Agricultural Growth for Poverty Alleviation

Agricultural growth has long been recognized as an important instrument for poverty reduction. Yet, measurements of this relationship are still scarce and not always reliable. The authors present additional evidence at both the sectoral and household... Read more

Agricultural growth has long been recognized as an important instrument for poverty reduction. Yet, measurements of this relationship are still scarce and not always reliable. The authors present additional evidence at both the sectoral and household levels based on recent data. Agriculture Growth Rate in India GDP had been growing earlier but in the last few years it is constantly declining. Still, the Growth Rate of Agriculture in India GDP in the share of the country's GDP remains the biggest economic sector in the country. Agricultural development has three distinct but related dimensions: the physical-technical, the economic-financial, and the institution-human. The physical-technical dimension addresses land utilization, agricultural technologies, research and extension, agricultural inputs, farm-to-market access, productivity and production maximization, and so on. Agricultural development from the economic-financial perspective is concerned with costs, factors of production, terms if trade, pricing policies, subsidies, incentives, credit, return on investment, market mechanisms, and the like. Agriculture dominates non-agricultural activities by its potential to reduce poverty, whether the comparison is within or between countries. More than half of the reduction in poverty achieved in the selected countries during the years under study can be attributed to growth in agricultural incomes. The book basically contains basic concepts and ideas on various courses purely meant for teaching undergraduates and some practical examples are also included in the book. Less