Insights of agricultural insurance in India: A Bibliometric and Network analysis

Abstract

India is the only country having one of the largest crop insurance schemes in terms of area covered as well as highest number of uninsured farmers. It has been 50 years since the first ever crop insurance scheme was introduced in India, still its impact and adoption rate is very low in India. One of the main reasons for such low adoption rates is lack of awareness and complex processes. farmers are often exposed to the different types of risks. Crop insurance is one of the institutional mechanisms to mitigate the agriculture risks. Despite its enormous potential, crop insurance progress is very low in India. Crop insurance has the scope for development and can become a risk mitigation tool in India. The current study reviewed 3944 articles for the time period 2001 to 2022 march from the Scopus data base related to the crop and agriculture insurance. Finally bibliometric analysis and network analysis was performed on 1257 articles further a detailed study has been conducted in the Indian context of agriculture insurance for identifying the future research scope in India.