Knowledge of Beneficiaries about Pradhan Mantri Fasal Bima Yojanain Tumkur District of Karnataka

Abstract

Pradhan Mantri Fasal Bima Yojna (PMFBY) is a crop-based insurance policy designed to help farmers who have suffered crop loss or damage. During the year 2020-21, a research conducted in the Tumkur district of Karnataka the showed the highest number of insurance units (895) compared to other districts of the Karnataka . The findings of the study revealed that the majority of the beneficiaries (52.50 %) had a medium knowledge level about Pradhan Mantri Fasal Bima Yojana. The study’s findings underline the importance of profile characteristics namely education, landholding, material possession, extension agency contact, source of information, innovativeness, training attended, economic motivation and mass media exposure that had a positively significant relationship at one per cent level of probability. Whereas variables such as annual income and social participation had a positively significant relationship at five per cent level of probability with beneficiaries’ level of knowledge. On the other hand, Crop loan availability and disaster occurrence pattern had no significant relationship with the knowledge level of the beneficiaries about Pradhan Mantri Fasal Bima Yojana.