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

International development association, International development associatio...

International development association: Part of the challenge entails reorienting surveillance, the process through which the BW institutions policy advice is delivered, to mak

Isoquant, if the price of labour is 2000 per hour and the price of capital ...

if the price of labour is 2000 per hour and the price of capital is 1000 per hour.is there an efficiency point of production.

Define the circular flow diagram, The circular flow diagram is used to repr...

The circular flow diagram is used to represent the interdependence that exists between sectors of the economy.  The diagram illustrates that there are various collections of same e

The supply curve , The Supply Curve  – The supply curve exhibits how mu...

The Supply Curve  – The supply curve exhibits how much of a good manufacturerss are willing to sell at a particular given price, holding constant  other factors that can aff

Reducing risk, Reducing Risk Three methods consumers attempt to reduce ...

Reducing Risk Three methods consumers attempt to reduce the risk are:  1) Diversification  2) Insurance  3) Collecting more information

Accompanying table , The accompanying table represents the price and yearly...

The accompanying table represents the price and yearly quantity sold of ice cream cones on Sidfield Island.   Price of Ice Cream Cones Quantity of Ice Cr

Balancing needs and resources, Balancing Needs and Resources planning ...

Balancing Needs and Resources planning is a balancing act. It involves the balancing of needs with resources towards set goals. Likewise, educational planning involves the bal

Chemical combination, Draw a diagram to show the type of bond between two f...

Draw a diagram to show the type of bond between two flourine atom

Employee communication, Employee Communication More widely called int...

Employee Communication More widely called internal communications, employee communication is must in retaining a happy and productive workforce. Internal communications to e

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