International Journal of Advanced Research in Management and Social Sciences

  • Year: 2018
  • Volume: 7
  • Issue: 6

Power subsidies-A threat for sustainability of agriculture and state finances in Haryana

  • Author:
  • Yogita Hooda1, Rajesh Kumar2
  • Total Page Count: 6
  • DOI:
  • Page Number: 60 to 65

1Lecturer in Economics, HES-II, GSSS, UMRA, Hisar

2Assistant Professor, Department of Economics, M. D. University, Rohtak

Abstract

The present paper is an attempt to study the impact of subsidized power on sustainability of agriculture in Haryana. Power subsidies provided to agriculture sector are major subsidies at state level in India. Free electricity or negligibly charged electricity for agriculture remained a major tool for buying votes at the time of elections. Now, It is posing a threat for sustainability of agriculture. The current paper seeks to measure the extent of power subsidies in Haryana. It further tries to get insight into how power subsidies have impacted the agricultural development. It is observed that subsidized electricity has not only increased the financial burden of state electricity boards and government. Beside this economic cost, subsidized electricity is posing great threat to ground water level and for environment.

Keywords

Agriculture, environment, electricity, subsidy