Growth of agricultural production and productivity, Microeconomics

Assignment Help:

Growth of Agricultural Production and Productivity:

Post-independence period was marked by severe and recurrent shortages of foodgrains. Dependence on imports of foodgrains was on the rise. This continued and persisted for a fairly long period until the mid-1960s when a war with Pakistan highlighted the fragility of the country's food security system. Even though, there was significant increase in agricultural production including the production of foodgrains, the gap between the domestic demand and supply was persistent. 

During this phase increase in agricultural production was fairly high at 3.1 per cent per annum. This rate of increase appears to be phenomenal particularly in comparison to the dismal rate of growth of about 0.5 per cent per annum during the first half of the twentieth century. Even the rate of growth of production of foodgrains was pretty high touching almost 3 per cent per annum. However, but for some significant rise in the yield per hectare for rice crop, most of other increase in production was attributable to the increase in area under the crops. A growth rate of 4 per cent per annum in the production of wheat was largely contributed by growth in area under wheat. Similar was the case of non-foodgrain crops.    


Related Discussions:- Growth of agricultural production and productivity

Clean auto Inc, CleanAuto Inc. has four workers: Julie, Ian, Devon, and Tho...

CleanAuto Inc. has four workers: Julie, Ian, Devon, and Thomas. CleanAuto Inc. provides two services: interior vacuuming and exterior wash. Julie can perform each of these tasks in

#3, Consider a two-period economy with a single commodity (say leisure): x1...

Consider a two-period economy with a single commodity (say leisure): x1 is the con- sumption of leisure in period 1, and x2 is the consumption of leisure in period 2. When Peter ev

Explain change in demand and a change the quantity demanded, What is the di...

What is the difference between a change in demand and a change the quantity demanded?  There is a distinction among demand and quantity demanded. Demand explains the behavior o

What do opponents of globalization protest against, Problem : "The beli...

Problem : "The beliefs that free trade favors only the rich countries and that volatile capital markets hurt developing countries the most have led activists of many stripes

Estimating and predicting cost, Estimating and Predicting Cost * Estima...

Estimating and Predicting Cost * Estimates of future costs can be obtained from a cost function, which relates cost of production to level of output and other variables which t

Example on lotteries in the united states, Most lotteries in the United Sta...

Most lotteries in the United States pay their winnings over time. For illustration, a million-dollar winner will receive $100,000 initially and the rest in equal installments over

Quantity demanded, What is the difference between change in quantity demand...

What is the difference between change in quantity demanded and change in demand

Average product of a factor - short period analysis, Average Product (AP) o...

Average Product (AP) of a Factor: The productivity of a factor is often seen in terms of its average contribution. Although not very important in the theoretical discussions,

Supply of basic industrial inputs, Supply of Basic Industrial Inputs: ...

Supply of Basic Industrial Inputs: Allowing their duty-free imports by exporters would require an elaborate machinery of customs and import licensing to ensure that the impor

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd