Foreign direct investment in agriculture

Bhattacharya, R. (2017) Foreign direct investment in agriculture. Journal of Commerce, Economics & Management, 1 (1). pp. 16-22.

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Abstract

Growth in agriculture and its productivity are considered essential in achieving sustainable growth and significant reduction in poverty in developing countries. Both developmental and agricultural economists view productivity growth in the agricultural sector as critical if agricultural output is to increase at a sufficiently rapid rate to tackle poverty. In view of the declining cultivable land per capita, high production costs, combined with rapid population growth and the resulting need for human settlement, and rising urbanization, significant improvements are required in productivity growth in agriculture in order to increase agricultural output through technological innovations and efficiency. Limited development and adoption of new production technologies essential for improving productivity by the poor are mostly due to limited income and sources of credit. FDI plays a significant role in increasing productivity by offsetting the investment and technological gap. The FDI Inflows to Agriculture Services are allowed up to 100% and allowed through the automatic route covering horticulture, floriculture, development of seeds, animal husbandry, pisciculture, aqua culture, cultivation of vegetables, mushroom and services related to agro and allied sector.

Item Type:	Article
Uncontrolled Keywords:	Agriculture, FDI, Investments, Fertilizer, Cropland
Author Affiliation:	Department of Commerce, Dr. Ram Manohar Lohiya P. G. College, Bhairotalab, Varanasi
Subjects:	Social Sciences > Agricultural Economics
Divisions:	UNSPECIFIED
Depositing User:	Mr T L Gautham
Date Deposited:	21 Aug 2018 04:36
Last Modified:	21 Aug 2018 04:36
URI:	http://eprints.icrisat.ac.in/id/eprint/15566

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