Post-reform India has seen a decline in agricultural growth as well as supply–demand imbalance and rising prices. This book presents a comprehensive analysis of domestic and international prices and trade since 1980–81, covering the past quarter of a century. Backed with rich data, it provides comparisons between the pre- and post-liberalisation policies and their effect on farm profitability, domestic prices and prices variability, and examines their possible role in determining the trajectory of agricultural growth since 1991.
The book will appeal to students, scholars and researchers of agriculture studies, economics, finance, and development studies, as well as policy makers and agriculture experts.
‘[A] detailed and rigorous study of the Indian experience just before and after liberalisation.’ — C. P. Chandrasekhar, Professor, Centre for Economic Studies and Planning, Jawaharlal Nehru University, New Delhi
‘[E]legant and systematically organised . . . The [study] is based on sound analytical techniques and logic.’ — Ramesh Chand, Director, National Centre for Agricultural Economics and Policy Research, New Delhi
Foreword C. P. Chandrasekhar. Acknowledgements. 1. Introduction 2. Indian Agriculture under Economic Reforms: A Preliminary Review 3. Agricultural Price Policy and Farm Profitability: Examining Linkages 4. International Price Trends and Volatility 5. Agricultural Trade: Policies and Patterns 6. Trade Competitiveness of Indian Agriculture: A Comparison of Domestic and World Prices 7. Decomposing Variability in Agricultural Prices 8. Evaluation and Conclusion. Appendix I: Methodology for Measuring Volatility. Appendix II: The Decomposition Model. Appendix III: Tables. Appendix IV: Figures. About the Author. Index