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Agricultural Crisis and Farmers-friendly Reforms in India

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Agricultural Crisis and Farmers-friendly Reforms in India

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Description

According to the Fifth Annual Employment-Unemployment Survey of the Ministry of Labour and Employment, 45.7 percent of Indias workforce in 2014-15 was employed in agriculture. Around 13 to 14 percent of Indias national income originates from the agricultural sector. Agricultural sector, thus, occupies a key position in the Indian economy, at least in terms of employment. Regrettably, agricultural sector in India has been witnessing loss of dynamism in recent years. The sector, as a whole, has showed poor performance lately. Signs of agrarian distress are visible in parts of the country. The spate of suicides by farmers in some areas is the most disconcerting manifestation of this distress. Marginal and small farmers have borne the brunt of the adverse circumstances in agriculture. Agricultural crisis has increased overtime due to a number of reasons but mainly owing to widening disparities between agricultural and non-agricultural sectors, resulting in burgeoning gap between the incomes generated per worker from the two sectors. Concerned by the slow growth in the agriculture and allied sectors, the Government of India has launched a series of programmes/schemes in recent years to rejuvenate agriculture and improve farm incomes. These, inter alia, have included the following: (a) Rashtriya Krishi Vikas Yojana (RKVY); (b) Pradhan Mantri Kisan SAMPADA Yojana; (c) Doubling Farmers Income by 2022-23; (d) Pradhan Mantri Fasal Bima Yojana (PMFBY); (e) Pradhan Mantri Krishi Sinchai Yojana (PMKSY); and (f) Farm Loan Waivers. Under National Agriculture Market (e-NAM), farmers can sell their produce on the internet. e-NAM is envisaged as a pan-India electronic trading portal which seeks to network the existing agricultural produce market committees (APMCs) and other market yards to create a unified national market for agricultural commodities. e-NAM is a virtual market but it has a physical market (mandi) at the back end. Indias future agricultural development will require much faster crop diversification in view of changes in consumption pattern. There is growing preference for milk and milk products, meat, poultry, fish, fruits and vegetables. Areas like horticulture and floriculture also hold promise as they have higher export potential. Accelerating the rate of growth of agricultural production must be seen as central to a more inclusive growth. It is imperative that the problems of farmers are addressed with a sense of urgency. The present work focuses on the issues and concerns impacting the Indian agriculture. More importantly, it explains the key reform measures undertaken in recent years to mitigate agrarian distress, modernize agriculture and improve the economic conditions of the farmers, particularly small and marginalized ones.

Author Biography:

Professor G. Satyanarayana is presently Emeritus Fellow of University Grants Commission (UGC) at Sri Krishnadevaraya University (S.K. University), Anantapuramu, Andhra Pradesh. He retired as Dean of Social Sciences and Director, Centre for the Study of Social Exclusion and Inclusive Policy from the same University. A Gold Medalist in M.A. (Economics), he has more than 100 research papers and 9 books to his credit. He successfully completed one major research project sponsored by the UGC, New Delhi. Earlier he worked as Director, College Development Council, S.K. University, Anantapuramu and also as a Senior Research Officer at the Centre for Planning and Development Studies, a Premier State-sponsored Research Centre in the University. Deeply interested in the economics of cottage and small-scale industries and environmental economics, he has produced 38 Ph.D. and 22 M.Phil. scholars in different areas of economic research. He was awarded the Andhra Pradesh State Best Teacher Award for the year 2010. Dr. H.S. Madhusudana is presently Associate Professor and Head, Department of Economics, Government First Grade College, Mulbagal, Kolar District, Karnataka. He obtained his M.A. (Economics) and M.Phil. degrees from Bangalore University, Bangalore in 1993 and 1996 respectively. He received his Ph.D. degree from Sri Krishnadevaraya University, Ananthapuramu, Andhra Pradesh in 2005. He has participated and presented research papers at various national and international conferences.
Release date Australia
September 1st, 2018
Audience
  • General (US: Trade)
Pages
278
ISBN-13
9788177084689
Product ID
28378846

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