Livestock Insurance as a Coping Strategy Against Economic Loss and Food Insecurity: A Case From Rural Communities of Nawalparasi District Nepal

Manoj Kaphle and Nagendra Bastakoti

Journal of International Development, 2017, vol. 29, issue 7, 1016-1024

Abstract: The primary objective of this paper is to disseminate the practice of risk management by the people from their own management system of livestock insurance in Rupaulia and Daunnedevi Village Development Committees aiming to improve their livelihood. The research found that a number of livestock increased significantly by 74% and income of an individual livestock raiser inclined by 112.1%. The income contributed to purchase food for additional 11 months. Besides their income, their access to service also improved in agriculture, finance, private and local government sectors. The paper disseminates the ideas of rural people towards income generation, risk management and enterprise development. Copyright © 2017 John Wiley & Sons, Ltd.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:wly:jintdv:v:29:y:2017:i:7:p:1016-1024

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