Vol. 6, Issue 6, Part E (2020)

Abstract
India has the second largest population in the world and food requirement is very high in India because of the increasing population. In India more than half population depends on agriculture for their livelihood. Crop insurance is protecting farmers from the natural calamities and market risk. In India mainly crops are divided into mainly two types according to the weather condition named as Kharif and Rabi. Crop Insurance is available in India for more than 100 commodities. In India more than 50 years have been passed when first insurance scheme was launched in India, but still farmers not like to purchase crop insurance. In India mainly two types of crop insurance scheme running currently that named as Pradhan Mantri Fasal Bima Yojana (PMFBY) and Weather Based Crop Insurance Scheme (WBCIS). Mainly two type of crop insurance is available in India they are crop yield insurance and crop revenue insurance. The main objective of the paper is to find out the problems coming in the way of penetration of the crop insurance in India. This paper is descriptive in nature and used secondary method of data collection. Main reason in the study which come out from the study for the less penetration of the crop insurance in India is less transparency, illiteracy among the farmers, less knowledge, procedure difficulty, less compensation, delay in compensation, covers only risk (not investment), bad behavior of bank officials, technical difficulty, implementation problem, not inclusion of the all type of crops etc. Some recommendation for the better implementation and penetration of crop insurance in India is also suggested in this paper.