Picture-based insurance project: Stakeholder perspectives from India

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cg.contributor.affiliationWageningen University & Researchen_US
cg.contributor.crpClimate Change, Agriculture and Food Securityen_US
cg.contributor.crpPolicies, Institutions, and Marketsen_US
cg.coverage.countryIndiaen_US
cg.coverage.iso3166-alpha2INen_US
cg.coverage.regionAsiaen_US
cg.coverage.regionSouth-eastern Asiaen_US
cg.coverage.regionSouthern Asiaen_US
cg.placeWageningen, The Netherlandsen_US
cg.subject.ccafsCLIMATE SERVICES AND SAFETY NETSen_US
dc.contributor.authorRajeesh, Sangeethaen_US
dc.date.accessioned2022-04-04T13:31:21Zen_US
dc.date.available2022-04-04T13:31:21Zen_US
dc.identifier.urihttps://hdl.handle.net/10568/119240en_US
dc.titlePicture-based insurance project: Stakeholder perspectives from Indiaen_US
dcterms.abstractClimate change and increasing weather risks, together with the existing production and price uncertainties, are making agriculture more challenging for smallholder farmers in India. Existing crop insurance products are yet to provide farmers with timely financial and livelihood protection. The International Food Policy Research Institute (IFPRI) and partners are testing picture-based insurance (PBI) as an innovative approach to strengthen crop insurance across three states – Haryana, Odisha, and Tamil Nadu since 2018. The aim of PBI is to provide smallholder farmers with low cost, timely and accurate crop insurance by using the novelty of smartphone and remote sensing technologies, sometimes bundled with agricultural credit and advisories. This paper evaluates the outcomes of PBI in India from partner-stakeholder perspectives. The outcome evaluation identifies, describes, verifies, and analyses changes brought about by PBI, including changes in knowledge, attitude, behaviour, and practices that occur at partner-stakeholder level. The study finds changes in basis risk discourse with partnerstakeholders i.e., how they think, talk and act on the subject has changed. Another significant outcome is agricultural finance and crop advisory partners adopting key innovations developed through PBI research. Evidence indicates basis risk outcomes from PBI changed the attitude and behavior of partners, stakeholders, and farmers toward crop insurance in general, with PBI gaining acceptance as a product for accessible and accurate insurance. Together, these outcomes contributed to improved trust-relations for crop insurance. Scaling out PBI through the Pradhan Mantri Fasal Bima Yojana is recommended. For future research, integrating PBI within farmer producer organizations across agro-ecological and socio-economic landscapes, expanding into high value agriculture can be a sustainable approach.en_US
dcterms.accessRightsOpen Accessen_US
dcterms.bibliographicCitationRajeesh S. 2021. Picture-based insurance project: Stakeholder perspectives from India. CCAFS working paper no.405. CGIAR Research Program on Climate Change, Agriculture and Food Security (CCAFS).en_US
dcterms.extent41 p.en_US
dcterms.issued2021-12-22en_US
dcterms.languageenen_US
dcterms.licenseCC-BY-NC-4.0en_US
dcterms.publisherCGIAR Research Program on Climate Change, Agriculture and Food Securityen_US
dcterms.subjectclimate changeen_US
dcterms.subjectagricultureen_US
dcterms.subjectfood securityen_US
dcterms.typeWorking Paperen_US

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