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

Common property regime , Normal 0 false false false EN-...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Ppf, You should find two articles, of which one should report on changes th...

You should find two articles, of which one should report on changes that make farming more productive (more food per acre, hour or other unit of inputs), and another about changes

Micro , We couldn''t find "Bob sold 50 fans at $20 a piece last month. This...

We couldn''t find "Bob sold 50 fans at $20 a piece last month. This month he decreased the price to $15 and sold 75. What is the price elasticity of demand for fans

Fundamental unit of individual economic behaviour, Households: The fundamen...

Households: The fundamental unit of individual economic behaviour. Households offer labour supply to labour market, make consumer purchases,earn income (from employment and other s

Role of government in a market based economy, 1) What are the most importan...

1) What are the most important challenges that economists try to address? (2) What is the role of government in a market based economy?  (3) Who are the main economic players

What is micro economics, Micro economics is the study of individual unit of...

Micro economics is the study of individual unit of an economy

Design process, The outer shape of a football can be described via the foll...

The outer shape of a football can be described via the following equation               Using Matlab, plot the outer shape of a football in  red or orange using a line widt

Managerial economics, Below are the two estimated cost functions. describe ...

Below are the two estimated cost functions. describe what type of data was most likely used to estimate each one and why. Explain which is a short- run function, determine the leve

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