- The agricultural sector lender NABARD has developed the farmer Distress Index, based on certain parameters. NABARD conducted an extensive field study in cooperation with Bharat Krishak Samaj.
- The parameters are rainfall variation, soil moisture, dry spells, temperature, pest, and weed management among others.
- The index will help the lending institutions to take a holistic view of crop insurance as they will be able to gauge the expected crop damage.
- The rate of distress has been found to be more among the marginal farmers. These are such farmers who have landholding less than 1.1 acres and unfortunately, 86% of the farmers fall under the category of marginal farmers.
Question:
Q.1 Which of the following has developed a farmer's Distress Index?a. Pratham Foundation
b. NABARD
c. IARI
d. ICAR
