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Paper Details

Paper Title
Identification of risk involved and risk management in growth of potato and ginger in Himachal Pradesh
Agricultural risks are aggravating in Himachal Pradesh due to a variety of factors, ranging from a shortage of required inputs, weather and climatic conditions, lack of support from government and various government bodies, inadequate income generation, a shift in consumer preferences, and lack of technical know- how. These factors endanger the livelihood of small farmers and also affect the economic development of Himachal Pradesh economy. The current study has been undertaken with the objective of identification of agricultural risk and risk management strategies and tools. The study includes 360 farmers from Shimla, Sirmaur and Solan districts of the state who are engaged in the cultivation of potato and ginger both. In the study, agricultural risks are identified as problems by the respondents engaged in the production of ginger and potato; factor analysis is done to identify significant risks associated with the growth of potato and ginger. Efficient risk management leads to a reduction of losses caused by risk as well as increase the profitability, leading to the development and growth of cash crops, namely Potato and Ginger in Himachal Pradesh. Paper tries to discuss the formal and informal strategies farmer can undergo to combat risk in the cultivation of ginger and potato in Himachal Pradesh.
Agriculture, Growth, Risk, Potato, Ginger, Factor analysis, Risk Management.
Others Details
Paper Id : 66039
Author Name : Geetika Chopra
Co-Author Name(s) : Prof. Kulwant Singh Rana
Volume/Issue No : Volume 06 Issue 05
Page No : 105-114
DOI Number : DOI:10.21090/IJAERD.66039
License : This work is licensed under a Creative Commons Attribution 4.0 International License.
website :
Impact Factor : 5.71, SJIF-2017
ISSN Details : eISSN: 2348-4470, pISSN:2348-6406
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