Title: Extent of awareness towards livestock insurance and risk mitigation strategies related factors among dairy owners of Uttar Pradesh
Authors: Jitendra Kumar, Sanjeev Kumar Singh, Amit Singh and Rashmi
Source: Ruminant Science (2018)-7(1):129-132.
Cite this reference as: Kumar Jitendra, Singh Sanjeev Kumar, Singh Amit and Rashmi (2018). Extent of awareness towards livestock insurance and risk mitigation strategies related factors among dairy owners of Uttar Pradesh. Ruminant Science 7(1):129-132.
Abstract
Livestock farmers, by insuring their animals against risks, get an important safety measure and the idea of livestock insurance emerged in India before three decades, yet, it has not operated in a significant way till date. It is well noted that livestock insurance scheme is the relevant strategy in managing different risks related to livestock farming, but very little attention has been paid to address the livestock insurance needs of the dairy farmers. This study, therefore, addresses the extent of awareness towards livestock insurance and risk mitigation strategies related factors among dairy owners. The data were collected from the Mathura district of Uttar Pradesh in India with a sample survey of 100 cattle and buffalo farmers. A pretested semi structured interview schedule was used to collect the relevant information. The results suggested that most of the farmers were not aware of complete knowledge for applying the insurance, awareness about the complete process of livestock insurance as well as awareness about the amount of premium to be paid for livestock insurance willing to participate in cattle and buffalo insurance.
References
Anonymous (2014). Department of Animal Husbandry and Dairying, Haryana. Source: http://hipa.nic.in/KSDangiA.pdf
Birthal PS (2008). Livestock sector of India: An overview. Background paper prepared for ‘India Livestock Review’ by the World Bank, Unpublished
Chartered Institute of Management Accountants (CIMA) (2005). Introduction to managing risk. CIMA Official Terminology. Prepared by Jasmin Harvey and Technical Information Service. London: CIMA Publishing.
Chaudhury Shripati Mishra (2014) Livestock insurance: Still a distant dream for tribal communities of Koraput tract, Odisha, India. Global Advanced Research Journal of Agricultural Science 3(6):175-178.
Dhaliwal GS (2005) Managing dairy herds for optimal reproductive efficiency-Recent concepts in physio-pathology of animal reproduction. Centre of Advanced Studies in Veterinary Gynaecology and Reproduction, Punjab Agricultural University, Ludhiana, India: 1-9.
Goudappa SB, Reddy BS and Chandrashekhar SM (2012). Farmers perception and awareness about crop insurance in Karnataka. Indian Research Journal of Extension Education II:218-222.
Hellmuth ME (2009). Index Insurance and Climate Risk: Prospects for Development and Disaster Management. International Research Institute for Climate and Society, Columbia University, New York.
Kaur I, Dhindsa SS, Harpreet S and Prabhjot S (2011). Various constraints of dairy farming in central zone of Punjab. Journal of Dairying, Foods and Home Sciences 30:242-245.
Khan Mohd Ameer, Chander Mahesh and Bardhan D (2014). Risk perceptions and risk management strategies of insured and non-insured dairy farmers: A comparative study. Indian Journal of Animal Sciences 84:06
Livestock Census (2012). Ministry of Agriculture department of Animal Husbandry, Dairying and Fisheries. Krishibhawan, New Delhi.
Ponnusamy K and Lal SP (2015). Challenges and opportunities in promoting good dairy farming practices. Indian Journal of Dairy Science 68(4):305-310.
Rajput DS and Tripathi H (2012). Status and pattern of animal health delivery services provided by veterinary officers in arid zone of Rajasthan. Ruminant Science 1(1):37-43.
Sharma A (2010). Livestock insurance: Lessons from the Indian experience centre for insurance and risk management. Working Paper (Chennai, India, CIRM).
Skees JR and Enkh-Amgalan A (2002). Examining the feasibility livestock insurance in Mongolia. World Bank Policy Research Working Paper No. 2886, Washington DC.
Sundar J and Lalitha Ramakrishnan (2015). A study on awareness, purchase benefits and satisfaction level towards crop insurance. Pacific Business Review International 7(11):38-45.
Suresh Kumar D, Palanisami K, Ranganathan CR and Venkatram R (2010). Farmers’ Perception and awareness towards crop insurance as a tool for risk management in Tamilnadu. Centre for agricultural and rural development studies (CARDS) Tamil Nadu Agricultural University Coimbatore.
Thornton P, Jones P, Owiyo T, Kruska R, Herrero M, Orindi V, Bhadwal S, Kristjanson P, Notenbaert A, Bekele N and Omolo A (2008). Climate change and poverty in Africa: Mapping hotspots of vulnerability. African Journal of Agricultural and Resource Economics (2).
Yaylak E, Kaya I, Cundar V and Gevrek A (2011). Damage types, causes of damage and herd leaving ages in dairy cattle under the scope of livestock insurance and subject to compensation in some districts of Izmir Province of Turkey. African Journal of Agricultural Research 6(5):1265-1273.