ISBN 9788132110965,Transforming Indian Agriculture—India 2040

Transforming Indian Agriculture—India 2040

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ISBN 9788132110965
Publisher

SAGE Publications Ltd

Publication Year 2012
ISBN-13

ISBN 9788132110965

ISBN-10 813211096X
Binding

Hard Back

Number of Pages 368 Pages
Language (English)
Subject

Economics

Indias recent performance in agriculture has been favorable. With agricultural production growing over the past 30 years, India has stepped into the ranks of the top five countries in key agriculture products: wheat, rice, cattle, eggs, vegetables, and melons. It has become the worlds leading producer of milk and pulses. And it has been a net exporter of agriculture products every year since 199091. Small holder farmers are shifting toward high-value outputs. Agriculture investment as a share of agriculture GDP rose from 13 percent in 200405 to 18 percent in 200809; private investment increased significantly even while public investment was stagnant; and the private sector has moved into agricultural research and extension services. Retail in food products is modernizing rapidly. Yet there is widespread consensus that, relative to the rest of the economy, agriculture is lagging and that it can and must do much better to support Indias overall high economic growth and dynamism. This book explores the future and presents the audacious question: what could the agricultural sector in India look like 30 years from now and how should it look if it is to successfully meet the needs of the countrys increasingly affluent society? In order to address this question, this book proposes a set of recommendations that should be implemented on a priority basis. These recommendations are as follows: (i) make public programs much more focused and effective; (ii) recognize water as a critical, long-term constraint to Indias agricultural growth and give top priority to significantly improving the efficiency of water use; (iii) promote new high-yield seeds and related technologies, including mechanization, to improve yields and productivity; (iv) improve the effectiveness of agricultural research and extension; (v) support further improvements of the farm-to-market value chain and reduce spoilage; and (vi) improve markets and incentives related to agriculture through reforms of prices, trade, and subsidies.

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