Supporting Indian Farms the Smart Way
Ashok Gulatu, Marco Ferroni; Zhou, Yuan | June 2018
Abstract
The main policy instruments of supporting Indian farms remain that of subsidising key farm inputs (such as fertilisers, power for irrigation, canal waters, agri-credit and crop insurance) on one hand, and minimum support prices (MSP) for major (23) crops, on the other. But the way MSP regime has worked, and the way trade policy has intervened through myriad controls ranging from minimum export prices to outright bans on exports, the combined effect of input subsidies and output pricing regime, captured through PSEs (producer support estimates) has been negative, a sort of implicit tax on farmers. PSE was to the tune of (-)14.4 percent of the value of gross farm receipts for the period 2000-01 to 2016-17, and minus (-) 6.4 percent for more recent triennium average of 2014-15 to 2016-17 (OECDICRIER 2018).
Citation
Ashok Gulatu, Marco Ferroni; Zhou, Yuan. 2018. Supporting Indian Farms the Smart Way. © Indian Council for Research on International Economic Relations. http://hdl.handle.net/11540/8897.Keywords
Agricultural education
Agricultural information
Agricultural statistics
Sustainable agriculture
Commercial agriculture
Agricultural And Rural Development
Asian Development Bank
Water Resources Development
Sustainable Development
Agricultural education
Sustainable development
Environmental management
Agricultural investment
Agribusiness
Agroindustry
Agricultural institutes
Agricultural development
distribution
Joint projects
Development models
Industrial policy
Education
Social Development
Digital
E-commerce
Economic development
New agricultural enterprises
Cooperative agriculture
Government policy
Entrepreneurship
Food Supply
Food Security
Organic dairy farming
Organic floriculture
Organic viticulture
Produce trade
Crop
Organic gardening
Economic development
New agricultural enterprises
Cooperative agriculture
Government policy
Entrepreneurship
Communication in rural development
Development banks
Rural land use
Land use
Natural resource
Water supply
Mill
Irrigation systems
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