Attitude of Farmers on Pradhan Mantri Fasal Bima Yojana in Tumkur District of Karnataka

Abstract

To remove the inherent flaws in the existing crop insurance schemes Pradhan Mantri Fasal Bima Yojna was launched in India since 2016. This scheme has ensured farmers to pay lesser premium to insure their crops. Even though scheme is farmer friendly, many farmers have not accepted and adopted the scheme. Hence, there is a need to study on the factors affecting the attitude levels of the farmers on the new crop insurance scheme. Therefore, the study was undertaken in Tumkur district of Karnataka. A total of 120 farmer beneficiaries of Pradhan Mantri Fasal Bima Yojana were selected for the study by using the proportionate random sampling technique. Sixteen independent variables were selected based on judges' relevancy rating and were quantified using measurement devices. The data were collected using a pretested structured interview schedule and suitable statistical tools were used to analyze the data. Majority of the respondents (48.33%) had a favourable attitude towards the scheme. The variables, namely, age, education, land holding, annual income, farming experience, extension contact, extension participation, social participation, scientific orientation, risk orientation, economic motivation, credit orientation and crops cultivated had positive and significant association at five per cent level. Cosmopoliteness and achievement motivation had positive and significant association at one per cent level. The study revealed that the attitude of farmers has played a pivotal role for complete acceptance of developmental programme of the government such as Pradhan Mantri Fasal Bima Yojana.