ACADEMICIA: An International Multidisciplinary Research Journal
  • Year: 2017
  • Volume: 7
  • Issue: 4

New economic policy and the food grains sector in India

*Assistant Prof, Department of Economics, Shri Sant Damaji Mahavidyalaya, Mangalwedha, (Maharashtra), India. Email id: sant.sury@gmail.com, Mob: 9763708789

**Associate Prof. Department of Economics, Shri Sant Damaji Mahavidyalaya, Mangalwedha, (Maharashtra), India. Mob: 9890845841

Online published on 16 May, 2017.

Abstract

The 25 years of economic liberalization had adversely affected the Indian agriculture sector specially foodgrians. The Present research paper is based on secondary data. It is collected from various Government of India Reports. The main objective of research paper is to examine the trends of area under foodgrians, Production and yields in India. Moreover to examine the per capita net availabilityof foodgrians in India. The scope of the research paper is to all India area, production and yield and its per capita net availability for the study i.e. 1991 to 2014. One could observe that during the new economic policy period, the area under foodgrians (Five Year Average) was marginally decreased (−0.26 percent) from the level of 123.89 million hectare in 1991–95 to the 123.57 million hectare in 2011–14. After new economic policy, there is a clear decline in the per capita net availability of foodgrians in India. Moreover per capita of net availability of Rice, other cereals and cereals are also declined. The term sometimes also refers to the movement of people (labor) and knowledge (technology) across international borders. There are also broader cultural, political, and environmental dimensions of globalization”. Minimum support price, production strategies, public investment in infrastructure, research and extension for crop, livestock and fisheries, horticulture, agriculture technology, e-Mandi, chemical fertilizers and irrigation facilities have expressively helped in growing the agricultural development. India accounts for only about 2.4% of the world's geographical area and 4% of its water resources, but has to support about 17% of the world's human population and 15% of the livestock.

Keywords

Food grains, Area, Production, Yield, Cereals, Pulses