Challenges to Indian agriculture: future strategy

T. Koti Reddy
Additional contact information
T. Koti Reddy: ICFAI Business School, Hyderabad
Authors registered in the RePEc Author Service: Koti Reddy Tamma

Philippine Review of Economics, 2007, vol. 44, issue 2, 149-169

Abstract: This paper discusses production and productivity trends, and challenges to, and future strategy of, the Indian agricultural sector. The author suggests that there is a need to raise farm productivity, especially in the country’s vast rain-fed areas. Priority should be given not just to crop farming but also to livestock farming, horticulture, fodder plantation, and grassland development. Improved seeds and fertilizers, and proper irrigation facilities can play a crucial role in raising productivity. The growth of the agricultural sector depends on the growth of infrastructure facilities like irrigation, rural roads, market, power, cold storage, etc. The study points out that the decline in public investment in agriculture is mainly due to the diversification of resources in the form of subsidies for food, fertilizers, electricity, irrigation, credit, etc. The study concludes that the diseconomies in cost, lack of quality of domestic products in foreign markets, and cutthroat competition from other agrarian economies are the major constraints to Indian agricultural exports. The author suggests contract farming to raise high-value crops on small farms and public-private partnership in agricultural research.

Keywords: capital formation; production and productivity trends; institutional credit; regulated marketing; infrastructural facilities (search for similar items in EconPapers)
JEL-codes: O O10 (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

Downloads: (external link)
http://pre.econ.upd.edu.ph/index.php/pre/article/view/232/633 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:phs:prejrn:v:44:y:2007:i:2:p:149-169

Access Statistics for this article

More articles in Philippine Review of Economics from University of the Philippines School of Economics and Philippine Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by HR Rabe ().