Year: 2019 | Month: June | Volume 9 | Issue 3
Performance of Cattle Insurance in Select Districts of Karnataka
Abstract:
The study was conducted in Kolar, Shivamogga and Dharwad districts representing Southern, Malnad and Northern regions of the Karnataka. The data was collected from secondary sources for the selected districts and State. The study employed Compound Annual Growth Rate (CGAR). The results showed that number of animals insured under National Livestock Insurance (NLM) scheme in Karnataka between periods (2006-18) grew from 9487 to 236332 with CAGR of 28.52 per cent. The claim to premium percentage varied from 20 to 81 per cent. Number of animals insured was found to be higher under Cattle Group Insurance scheme (26278 to 37477) than NLM scheme (970 to 7360) in Kolar district between periods (2015-18). The lowest claim to premium percentage was observed in Dharwad under NLM scheme ranging between 13.32 to 25.46 per cent in the period of 2015-16 to 2017-18.
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