Wednesday, July 25, 2012

Indian agriculture..Present perspective

The purchasing power of the rural population throwing enormous demand for goods and services and boosting the national economy tremendously.But Darling's statement (1925), that "the Indian peasant is born in debt, lives in debt and beque...aths debt," still remains true for the great majority of working households in the countryside. Rural households need credit for a variety of reasons. They need it to meet short-term requirements for working capital and for long-term investment in agriculture and other income-bearing activities. Agricultural and non-agricultural activity in rural areas are typically seasonal, and households need credit to smooth out seasonal fluctuations in earnings and expenditure.That is the reason of quitting agriculture among young genration though is observed around the country.Agriculture, with its large dependent population in villages has to thrive and flourish, in order to secure rural prosperity by enhance in productivity,Strengthening forward and backward linkages ,Encouraging emergence of a market mechanism ,watershed development.

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