Volume No. :   10

Issue No. :  1

Year :  2019

ISSN Print :  2321-5828

ISSN Online :  0975-6795


Registration

Allready Registrered
Click to Login

Fertilizer subsidies and Indian Agriculture



Address:   Mohammed Tahir Raoof Malik1, Dr. Dil Pazir2
1PhD Research Scholar (Economics), Department of Economics, Baba Ghulam Shah Badshah University, Rajouri, (JandK) India-185234.
2Head Department of Economics, Baba Ghulam Shah Badshah University, Rajouri, (JandK) India-185234.
*Corresponding Author
DOI No: 0.5958/2321-5828.2019.00044.5

ABSTRACT:
Agriculture around the globe serves as a powerful engine of Economic growth and development. In India, agriculture acts as a central pillar of economy as almost 60% of work force is employed in this sector. To increase the output of agriculture sector, the government intervenes by providing input subsidies. The Government of India is continuously providing subsidies on fertilizers, electricity, irrigation and credit, since early 1970s. The present study is an attempt to estimate the amount of subsidies granted by Government of India from time to time and the trends of total subsidies granted. The author tried to analyze the percentage increase in the amount of subsidies from 1976 to 2017-18 and to compare the agricultural output to the subsidies granted. In an attempt to find out the impact of subsidies on agricultural growth, the author analyzed that the fertilizer subsidies have increased with a rapid rate compared to other subsidies. The results show that the fertilizer subsidies have increased by 84.33% since 1991-92 compared to the agricultural output which increased by just 18.38% during the same period. The study is based upon the secondary data published by fertilizer association of India, agricultural statistics, Government of India, input survey of Government of India and fertilizers statistics (various issues).
KEYWORDS:
Subsidies, Agriculture, Fertilizers, Irrigation, Electricity
Cite:
Mohammed Tahir Raoof Malik, Dil Pazir. Fertilizer subsidies and Indian Agriculture. Res. J. Humanities and Social Sciences. 2019; 10(1): 241-247.
[View HTML]     



Visitor's No. :   401911