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| Author | Dr. Rubeenah Akhter 1 , Dr. Javaid Ahmad Mir 2 , Prof. Rekha Acharya Email- economicsruby@gmail.com 3 & Jaspal Singh 4 | Download Pdf |
| Pages | 1 to 13 | |
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Abstract
Crop diversification is the most important risk management strategy. It reduces the risk of total crop failure and provides the alternate means of improving the
living standard by generating income. Moreover, it enables the farmers’ to grow
surplus products for sale at market. Increased production from varied cropping
pattern and increased production stability are the probable explanation for
improved income as a result of crop diversification technique. The present study
employed Tobit model to identify the factors that drive households’ decision to
diversify crops and the level of crop diversification stimulated by the decision to
diversify in the state of Jammu and Kashmir. The study revealed that education,
experience of household head, availability of irrigation are played a positive and
significant role to diversify cropping pattern, while distance of market and age of
household head are negatively impacted.
Key Words: Risk, Management, Diversification, Agriculture, Tobit model.
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