India’s Agricultural Development under the New Economic Regime: Policy Perspective and Strategy for the 12th Five Year Plan

The Eleventh Plan, which had attempted to reverse deceleration of agricultural growth during the Ninth and Tenth Plan, had some success in as foodgrains production has touched a new peak of 241.56 million tonnes in 2010-11 and growth in agriculture in the Eleventh Plan is likely to be about 3.3 percent per year. However, to achieve between 4 and 4.5 percent average growth in agricultural sector in the Twelfth Plan period adequate efforts on the part of the government are required. In view of importance of these issues, critical examination of recent trends in agriculture and the factors underlying the slow growth in agriculture is important to reorient programmes and policies in the 12th Plan. This paper is an attempt to address some of these issues. [W.P. No. 2011-11-01]. URL:[http://www.iimahd.ernet.in/assets/snippets/workingpaperpdf/16179126012011-11-01.pdf].