ZENITH International Journal of Business Economics & Management Research
  • Year: 2014
  • Volume: 4
  • Issue: 2

The sustainable development of agriculture sector through subsidies is possible in India

  • Author:
  • Harshal Anil Salunkhe, B.B. Deshmush
  • Total Page Count: 7
  • Page Number: 97 to 103

*Asst. Proffesor, Dept. of Business Administration, SSBT's Coet, Bambhhori, Jalgaon

**P.HD. Guide, North Maharashtra University

Online published on 8 April, 2014.

Abstract

In India agriculture sector comes under priority sector. The agriculture sector contribution towards GDP is lower as compare other sector in India. The farmers in India are poor they depends on government support for cultivation of crops. In last few years the percentage of production in agriculture sector is increase at same time percentage of subsidies in agriculture sector also increases. The present capital investment in agriculture and allied sectors has witnessed a regularly increasing trend in recent years. It has risen from 13.5% in 2004–05 to 20.1% in 2010–11. But growth of this sector is not more than 4% in 10 years; it is very low as compare to other sector in India. This thing shows there is need of development of agriculture sector in India. The big question is subsidies are really beneficial to agriculture sector? And answer is not going to common conclusion; there are different views about answers. But if we wants sustainable development in agriculture sector, the subsidies is one of the best way. The study is based on government report, research paper, articles etc.

Keywords

Agriculture sector, Capital investment, Subsidies, Sustainable development