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The basic principle of Agricultural Insurance are that the loss incurred by the few farmers is shared by many in an area and losses incurred in bad years are compensated from resources accumulated in good years. The idea is to encourage farmers to adopt improved farming technology and agricultural practices which, though with potential of higher return could be riskier. Keeping an eye on such vital role of Agricultural Insurance the above said study has been planned to test the knowledge of farmers regarding Agriculture and Livestock Insurance Scheme which shall enable to know the abilities of the farming community that can be instrumental in providing feedback into the demand and supply system of the agriculture. The variable “knowledge” in the study has been operationally defined as the understanding or the familiarity gained through experience by the farmers about the Agricultural Insurance Scheme. It has been measured by preparing an appropriate knowledge test including the items related to various aspects of insurance schemes. | Farmers knowledge about the agricultural insurance scheme in Bhilwara District of Rajasthan India
