Title ECONOMIC EVALUATION OF LIVESTOCK INSURANCE SCHEME IN AMRAVATI DIVISION.

dc.contributor.advisorDESHMUKH, DR. R. G.
dc.contributor.authorCHAVAN, VIVEK UTTAM.
dc.date.accessioned2021-12-02T10:52:23Z
dc.date.available2021-12-02T10:52:23Z
dc.date.issued2022-02-02
dc.descriptionDescription The present study on the economic evaluation of animal insurance schemes in Amravati division was based on analyzing the performance of insurance, the extent of coverage, the premium paid and indemnity received and problems livestock owners. Livestock sector is a important sector to the agriculture, especially in strengthening rural economy. The supplemental income derived from rearing of livestock is a great source of support to the farmer facing uncertainties of crop production, apart from providing sustenance to poor and landless farmers. in Vidarbha region, farmer suicide is serious and current issue. For minimizing and avoiding death of farmers they must have kept livestock with them, as their subsidiary income will rise and also must have insurance for their livestock, it will be beneficial for them in critical condition.en_US
dc.description.abstractAbstract The present study, “Economic Evaluation of Livestock Insurance Scheme In Amravati Division” was carried out during 2015-16 & 2006-07, 2011-12 and 2016-17 i.e. Secondary data were selected for the three-point of time as per the latest animal censuses. The objectives of study were to identify Performance of livestock insurance Scheme and Coverage, Premium paid, and Indemnity Received. Livestock sector is an important sector to the agriculture, especially in strengthening rural economy. The supplemental income derived from rearing of livestock is a great source of support to the farmer facing uncertainties of crop production, apart from providing sustenance to poor and landless farmers. Due to the steady increase in population and an inefficient distribution of resources, a majority of poor households have very little or no agricultural land to engage in cropping activities. In Vidarbha region, farmer suicide is serious and current issue. For minimizing and avoiding death of farmers they must have kept livestock with them, as their subsidiary income will rise and also must have insurance for their livestock, it will be beneficial for them in critical condition. The present study was based on primary and secondary data collected from different Sources of government publications and insurance companies.i.e.New India Insurance Company and United India Insurance Company. The data study for the three periods of times i.e. 2005-06, 2011-12 and 2015-16. The Livestock which covered more than 99 per cent of the total Livestock populations considered for study. Simple tabular analysis was used to Evaluate Performance, Extent of coverage of insured animals, premium paid and indemnity given in selected Districts of Amravati division. In order to study the problems faced by livestock owners and official data for the year 2015-16,Garratt ranking method has been used In order to study fourth objective, financial viability of the insurance company was calculated by claim to premium percentage. The performance of New India Insurance company recorded the increasing in number of owners overall the districts during the study period and also no of policies in all the districts. Sizeable number of owners were observed who were insuring their animals during their study period. About 3 thousand animals who insured their animal during the base year that crossed 15 thousand at the end of study period. Identical picture was observed in the performance of United India Insurance Company indicting the change in attitude of farmers towards animal insurance as a result of company efforts and value of animals. The constraints analysis for livestock owners indicated that poor information about the livestock insurance scheme then no need of livestock insurance and also the insurance premium was not affordable to the farmers. The number of animals covered and sum insured increased in New India Insurance Company during the study period. Number of policies exibitated increasing trend in light of important of animals and animal cost. Farmers are benefitted as and hence attracted towards the livestock insurance. Therefore it is suggested that animal husbandry department and department of agriculture Government of Maharashtra should make joint efforts in colibration with insurance companies so that the number of animals insured will be increased gradually.en_US
dc.identifier.citationCitation CHAVAN, V. U. (2020). Economic Evaluation of Livestock Insurance Scheme In Amravati Division. Department of agricultural economics and statistics, Dr. Panjabrao Deshmukh Krishi Vidyapeeth, Akola. Ph. D. 2020, Print, xv, 135p. (Unpublished)en_US
dc.identifier.urihttps://krishikosh.egranth.ac.in/handle/1/5810178533
dc.keywordsKeywords Livestock, New India Insurance Company, United India Insurance Company, Compensation, Agricultural Economics, Livestock Insurance, Extent of Coverage, Premium Paid and Indemnity Received , Problems Faced by Official and Livestock Owner , Simple tabular analysis, Claim to Premium percent, Garret ranking Method,en_US
dc.language.isoEnglishen_US
dc.pagesPages xv, 135p.en_US
dc.publisherPublisher : Dr. Panjabrao Deshmukh Krishi Vidyapeeth, Akola, Maharashtra.en_US
dc.research.problemResearch Problem In the present study an efforts are made to identify the indicators of livestock insurance in selected districts of Amravati division, after that workout the Garrate ranking of officially and livestock owners. The researcher has also made an efforts to workout the Performance, Extent of coverage Premium paid and indemnity received and constraints faced by officials& livestock owners respondents.en_US
dc.subAgricultural Economicsen_US
dc.themeTheme Livestock insurance schemeen_US
dc.these.typePh.Den_US
dc.titleTitle ECONOMIC EVALUATION OF LIVESTOCK INSURANCE SCHEME IN AMRAVATI DIVISION.en_US
dc.typeThesisen_US
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Description The present study on the economic evaluation of animal insurance schemes in Amravati division was based on analyzing the performance of insurance, the extent of coverage, the premium paid and indemnity received and problems livestock owners. Livestock sector is a important sector to the agriculture, especially in strengthening rural economy. The supplemental income derived from rearing of livestock is a great source of support to the farmer facing uncertainties of crop production, apart from providing sustenance to poor and landless farmers. in Vidarbha region, farmer suicide is serious and current issue. For minimizing and avoiding death of farmers they must have kept livestock with them, as their subsidiary income will rise and also must have insurance for their livestock, it will be beneficial for them in critical condition.
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