Back to Library

Risk Management as a Pillar in Agriculture and Food Security Policies – India Case Study Policy Brief

Published by:
Publication date
Number of Pages
Type of Publication:
Working Papers & Briefs
Focus Region:
Asia and the Pacific
Focus Topic:
Nutrition / Food Systems
Climate / Weather / Environment
Agricultural Value Chains / Agri-Businesses
Type of Risk:
Biological & environmental
Managerial & operational
Type of Risk Managment Option:
Risk reduction/mitigation
Risk coping
Risk transfer
Kolli N. RAO, Louis BOCKEL

In India, agricultural risks are exacerbated by a variety of factors, ranging from weather variability, frequent natural disasters, uncertainties in yields and prices, weak rural infrastructure, imperfect markets and inadequate and sub-optimal financial services. These factors not only endanger the livelihoods and incomes of small farmers but also undermine the viability of the agriculture sector and its potential to become a part of the solution to the problem of the endemic poverty of farmers.

This paper presents a comprehensive set of agriculture risk management tools and policies provided within a global framework by both the public and private sectors in India, while specifying the role and limits of every tool implemented. The presentation is a wide overview of agriculture risk management policies in India and demonstrates high synergy with other sector policies.

In addition, this paper illustrates a serious effort of adaptive policy making by using an iterative approach in the experiences of piloting innovative risk management tools.