Convergence of schemes to boost investments in agriculture

  1. As per govt data, public investment showed lower growth (11.42%) than private investment (19.81%) during 2004-05 to 2012-13.
  2. Currently, public and private investments are financed through two sources: loans from financial institutions by individuals and governments, and budgetary support from the central and state govts.
  3. To achieve high growth in agriculture, we need to increase both public and private investments.
  4. Higher investment will lead to creation of backward and forward linkages, besides supporting production, processing and marketing.
  5. Since the Centre and states have similar schemes for financing investments, there is duplication or concentration of activities in particular areas.
  6. Therefore, there is a need to pool the financial resources of the central and state govts.
  1. As per govt data, public investment showed lower growth (11.42%) than private investment (19.81%) during 2004-05 to 2012-13.
  2. Currently, public and private investments are financed through two sources:
    • Loans from financial institutions by individuals and govts.
    • Budgetary support from the central and state govts.
  3. To achieve high growth in agriculture, we need to increase both public and private investments.
  4. Higher investment will lead to creation of backward and forward linkages, besides supporting production, processing and marketing.
  5. Since the Centre and states have similar schemes for financing investments, there is duplication or concentration of activities in particular areas.
  6. Therefore, there is a need to pool the financial resources of the central and state govts.
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