Agriculture activities are exposed to controllable and uncontrollable risks. Controllable risks are typically pests, diseases, weeds, and seed material. Uncontrollable risks are mainly climatic such as erratic rainfall, extreme temperature conditions, hail incidences, extreme wind speeds, humidity variations etc. Moreover, the adverse changes in both input and output prices make condition more vulnerable for the farmers. Farmers, from the ages, are trying to cape with above mentioned risks by adopting various risk management strategies. Earlier there were only informal methods of risk mitigation but in independent India, government is also trying to support to the most vulnerable entrepreneurs of the country by offering various formal methods of risk management like insurance, credit, subsidies etc. The study take the look over the situation of the farmers of the desert district of Bikaner.