Agriculture plays an important role in a nation’s economic progress by not only feeding its population but also by providing rural employment, agriculture related export and fetching foreign exchange. Adoption of new technologies and interdisciplinary management approaches has significantly improved the agricultural produce. This study provides an insight into the application of several satellite remote sensing-based models that are used to quantify the crop yield. Further, it emphasizes on the need to develop a single or hybrid problem specific and user-friendly model. This may facilitate agriculturists and other stakeholders to identify the most reliable technique to ascertain the crop yield.