With the ushering of globalization era promoting investments in agricultural trade, the study of agricultural risk management has its immense value at present. Its usefulness lies in strengthening national food security and stabilizing farmer’s income under uncertain events ranging from production risks as well as market risks of agricultural commodities. The crop insurance, under although covers production risks but has been linked with as farm income insurance and weather insurance in different countries adopting varied insurance models. 

Author: Sanjukta Bhattacharya 

Country: India