Explian the effects of reforms in agriculture
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The effects of these reforms/policies on agricultural performance include increase in food supply short falls, and rise in retail food prices (Sanyal and Babu, 2010). The agricultural share of the GDP declined from 66% in 1959 to 50% in 1970.
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The effects of economic reforms on the agricultural sector was examined alongside its fundamental roles of food security, supply of raw materials to industries, provision of market, employment and foreign exchange as well as generation of savings for investment in agriculture and other sectors.
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