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Author: B2B

Revisiting the Basics

Minimum Support Prices in Indian Agriculture: MSP definition; Working; Issues; Drawbacks; Way Ahead; Buffer Stocks

Issues related to Minimum Support Price in India Minimum Support Price Definition: MSP is a part of India’s Agriculture Price Policy. MSP is the price at which the government purchases crops from the farmers. MSP is the guaranteed ‘minimum floor price’ that farmer must get from the government in case the market price of the… Continue reading Minimum Support Prices in Indian Agriculture: MSP definition; Working; Issues; Drawbacks; Way Ahead; Buffer Stocks

Government Intervention in Indian Agriculture

Issues Related to Government Intervention in India’s Agriculture Background Government intervention in food grain marketing in India began in 1960’s. The objective of the intervention is to revamp and incentivise the agriculture sector by using HYV seeds and technological inputs with the ultimate aim of increasing food grain production. Increasing production alone is not sufficient;… Continue reading Government Intervention in Indian Agriculture

Types of Farm Subsidies in Indian Agriculture: Irrigation and Power Subsidies; Fertilizer Subsidy; Seed Subsidy; Credit Subsidy

Subsidies in Indian Agriculture Major subsidies on Agricultural Inputs Power and Irrigation Subsidies: Subsidies on power and irrigation are provided by the state governments. Power subsidy is granted on power that is used to draw on groundwater. Accordingly, it is a subsidy to privately drawing and privately-owned means of irrigation. Power subsidy is the difference… Continue reading Types of Farm Subsidies in Indian Agriculture: Irrigation and Power Subsidies; Fertilizer Subsidy; Seed Subsidy; Credit Subsidy

Farm Subsidies in India: Definition; Working; Need; Negative Impacts

Agriculture Subsidies in India Introduction of the HYV program in the mid-1960s necessitated a high priority to supplying quality inputs like irrigation, water, fertilizers and electricity to the Indian farmers. These all were classified as essential inputs for the development of the agriculture. To ensure that these inputs are accessible to all farmers at all… Continue reading Farm Subsidies in India: Definition; Working; Need; Negative Impacts

E-Technology in Indian Agriculture to Aid the Farmers

E-Technology in Agriculture E-Platform for Agriculture Markets in India. The electronic trading portal for national agricultural market is an attempt to use modern technology for transforming the system of agricultural marketing. National Agriculture Market The National Agriculture Market (NAM) is envisaged as a pan-India electronic trading portal which seeks to network the existing APMC and… Continue reading E-Technology in Indian Agriculture to Aid the Farmers

Private and Co-operative Sector in Marketing of Agriculture Produce in India, Crop Insurance in India

The entry of private sector in Agriculture Marketing As a step towards liberalisation of agricultural trade, the union government issued an order on 15 February 2002, which removed licensing requirements and all restrictions on buying, stocking and transporting specified commodities, including wheat, rice, oilseeds and sugar. They were further decontrolled after this. Similarly, the dairy… Continue reading Private and Co-operative Sector in Marketing of Agriculture Produce in India, Crop Insurance in India

Marketing of Agricultural Produce in India: Definition; Role; APMC Act, Model APMC Act, 2003

Agricultural Marketing in India Definition: In a very narrow sense, Agriculture marketing means delivering farm product from farmers to the final consumers. The National Commission on Agriculture defined agricultural marketing as a process which starts with a decision to produce a saleable farm commodity, and it involves all aspects of market structure of system, both… Continue reading Marketing of Agricultural Produce in India: Definition; Role; APMC Act, Model APMC Act, 2003

Types of Cropping Systems: Mono cropping; Crop Rotation; Sequential Cropping; Inter Cropping; Relay Cropping

Cropping Systems/ Combinations  Monocropping: Example Planting Wheat year after year in the same field. Monocropping is when the field is used to grow only one crop season after season. Disadvantages: it is difficult to maintain cover on the soil; it encourages pests, diseases and weeds; and it can reduce the soil fertility and damage the… Continue reading Types of Cropping Systems: Mono cropping; Crop Rotation; Sequential Cropping; Inter Cropping; Relay Cropping

Cropping Patterns in India: Factors Affecting; Most Important Cropping Patterns

Cropping Pattern in India Back to Basics: Cropping Pattern mean the proportion of area under different crops at a point of time, changes in this distribution overtime and factors determining these changes. Cropping pattern in India is determined mainly by rainfall, climate, temperature and soil type. Technology also plays a pivotal role in determining crop… Continue reading Cropping Patterns in India: Factors Affecting; Most Important Cropping Patterns

Situation of Indian Agriculture

Indian Agriculture: A brief Outlook Agriculture accounted for 14% of India’s GDP in 2016-17 and provided employment to more than half a billion people. The share of Agriculture in employment is close to 54% as on 2016-17. Indian Agriculture is dominated by the small-scale farming and is characterised by low productivity. The average size of… Continue reading Situation of Indian Agriculture

Privatisation of Public Sector Enterprises in India

Privatisation of Public Sector Enterprises in India Privatisation is a process by which the government transfers the productive activity from the public sector to the private sector. Privatisation offers many advantages. Methods of Privatisation adopted in India. Initial Public Offers (IPO). IPOs are the most favoured method of privatisation followed in the developed countries of… Continue reading Privatisation of Public Sector Enterprises in India

Public sector undertakings in India

The Role of Public Sector Enterprises in the Indian Economy. Disinvestment Policy in India. Categories of Public Sector Enterprises: Maharatnas; Navratnas; Miniratnas.  

Categories of Public Sector Enterprises: Maharatnas; Navratnas; Miniratnas

Navratnas, Maharatnas and Miniratnas The Public Sector Enterprises are run by the Government under the Department of Public Enterprises of Ministry of Heavy Industries and Public Enterprises. The government grants the status of Navratna, Miniratna and Maharatna to Central Public Sector Enterprises based upon the profit made by these CPSEs. The Maharatna category has been… Continue reading Categories of Public Sector Enterprises: Maharatnas; Navratnas; Miniratnas

Disinvestment Policy in India.

The Disinvestment Program in India Disinvestment of the Shares/Equity of Public Sector Enterprises The government of India has decided to withdraw from the Industrial sector, and in accordance with this decision, it decided to privatize the Public sector enterprises in a gradual and phased manner. The approach adopted by the government in this regard is… Continue reading Disinvestment Policy in India.

Industrial Policy in India: Post 1991 Period; New Industrial Policy-1991, National Manufacturing Policy, Make in India.

Industrial Policy in India: Post 1991 Reforms, Period New Industrial Policy, 1991 In the backdrop of severe Balance of Payment Crisis of 1991, the Government in continuation of the measured announced during the 1980s announced a New Industrial Policy on July 24, 1991. The new industrial policy was a major structural break for the Indian economy.… Continue reading Industrial Policy in India: Post 1991 Period; New Industrial Policy-1991, National Manufacturing Policy, Make in India.

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