Mathematical Analysis of Economic Development and Agriculture in India
Author(s):
Dr. Prabha Rani, Dr. Anil Kumar, Charu Singh
Keywords:
Foodgrains, Growth Rate, Least Square Technique, Production, Yield
Abstract
Agriculture is an integral part of the world’s economy, mainly for developing countries. It is the primary source of employment, income, and food, and these basic needs fulfilled by agriculture all over the world. Agriculture in India is one of the most prominent sectors to its economy and about 70% of the population depends on Agriculture. The foodgrains production has increased from 50.82 million tones in 1950-51 to 296.65 million tones during 2019-20. In the present paper, an attempt has been made to study the production trend and growth rate for food grains by mathematical techniques. It is observed that area sown has constantly increased from 115.39 M hectare in 1959-60 to 127.43 M hectare during 1989-90 and then there is declined in area in 1999-2000 ( 123.11 M hectare). The production has also increased from 78.11 M tones in 1959-60 to 292.86 M tones in 2019-20. The productivity level has been 681 kg/ha during 1959-60 which has gone up to 2312 kg/ha during 2019-20. State-wise analysis has also been carried out for foodgrains producing States. The future projection for production and yield for have been worked using least square techniques. Authors have also suggested the strategies for enhancing the foodgrains production.
Article Details
Unique Paper ID: 154507
Publication Volume & Issue: Volume 8, Issue 11
Page(s): 470 - 473
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