food food crops are backbone of agriculture. comment
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One of the major problems of Indian economy is the uncertainty of agricultural production since agriculture is still a gamble in the monsoons. Since independence, there has been a considerable increase in the production of the agricultural sector and after the wave of green revolution wheat production touched heights. In spite of the spectacular growth in agricultural production, food grains output has been fluctuating from year after year. Green revolution no doubt increased food production but the main question which is still open is will it curb instability or give a push to it. Many economists tried to answer it like Mehra (1981), Hazell (1982), Mahendra Dev (1987), Larson & Ray (2004), and yet the conclusion were not convincing, so, there is still a big research gap on this issue. It is widely acknowledged that the growth rate in food grain output in India seems to have improved because of the impact of new technology. However, the impact of new technology on instability (year-to-year variations in food grain output) has not been quite clear and has remained a matter of concern. During a decade since the adoption of new technology (green revolution) the standard deviation and coefficient of variation of production of all the crop aggregates increased as compared with the pre-green revolution period. Instability of output of agriculture also results in causing instability in the related sectors. For example, a fall in the production of jute causes a small availability of raw material for the textile industry. Likewise, a cut-back in agricultural production also results in the reduction of employment in agriculture and this, in turn, reduces aggregate demand in the economy as the purchasing power of the cultivator falls. Thus, a major development issue for the Indian economy is to devise a strategy of agricultural development which can reduce instability and promise a steady growth of agricultural output (Dutt & Sundharam, 2006). Capital formation is very crucial for economic growth (Classicals) which is to say that higher savings and investments in an economy will promote growth in all the sectors. Economists have emphasized on the role of capital formation in promoting agricultural growth rate and reducing poverty by arguing that with more capital in place, policy objectives of government for reducing poverty and ensuring food security can be met by stimulating public investment in the concerned sectors. This, in turn, would not only help in achieving stated policy targets but would also indirectly fuel growth for the agricultural sector in the economy. But, it does not mean that we have to use capital unnecessarily. It is of very vital importance that the pattern of investment should be so designed that agriculture should not be neglected in the policymaking. Certain areas such as defense equipment, heavy and engineering industries etc. should be permitted to use capital-intensive technology but as far as agriculture goods are concerned we must emphasize upon labour-absorbing technologies with judicious doses of capital. The objective of expansion of agriculture production and productivity in harmony with the fulfillment of full employment level of the economy is a necessary as well as sufficient condition for the overall development of Indian economy.
food crops are important for day to day life so we sow the seed it is very important to grow crops so it is a backbone of agriculture