From a case study under the village level study (VLS), it has been found that in the drought agriculture year 2002-03, the farmers of Uttar Pradesh followed their best choice and own outlook for risk aversion and invariably preferred those crops and techniques which involved damage control and low investment and provided insurance against loss. The water harvesting for irrigation, intercropping, growing of low-value crops, high concentration for fodder and grain rather than grain alone, and preferential low-use of monetary inputs are some of the means commonly used by the farmers during droughts. It has been concluded that rainfall probability analyses would be a component of agricultural managing/ reducing risk while large area of the Indo-Gagetic plains is falling in the state. The major weakness in generating this type of information and analysis is that it provides no specific information about the upcoming season with which the farmer must deal. Some suggestions have been given to mitigate risk in agriculture. Need has been pointed out for preparing a draught vulnerability index for different districts. It has been realized that the IMD’s monsoon forecast methodology needs some serious re-thinking. The intensive climate information /farmer interface intensification of watershed programme; tighter agriculture risk management, and sustained crop diversification will have to be considered. It has been suggested that the preparedness measures can be taken by two different agencies: the assisting agency, and the drought-prone areas themselves. Drawing on field information assembled from drought relief performance, state government may develop a way of drawing inference from experience. A particular activity in drought situation should be analyzed and assessed by degree of success, with the region given for the results. These judgments may be recorded and filed in a retrieval system called ‘lessons learnt’; which could be used as a useful reference source in deciding such question as what quantities are required to care for a particular number of people under a particular kind of environment or situation. The contingency plan for drinking water, irrigation water, food security, cropping system, drought warning system and research on drought- resistant varieties of crops may be updated.