UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 6 Issue 4
April-2019
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR1904J19


Registration ID:
206995

Page Number

158-163

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Title

Indian Agriculture in New Economic Regime, 1975-2015: With Specific Focus on Major Food Grains

Abstract

ABSTRACT Agriculture in India is the most important segment of the economy. Growth of agriculture sector is crucial for Indian economy as it employs two- third of its population and contributes nearly one-third of national income. Hence the trends in Indian agriculture and the determinants of agriculture gross domestic product during the pre and post WTO regime based on Cobb Douglas production function was analysed. The study is based on secondary data for the period of 40 years from 1975-76 to 2014-15. The trend in area and production of major food grains (rice, wheat, coarse cereals and pulses) is analysed for pre (1975-1994) and post (1995-2015) WTO regime. It is concluded that, food grain production in India shows a positive growth after WTO regime but comparatively less than the before WTO period. Indian agriculture sector witnessed increasing returns to scale before and after WTO regime. Increase in the amount of fertilizer and pesticides no longer contribute to the growth of agriculture GDP.

Key Words

Agriculture GDP, Economic Regime, Production, Increasing returns,

Cite This Article

"Indian Agriculture in New Economic Regime, 1975-2015: With Specific Focus on Major Food Grains", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.158-163, April-2019, Available :http://www.jetir.org/papers/JETIR1904J19.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"Indian Agriculture in New Economic Regime, 1975-2015: With Specific Focus on Major Food Grains", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp158-163, April-2019, Available at : http://www.jetir.org/papers/JETIR1904J19.pdf

Publication Details

Published Paper ID: JETIR1904J19
Registration ID: 206995
Published In: Volume 6 | Issue 4 | Year April-2019
DOI (Digital Object Identifier):
Page No: 158-163
Country: Coimbatore, TamilNadu, India .
Area: Arts
ISSN Number: 2349-5162
Publisher: IJ Publication


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