Вы находитесь на странице: 1из 8

PROJECT REPORT ON CROP INSURANCE IN INDIA

T.Y.B.B.I (SEMESTER VI) ACADEMIC YEAR: - 2011-2012

SUBMITTED BY P.ISAI SUBA ROLL NO 25016

PROJECT GUIDE PROF. VINOD NAYAK

S.I.W.S N.R SWAMY COLLEGE OF COMMERCE & ECONOMICS SMT.THIRUMALAI COLLEGE OF SCIENCE 337, SEWREE WADALA ESTATE, WADALA, MUMBAI 400 031

PROJECT REPORT ON CROP INSURANCE IN INDIA

SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF DEGREE OF B.COM (BANKING & INSURANCE)

By P.ISAI SUBA ROLL NO 25016 T.Y.B.B.I (SEMESTER VI)

S.I.W.S N.R SWAMY COLLEGE OF COMMERCE & ECONOMICS SMT.THIRUMALAI COLLEGE OF SCIENCE 337, SEWREE WADALA ESTATE, WADALA, MUMBAI 400 031

S.I.W.S N.R SWAMY COLLEGE OF COMMERCE & ECONOMICS SMT.THIRUMALAI COLLEGE OF SCIENCE 337, SEWREE WADALA ESTATE, WADALA, MUMBAI 400 031

CERTIFICATE

NAAC ACCREDITED B++

This to certify that, Mr. /Miss______________________________________ Of B.com Banking & Insurance Semester VI (2011-2012) has successfully completed on___________________________________________________ ______________________________________________________________ Under the guidance of____________________________________________

________________________ (Signature of Project Guide)

________________________ (Signature of Principal)

_______________________ (Signature of Co-ordinator)

____________________________ (Signature of External Examiner)

DECLARATION

I Mr. / Miss_______________________________________ the student of S.I.W.S Swamy College of Commerce & Economics, studying in T.Y.B.Com Banking & Insurance (semester VI), hereby declare that I have completed the project report on CROP INSURANCE IN INDIA in the academic year 2011- 2012.

This information submitted is genuine and practical to the best of my knowledge.

Date: ______________

__________________ P.ISAI SUBA (Roll No-25016)

Place: Mumbai

Acknowledgement

Words fall short to express my deep sense of gratitude towards them all, who have imparted their valuable time, energy and intellect towards the beautification of my project.

I express my sincere gratitude to Prof. Vinod Nayak who is my guide for guiding me throughout the project for helping me whenever required and for giving me continuous support and encouragement.

I also thank my college Library for providing me with necessary books and magazines.

Last but not least: I would like to thank my friends, who helped me in completion of the project, directly and indirectly.

Executive Summary
This paper traces the history of crop insurance in India and reviews briefly the methods both parametric and non-parametric, used for actuarial premium rate making; the contribution made by the scientists and the students at IASRI utilizing crop yield data collected from each taluk or mandai under CCIS; the feasibility of reducing the defined area from a taluklmandal to a Gram Panchayat; the contribution of ISAS; the experience of CCIS; the implementation of the National Agricultural Insurance Scheme and human aspect of Crop Insurance.

Table of contents
Chapter No 1.1 1.2 1.3 1.4 2.1 2.2 2.3 3.1 3.2 3.3 3.4 4.1 4.2 4.3 5.1 5.2 5.3 5.4 6.1 6.2 6.3 6.4 6.5 Introduction Define History Crop Insurance Risk Covered Crop Insurance Schemes in India Regulation of Indian Crop Insurance WTO and Trade in Agriculture Recent Development in Negotiation of Agriculture Tariff Different Methods of Tariff Reduction Understudying the Risk Formula Implication for India Coverage Option Premium Principles of Crop Insurance Schemes Crop Insurance Schemes in India Crop Insurance Companies in India National Agriculture Insurance Schemes Need For Crop Insurance Types of Crop Insurance Crop Policies Benefits of Crop Policies Risk Covered Under Crop Policies Execlusion Under the Policies Topic Page no 1 2 2-4 5-6 7-8 8 9-13 14 15 16-18 18-20 21-22 23 23-24 25-26 26 27-29 30-33 34-35 36 36-39 39-41 41-45

6.6 6.7 6.8 7 8 9

Claims for Crop Insurance Discount on Premium rate Crop Insurance schemes Old and New Annexure Conclusion Reference

46-49 49-52 49 54 55 56