Potentials of productivity growth, Microeconomics

Assignment Help:

Potentials of Productivity Growth:

It needs to be noted that growth in productivity witnessed in the past are an average rate at the All-India level. There are considerable regional and inter-farm variations. Sustained increase in agricultural production and productivity calls for reduction in these inter-regional and inter-farm variations. Overall increase in productivity would obviously be higher if all states and regions as well as all farms adopted the new technology and adjusted their farming operations keeping in view the possibility of raising productivity further.  

It is evident from this table that agricultural productivity in India even in the year 2003 (even after the impact of a rise in productivity over the years) is far below the productivity levels realised in some of the other countries. In respect of rice, for instance, the productivity per hectare in India is less than even one-third of that in Australia. It is less than half that in China and USA and almost half of the per hectare yield in Japan. In the case of wheat, the productivity level in India is close to the world average but is far below that of China and Japan or even USA. Maize, which is included among the coarse cereals, shows a productivity level which is less than half that of world average and also less than one-fourth of the productivity level in USA. In China, the productivity of land under maize is more than double of that in India. Equally dismal is the productivity profile in respect of groundnut in India. However, the productivity situation for sugar-cane crop in India compares favourly with several other countries, although there is still a substantial difference between the productivity of sugar-cane in India and that in Brazil, Australia, USA and China. 

This comparison indicates that there is a tremendous scope for further improvement in agricultural productivity  in India. The rise in productivity in the post-green revolution period, particularly in the decade of 1980's, is only a step in the direction of realising the potentials of growth in productivity. This need not be a wishful dream particularly when we note that India is well endowed with a fairly advanced agricultural research system among the developing countries in terms of scientific skills. The country has to exploit the frontier technologies like biotechnology. It may also have to re-organise and restructure its research organisation to ensure that benefits of research are smoothly transferred from the laboratories to the land.


Related Discussions:- Potentials of productivity growth

Short run, critically evaluate the two main utility theories

critically evaluate the two main utility theories

Assignment, Ask qu a.Fill in the column of marginal products. What pattern ...

Ask qu a.Fill in the column of marginal products. What pattern do you see? How might you explain it? b. A worker costs $30 per day and the ''Firm has fixed costs of $10. Use this

ELASTICITY, WHAT ARE THE PRACTICAL IMPORTANCE OF INCOME ELASTICITY OF DEMAN...

WHAT ARE THE PRACTICAL IMPORTANCE OF INCOME ELASTICITY OF DEMAND?

Minimum welfare level for the poorest senior household, Consumer Behavior: ...

Consumer Behavior: The government considers different calculations to help senior citizens with their increasing heating bills. One proposal on the table is to pay 20% of senio

Explain supply vs. quantity supplied, Define and explain the following econ...

Define and explain the following economic terms: Economics, Microeconomics & Macroeconomics Positive vs.  Normative Economics Law of Diminishing Marginal Utility Opport

Law of demand, "price is becoming cheaper,yet the demand for car is not ris...

"price is becoming cheaper,yet the demand for car is not rising".does it mean law of demand is not operative?

Microeconomics, explain the difference between traditional theory and moder...

explain the difference between traditional theory and modern theory of cost

Determine amplitude of the different diffracted plane wave, Consider a thin...

Consider a thin transparent plate whose thickness d(x,y) is a square (instead of a sinusoidal) periodic function of x of period Δ=λ. Show that the angle θ between the diffracted wa

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