C. Chattopadhyay
eBook, ePUB

Agricultural Policies In Developing Countries (eBook, ePUB)

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Indian agriculture has, since Independence, made rapid strides. In taking the annual food grains production from 51 million tonnes in early fifties to 206 million tonnes at the turn of the century, it has contributed significantly in achieving self sufficiency in food and in avoiding food shortages. Interventions in foreign trade markets that induce a transfer of resources from agriculture invariably lead to depressed conditions in the sector. Some governments react with policies that subsidize agricultural inputs and raise farm level commodity prices while, at the same time, maintaining low a...

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