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An analytical study on agricultural production and productivity trend in India since liberalisation

Author: 
Dr. Revathi, R. and Mallika, V.
Subject Area: 
Social Sciences and Humanities
Abstract: 

The present study discussed an agricultural production and productivity trend in India during the liberalization period from 1990-91 to 2014-15. Data on important variables like, Agricultural production, area under cultivation, yield and agricultural exports were compiled from the period 1990-91 to 2014-15. For analysis of this study were used the statistical tools like Simple Linear Regression Model, Semi- log model and annual growth rates. The major objectives of the study were to evaluate the performance of agricultural production in India, to analyse the trend of agricultural production and productivity in area under cultivation of food grains and major commercial crops in India from 1990-91 to 2014-15 and to compute the compound growth rate of agricultural production, area under cultivation and yield of food grains in India. The major findings were derived from the study on an average the production of food grains had been increased to 2.62 million per year during the liberalization period from 1990-91 to 2014-15. In 1990-91 to 2014-15, the average production of rice and wheat has been increased to 1.162 million and 1.38 million tonnesper year. Yield per hectare of food grain production was a declining trend during1990-91 to 2014-15. The share of agriculture and allied sector in the gross domestic product has registered a steady declined from 36.4 percent in 1982-83 to 14.1 percent in 2011-12. Not-withstanding, the declining trend in agriculture share in the GDP in India since liberalisation. So the Government of India has to give more importance to the agricultural sector to promote the economic growth.

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