<p>Present study aims at identifying the portfolio of flood tolerating risk averse strategies adopted by the farm households and its determinants in agriculture using primary data collected from all agro-climatic regions in Assam. The need-based modification of crop calendar, mixed cropping and application of flood-tolerant crop varieties were found to be the popular strategies in minimizing flood induced crop loss in the study area. The flood hazard exposure, farm characteristics, socio-demographic factors, access to institutional support and physical infrastructure considerably influenced farmers' choice of a particular strategy at the farm level. Notably, farmers in highly flood-prone areas were more inclined towards strategies like flood-tolerant crop varieties, adjustment of crop timing and mixed cropping for mitigating flood-induced production risks. Though proximity to farm infrastructure and markets seems to be important, but accessibility constraints limit the adoption of a strategy. Steps towards improved road infrastructure and decentralised market hubs can address logistical barriers in market access. Bridging gender divide through dedicated policies can empower female-headed households, while subsidies towards flood-tolerant crop varieties and technological advancement can boost the farm households in the study area. Targeted intervention is necessary in minimizing geographical divide in irrigation access especially in low-lying areas of Assam across the crop calendar.</p>