The report, by the Forum of Enterprises for Equitable Development (FEED) and the Development Intelligence Unit (DIU), is based on a survey involving 6,615 respondents across 20 major states in India.

It showed that 40.9 per cent of farmers have experienced droughts, while 32.6 per cent have faced excessive rains, leading to significant crop losses.

“Over 60 per cent of marginal farmers have faced significant crop losses due to extreme weather events in the past five years, with more than half reporting severe impacts,” said the report.

“These challenges necessitate immediate and sustained action,” it added.

Further, the climatic disturbances have also drastically reduced crop yields — 50 per cent of farmers experienced at least half their standing paddy crop loss, and 42 per cent reported similar losses for wheat.