• Bansh Gopal Yadava

As a source of livelihood, agriculture and allied activities remain the largest sector of Indian Economy till now. The growth of this sector has rapidly goes down and the share of this sector to GDP is also declining which was 29.53% in 1990-91 to 10.32% in 2016-17. The share of plan outlay was 14.9% in first plan which was decline to 3.70% in eleventh plan. Here researcher is taken capital in term of public investment and then compare the capital productivity & its intensity among some states. This study is based on secondary data and tested by F statistics. Many factors account for the difference in public investment in different state i.e. resources of the state Government, grants from the Central Government, fertility of soil, prospects of further agricultural growth and political considerations are some of the factors responsible for difference in level of public investment per hectare in different states. For example, political considerations have prompted the Central Government to announce special economic assistance of Jammu and Kashmir, during every phase of study. Sufficient resources of the state government and fertility of soil and the future prospects of agricultural growth account for a high level of public investment in the state of Punjab. All Analysis shows that there is a regional disparity in public expenditure, therefore sectorial GSDP in agriculture is also differing. Intensity of public investment and Capital Productivity show that no any states which use constant Intensity of public investment and Capital Productivity during this period. It is also clear that no any trend in both i.e. Intensity of public investment and Capital Productivity and its range is very high too. Therefore no any certainty to find fixes output by unexpected public expenditure. At last it can said that investment on agriculture and allied sector has less impact on sectorial GSDP or it can be said that these investment is actually just like an expenditure that are spending on agriculture and allied activity which doesn’t improve any productivity of the agriculture sector.

GSDP, Public Investment, Capital Productivity and Intensity of public investment.

"A comparative study of Capital Productivity in Agriculture: Interstate Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.8, Issue 11, page no.d399-d409, November-2021, Available :http://www.jetir.org/papers/JETIR2111358.pdf

"A comparative study of Capital Productivity in Agriculture: Interstate Analysis", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.8, Issue 11, page no. ppd399-d409, November-2021, Available at : http://www.jetir.org/papers/JETIR2111358.pdf