Chapter

Agriculture<sup>1</sup>

T.N. Srinivasan

in Eight Lectures on India's Economic Reforms

Published in print June 2000 | ISBN: 9780195652826
Published online October 2012 | e-ISBN: 9780199080649 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780195652826.003.0002
Agriculture1

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This chapter examines the history of agricultural reforms in India. Agriculture is the most important sector of the Indian economy from the perspective of poverty alleviation and the related goal of employment generation. However, it is the one sector which has been largely left out of the process of economic liberalization and reforms initiated in July 1991. This chapter highlights various government interventions in agriculture, including those that kept Indian agriculture insulated from world markets. It also provides recommendations that can improve India's agricultural productivity. These include integration into world markets, improvement of irrigation system, subsidized provision of electricity to farmers, and rethinking and restructuring of public spending on agriculture.

Keywords: agriculture; agricultural reforms; India; poverty; employment; liberalization; agricultural productivity; irrigation; subsidized electricity; public spending

Chapter.  3597 words. 

Subjects: Economic Development and Growth

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