Unit-2nd BA LLB
Unit-2nd BA LLB
Agriculture:
The science or practice of farming, including cultivation of the soil for the growing of crops and
the rearing of animals.
On 28 July 2000, the Government made a National Agriculture Policy of India public,
aiming for over 4 percent annual growth through efficient use of
resources and technology and increased private investment, while emphasizing price
protection for farmers in the WTO regime.
The Agricultural Policy aimed at achieving agricultural growth of over 4 percent per
annum by 2005 through a combination of structural, institutional, agronomic,
environmental, economic, and tax reforms.
The Agricultural Policy formulation was necessitated due to the relatively poor growth of
agriculture during the 1990s.
The Agricultural Policy Document noted, “Capital inadequacy, lack of infrastructural
support, and demand-side constraints such as controls on movement, storage, and
sale of agricultural products have continued to affect the economic activity of the
agricultural sector.
o Consequently, growth has also tended to slacken during the 1990s.”
The agricultural sector ensures food security and nutrition for India’s large population
and supplies a significant quantity of raw materials for expanding the industrial
base and creating surplus for exports.
Thus, a fast and equitable reward system for the farming community and attaining a
faster growth rate of the sector are crucial components of agricultural reforms.
Attaining a growth rate above 4.0 percent per annum in the agricultural sector.
Achieving growth based on efficient use of resources while making provisions for
the conservation of soil, water, and biodiversity.
Attaining growth with equity, ensuring that the impact is widespread across regions and
different classes of farmers.
Ensuring growth that is demand-driven, catering to the needs of domestic markets and
maximizing benefits from exports of agricultural products amidst challenges
from economic liberalization and globalization.
Attaining growth that is sustainable technologically, environmentally, and economically.
Agricultural production
Compasses – crop production, live stock production, aquaculture, forestry for food and non food
production.
Indian Agriculture
Agriculture inputs
Agricultural inputs are essential resources used to enhance crop production and farm efficiency.
They can be broadly categorized into two types: consumable inputs and capital inputs.
Consumable Inputs
These are materials that are directly used up by crops or livestock. Some common examples
include:
Capital Inputs
These are long-term investments that aid in farming operations. Examples include:
Agriculture finance
Agriculture finance involves providing specialized financial services and products tailored to
meet the diverse needs of the agricultural sector. This includes offering capital for agricultural
production, managing risks associated with farming activities, and supporting rural
development1.
1. Farm Loans: These are designed to help farmers and ranchers with various needs, such as
purchasing land, equipment, or livestock, and covering operational costs. For example, the
USDA offers various loan programs to support farmers2.
2. Risk Management: This includes insurance products to protect against crop failure, natural
disasters, and market fluctuations. The World Bank emphasizes the importance of agriculture
finance in empowering farmers and developing sustainable food value chains 3.
3. Microfinance: Small loans provided to farmers and agricultural enterprises to help them increase
productivity and manage their financial needs.
4. Investment in Technology: Financing for modern agricultural technologies and practices to
improve efficiency and sustainability.
Agricultural Labour
An agricultural laborer is one who is basically unskilled and unorganized and has little for its
livelihood other than personal labour.
Categories
Characteristics
Agriculture price
Agriculture price policy in India emerged in the context of food security and price fluctuations
provoked by drought of mid sixties and war with Pakistan.
Objectives-