Page 97 - DECO303_INDIAN_ECONOMY_ENGLISH
P. 97

Indian Economy




                    Notes          rains” maintains good even today, after closely six decades of planning. In simple terms,
                                   agricultural planning has been a failure.

                                   Self Assessment

                                   Fill in the blanks:

                                   7.  During the ……………………, the Planning Commission has fixed the target of 4 per cent,
                                       rate of growth in agriculture, as if this is the first time such a “high” rate of growth has
                                       been fixed.

                                   8.  The Planning Commission has appointed a special …………………… to monitor this rate
                                       of growth.
                                   9.  The …………………… in crop production from year to year shows that there is very little
                                       planning in Indian agriculture.

                                   6.3 Green Revolution: The Future Prospects

                                   It is important for you to note that green Revolution started in the 1960’s centred around the
                                   usage of semi-dwarf high yielding varieties responsive to irrigation and chemical fertilisers
                                   produced good outcomes in giving a big boost to the production of wheat in the initial stage and
                                   the production of rice in the subsequent stage. But more currently, it has been felt that high
                                   yielding varieties have attained a plateau and the scope for future increase in production seems
                                   to be very restricted. In other words, the seed-water-fertilizer technology has possibly exhausted
                                   its potential and is at present at a point of diminishing returns.

                                   The Planning Commission put a target of food grains production of the order of 300 million
                                   tonnes by 2007-08 but the real production was 216 million tonnes. The question broached is:
                                   What are the prospects of achieving this target?
                                                           Table 6.5: Average Food grain Yield

                                                                                                 Kg per hectare
                                                           1960s     1970s      1980s      1990s    2011-12
                                      Food grains           719       894       1,156      1,490     2,059
                                      Wheat                 950       1,382     1,921      2,449     3,140
                                      Rice                 1,000      1,158     1,470      1,827     2,372

                                   Source: Indian Economy, Datt and Sundharam, S. Chand
                                   Some such as Harish Damodaran do not subscribe to the opinion that agricultural production
                                   has attained a plateau. Data given in Table 6.5 points out that food grain yield has continued to
                                   rise from 719 Kg in 1960s to 1,490 kg. The rise in yield has been more pronounced in the instance
                                   of wheat from 950 Kg in 1960s to about 2,450 Kg in 1990s and 3,140 in 2011-12, though in rice too
                                   yield has increased from 1,000 Kg in 1960s to 2,372 Kg in 2011-12. While bringing more regions
                                   under High Yielding Varieties, highest yield rates may have depicted some signs of stagnation.
                                   It would, hence, be essential to understand the theoretically obtainable maximum yield and the
                                   actual realizable maximum. It may be observed that the first Green Revolution variety Sharbati
                                   Sonora had illustrated a yield potential of about 3.4 tonnes per hectare. The subsequent jump in
                                   yield variety arrived from Kalyansona in 1970 to 4.2 tonnes. For a main breakthrough, the
                                   country had to wait till 1994 when latest rust-resistant varieties such as UP2338 jacked up yields
                                   to 5.1 tonnes and PBW 343 in 1995 to increase it further to 5.4 tonnes per hectare.





          92                                LOVELY PROFESSIONAL UNIVERSITY
   92   93   94   95   96   97   98   99   100   101   102