Production performance of paddy in Punjab
Journal: Indian Journal of Economics and Development (Vol.10, No. 1)Publication Date: 2014-02-20
Authors : Skitu Anyosisye Mwakyeja;
Page : 26-33
Keywords : Paddy; MSP; subsidy; procurement; growth rates.;
Abstract
The present study was primarly based on time series data. The data on area, production and productivity were collected for the period of 1950?51 to 2011?12. The results revealed that the highest growth rates were observed during Green Revolution whereby area, production and yield of rice grew at annual rate of 10.59, 16.35 and 5.21 percent respectively. The high growth rate was due to relatively and stable yield, assured price and public procurement. In addition, subsidized electricity in agriculture irrigation was also found to have positively influenced the area under paddy in Punjab. The implementation of MSP as the price is one of the most important determinants of the area allocation which in turn affects the production of a related crop. Parallel to this, suitable control measures should be devised by the Government in order to minimize the over use of water for irrigation by the farmers which is caused by subsidized price of electricity.
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