by the Government of India. The economic analysis of crop insurance is examined in this paper. Through advancing of technology, enticing investment, and boosting credit flow in the agricultural sector, crop insurance is considered as a fundamental tool for ensuring stability in farm income. The main aim of this paper was to find out the Agriculture Insured application, Premium amount, claimed amount and paid-up amount of Fassal Bima Youjna as all over the India.This study is a based on quantitative exercise primarily and secondary data. This data extracted from the Pardhan Mantri Fassal Bima youjna state wise Abstract (2020-2021). Other sources, such as the district statistical office, economic surveys, and government publications and reports, were also used to supplement our analysis. For analysis of the data, we used bar chart, and different types of data presentation tables.