Vol. 11, Special Issue 11 (2022)

Agriculture has a huge role in economy of India. Agriculture is the primary source of income for more than 58.00 percent of rural families. Crop insurance is an insurance arrangement aiming at mitigating the financial losses suffered by the farmers due to damage and destruction of their crops as a result of various production risks. The study was conducted in the year 2021, expost-facto research design was used for the study. 75 insured farmers under PMFBY weather based crop insurance scheme and 75 non –insured grape farmers are selected from Nashik district from three tehsils, from each tehsil three villages are selected, a total of 150 farmers are selected. Majority of the Grape insured farmers were of middle age (46.6%). Similarly in case of Grape non- insured farmers majority of the farmers were of middle aged (36%). Majority of the insured farmers are having education of Degree or higher education compared to the non -insured farmers. Three fourth of the insured farmers were doing Agriculture for living (77.33%), non-insured farmers 68% of the farmers are having agriculture as occupation. More than half of the grape insured farmers are small farmers (60%), non- insured farmers majority of the farmers are small (61.34%). Also majority of the insured and non- insured farmers were having fair cropping pattern. Majority of the farmers (insured and non-insured) were having medium sources of information, extension contacts, scientific orientation, economic motivation and risk orientation.