Question

Impact of economic reforms indian agricultural sector

Answer 1

Before 1991, markets and price mechanism were not the policymakers' tool. On the other hand, governments, both at the Centre as well as States, were serious in intervening markets for agricultural commodities and inputs. In the early years of planning, agricultural development strategy centered around land reform programs and in the late 1960s and 1970s, green revolution technology became the dominant policy.
In fact, planning for agriculture has been an outstanding example of indicative planning in this nation since output decisions as well as investment decisions are independtly taken by millions of farmers who aim at achieving the public goal of self-sufficiency in food grains. Despite remarkable achievement in this sector, there is no room for complacency.