FINANCIAL SIGNIFICANCE OF INSURANCE SERVICES IN AGRICULTURE OF THE REPUBLIC OF KARAKALPAKSTAN

Аннотация

Agriculture in our country is carried out only in difficult and unfavorable natural and climatic conditions. Therefore, every year agricultural producers suffer heavy losses due to natural disasters: drought, lack of water, cold weather, hail, strong winds, and unusual fluctuations. INTRОDUСTIОN Agriculture in our country is carried out only in difficult and unfavorable natural and climatic conditions. Therefore, every year agricultural producers suffer heavy losses due to natural disasters: drought, lack of water, cold weather, hail, strong winds, and unusual fluctuations. High or low Kharat, heavy rains, spring floods and other natural disasters are classified as emergencies in accordance with the criteria for which they are approved. At the same time, the main damage to agricultural production is caused by drought, which recurs regularly. For the above reasons, the damage caused to agricultural production will significantly reduce its sustainability, deprive it of significant reserves for financial stabilization, and will also negatively affect the development of the village as a whole. The unpredictable state of control of natural processes poses a great danger to agriculture. This is increasing the tendency of agriculture to suffer large losses, increasing the need for insurance services from this sector in itsplace. EXPERIMENTAL RESEARCH An analysis of the current modern structure of the national economic complex shows that the dominant role and place in it belongs to irrigated agriculture, and as a result, the majority of industrialenterprises are designed to process agricultural raw materials. The republic's agriculture is specialized in the production of cotton, rice, alfalfa seeds, astrakhan skins, wool, cocoons, silkworms, vegetables, melons and fruits. These products, after initial processing, are exported outside of Karakalpakstan, and a certain part remains to meet domestic needs. However, as production increases, industries such as vegetable growing and horticulture not only increasingly meet the needs of the population of Karakalpakstan, but also send moreand moreproducts toforeign countries. Agriculture and its main branch, irrigated agriculture, are based on artificial irrigation. The total area sown with cotton is 86.3 thousand hectares; in 2020, the total cotton yield amounted to 196.0 thousand tons. In the structure of agriculture in terms of share in the total sown area, the number of farms, the number of workers and employees, and gross income, the leading role belongs to cotton growing. As a result, a significant part of irrigated agriculture specialized in the production of raw cotton and its sown areas are located in almost all farms and natural- economicregions. [1] 222 INTERNATIONAL MULTIDISCIPLINARY JOURNAL FOR RESEARCH & DEVELOPMENT SJIF2019:5.2222020:5.5522021:5.6372022:5.4792023:6.5632024:7,805 eISSN:2394-6334 https://www.ijmrd.in/index.php/imjrd Volume12,issue07(2025) Unlike many wilayats of the Republic of Uzbekistan and, above all, the neighboring Khorezm region, in the Republic of Karakalpakstan, huge water resources are used in the production of raw cotton, but its gross harvest is still small, so the structure of the agricultural sectorwill have to change. Taking all this into account, during the years of independence in Karakalpakstan, an extensive program was adopted to improve cotton growing and new varieties of cotton were introduced and introduced. For example, the Chimbay Experimental Breeding Station has developed new early ripening varieties cotton, meeting the natural conditions of the northern regions of Karakalpakstan. As a result of the measures taken to develop irrigation, develop new lands, strengthen the material and technical base of cotton farms, significant progress in the development of cotton growing. Agricultural technology for cotton cultivation was developed that corresponded to the natural, climatic and reclamation conditions of the Republic of Karakalpakstan, as aresult of which cotton yields significantly increased in advanced farms. RESEARCH RESULTS The second specialized branch of agriculture after cotton growing is rice growing, and this industry annually produces more than 170.6-201.6 thousand tons of grain and a huge part of the water resources is spent on this industry; therefore, in recent years, the Vietnamese cultivation experience has been introduced in therepublic to savewater resources rice. Now, Karakalpakstan is considered the leading grain region of Uzbekistan. It accounts for a tenth of the grain produced by the entire population. Many farms receive up to 40-50% profit from the sale of grain, which has a decisive impact on the financial condition of enterprises and their economic well-being. However, we have to concentrate grain production in specialized farms of therepublicdue to itsconstant decline TABLE1.Grain production in all categories offarms in Karakalpakstan. [5] Years. Indicators 1990 1995 1996 1997 1998 1999 2000 2005