India - value of premium for Kharif crops under WBCIS 2016

This statistic displays the value of insurance premium among Indian farmers under the Weather Based Crop Insurance Scheme (WCIS) for Kharif crops from 2012 to 2015. The insurance premium among Indian farmers in 2014 amounted to approximately 6.2 billion Indian rupees under the WCIS scheme.

Value of premium under the Weather Based Crop Insurance Scheme (WCIS) for Kharif crops among Indian farmers from 2012 to 2015 (in billion Indian rupees)

Characteristic	Value of insurance premium in billion Indian rupees
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Release date

December 2016

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Region

India

Survey time period

2012 to 2015

Supplementary notes

Values have been rounded.
One Indian rupee is equal to 0.015 U.S. dollars and 0.014 euros (as of Januray 2017).
Kharif crops are monsoon crops which are cultivated and harvested during the rainy season in India. Monsoon in India is between April and October depending on the region. Rice, millets and maize are examples of Kharif crops.

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