Loading...
Thesis
Browse
1 results
Search Results
ThesisItem Restricted Analysis of public sector investment in agricultural research in Punjab(Punjab Agricultural University, Ludhiana, 2011) Amanpreet Kaur; Sharma, J. L.The present study was conducted to assess the impact of public sector investment in agricultural research in Punjab. In order to achieve the stipulated objectives of the study, the secondary data were compiled from Center for Monitoring Indian Economy Reports, Statistical Abstract of Punjab, and from various departments of Punjab Agricultural University for the period 1985-86 to 2009-10. The tabular and functional analytical procedures were used for analysis work. The results revealed that expenditure under Capital and Revenue Account show a declining trend from late 1980s to early 1990s, thereafter, the situation improved. The growth analysis indicates that Revenue Expenditure has grown faster than the Capital Account Expenditure. The results show that investment in energy was the dominant under Revenue Account, where as investment in irrigation and flood control was higher under Capital Account. Further, the study pointed out that expenditure on Agriculture and Allied Activities remained confined to crop and animal husbandry under Revenue Account and food storage and warehousing under Capital Account. It was observed that investment in Agriculture Research and Education by state government has increased over time, but the growth analysis pointed out that growth rate has declined in recent years (2001-02 to 2009-10). Further, it was observed that funding as per cent of agriculture GDP was 0.62 in 2007-08 which is much below the required norms (two per cent of Agricultural GDP). An analysis of research expenditure by Punjab Agricultural University brings out that annual average research expenditure has increased over time, whereas the growth analysis indicates it has declined in Period III (2003-04 to 2009-10). The research expenditure on different crops by Punjab Agricultural University indicated that it was mainly confined to wheat and rice crops only. Overview of growth analysis of research expenditure and productivity showed that for all the crops except oilseeds, research expenditure and productivity exhibited positive relationship. An impact of public sector investment on productivity of crops/enterprises revealed that the productivity is sensitive to research expenditure but with lapse of time. It can be inferred from the study that increase in public investment in agriculture sector is the pivot to enhancing productivity and brining about shift in cropping pattern. In order to sustain the production and reap the benefits of increased output the investment should be augmented in the farm sector.
