IMPACT OF CROP LOAN AND CROP INSURANCE ON GROWTH OF AGRICULTURE
Abstract
Crop Loan and Crop Insurance policies are seen as the tool that lets farmers manage farm profits, savings, as well as safeguard the harmful effects of losses owing to low crop prices or natural hazards. Crop protection has gained value with large-scale destruction done by insect assaults, environmental vagaries & crop diseases. The aim is to provide farmers with compensation protection as well as financial assistance in the case of failure of some reported crops because of usual calamities, pests And ailments. The scope of crops eligible by protection ranges from one state to another. Such crops are covered at panchayat block rate. Crop insurance systems provide growers with financial support and are of tremendous aid. Poor profitability, lower earnings as well as heavy loans for agriculture are pushing Indian farmers to commend suicide. They live in a very difficult world after offering others a quiet existence by fulfilling their desired needs in the way of agricultural products. To function effectively farmers require regular up keep as well as repair. Loans to agriculture may be used for costly property or network enhancements or improvements.
Keyword : Crop, loan ,farmers, insurancre, secondary data
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