Which of the following agricultural programmes covers risk and uncertainties in agricultural business?
Answer Details
The agricultural programme that covers risk and uncertainties in agricultural business is the agricultural insurance scheme. This is because the agricultural insurance scheme is designed to protect farmers from financial losses due to various risks such as natural disasters, crop failure, and pest infestations. The scheme provides a form of indemnity to farmers who have suffered losses due to an insured peril. The indemnity helps to reduce the financial burden of the losses and enables farmers to recover from the impact of the loss. The other agricultural programmes such as the agricultural development project, river basin development authority, and farm settlement scheme do not provide risk and uncertainties coverage.