Crop Insurance Policies in India: An Empirical Analysis of Pradhan Mantri Fasal Bima Yojana

India is home to over one-third of all undernourished children worldwide, and it ranks 94th out 107 nations in the Global Hunger Index 2020. Instability production market risks make agriculture a risky business directly affect farmers’ income levels, thereby impacting food security. This review aimed understand various features different crop insurance policies analyze Pradhan Mantri Fasal Bima Yojana’s (PMFBY) impacts on Indian farmers. A literature search was performed popular databases, including Scopus, Web Science, ProQuest, AGRICOLA, AGRIS, Google engines, as well annual government reports. The keywords “Crop Insurance” OR “Pradhan Yojana” “National Agriculture Schemes” AND “India” were searched obtain relevant articles. By using cumulative data, we conducted multiple regression analysis model developed estimate effects characteristics farmer coverage for years 2017–2018 2018–2019. Agricultural under PMFBY remained low terms number farmers insured, area claims paid, total benefited. Compared other schemes, beneficiary claim premium ratios substantially lower PMFBY. showed that premiums have significant effect insured time, although subsidies do not influence participation. Delays settlement, complexity system, lack awareness among are major weaknesses Greater use digital media could help spread these schemes