2023, Vol. 8, Special Issue 2, Part A

Risk in field of agriculture is a major threat to the stability of farm production in many developing countries, including India. To understand and identify the major risk, a study of how farmers perceive and ranked these agricultural risks is essential. In this study, a survey of 296 farmers was completed in the Jabalpur district of India by using multistage simple random sampling, in which farmers ranked all concerned farm risks. The Garret ranking method was adopted to finalize the ranking of all included risk sources. Farmers deal with a variety of risks, with that production and economic risks are major concerns and institutional and personal risks ranked as least important. Climate and weather impact on farming and production was ranked as the top risk in all selected ten risk sources with a mean score of 75.01 as per farmers’ responses. As per crop-specific garret ranking production risk is a top-ranked risk for all crops except wheat, in wheat crop economic risks are top-ranked risk and production risk comes in 2^nd place. Economics risk has come in 2^nd place for the rest of the crops and personal risk ranked as the least impacted risk with 5^th rank for all crops. Overall Production and economic risk are top-ranked in the study area and the government needs to make plans accordingly to mitigate these risks and increase farmers’ income.