Question

Effect of diversification of rural economy in india

Answer 1

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Diversification of farming into livestock rearing provides an opportunity to augment farm income and to reduce income risk, particularly in dryland areas where income from crop husbandry is unstable. This study is based on the time series cross-section data drawn from village level studies project of ICRISAT, hyderabad, India in the dryland tract of peninsular India. The risk efficient plans are derived using a quadratic risk programming model. The model results suggest that raising of milch animals on the farm not only increases the level of expe

Answer 2

Answer:

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