How to reform India’s Agriculture?
This could have gone to assorted links section. But as I have been writing on State of Indian Agriculture seperately, I thought it bettter to bring this one seperately. In ET today, Ashok Gulati has written an excellent article on how can we bring growth in India’s agriculture. If you recall, Prime Minister in the recent National Development Council had said govt. would invest Rs 25,000 cr on the ailing agriculture sector. I had written about it here. (By the way the speeches etc related to the meet are out now and you can find them here, in particular the strategy paper on agriculture looks quite good) Now on the article. The question Gulati asks is where should govt spend the Rs 25k? Should it go towards irrigation systems, or better fertilizers or power? That is a question which would interest policymakers the most. Where to spend? He says the research done at IFIPR by him and his colleagues show: • If the objective is raising growth rates in agriculture, marginal returns are highes
