The pilot study for the Farmers’ Distress Index (FDI) was conducted in which two states during the years 2020-21 and 2021-22?

The Correct Answer is Telangana and Andhra Pradesh.

In News

• A pilot study of FDI was conducted in Telangana and Andhra Pradesh during 2020-21 and 2021-22.

Key Points

• The Farmers’ Distress Index (FDI) addresses distress due to climate variability, price volatility, and low risk-bearing ability of farmers.
• A pilot study of FDI was conducted in Telangana and Andhra Pradesh during 2020-21 and 2021-22.
• The FDI aims to provide a user-friendly tool for forewarning stakeholders about farmer distress, based on seven key parameters: exposure to risk, adaptive capacity, sensitivity, mitigation strategies, triggers, psychological factors, and impacts.
• FDI helps in taking preventive actions by providing alerts three months in advance.
• The system is designed to recommend location-specific distress management packages and ensure that government support reaches the most affected regions efficiently.
• FDI can be used by both government and local communities to identify distress and prioritize actions to reduce it.