Economic viability of agriculture is its
ability to cover the cost of production and to provide an additional
rate of return over the capital invested. It depends on several economic factors
like prices and quality of input and output, sales revenue, cost of cultivation, productivity, investment, farm size, and competitiveness. The government of India
announces minimum support price (MSP) for some crops by ensuring a return of
fifty per cent over the cost of cultivation. However, the cost of cultivation used
to determine MSP is yet to consider the rental value of the land. Even, a large
number of farmers are deprived of MSP announced by the government. The
agitation of Indian farmers for an assurance of remunerative prices for their
crops has become the world's largest agitation. According to media reports,
over eight hundred farmers have lost their lives in this historical agitation. The extent
and severity of farmers agitation give a reflection on their poor economic
conditions. Recently, the Government of India (GOI) has taken several new
policy initiatives to improve the economic viability of agriculture, and to increase farmers welfare. The objective of this
course is to enhance the knowledge of the participants on the current state of
the economic sense of Indian agriculture. After completion of this course, the
learners would be aware
of the way to improve the profitability of the farming business. It would also
help them in starting new farming business in demanding areas.
This course starts by describing the economic forces affecting the profitability of Indian agriculture. It looks at the growth and transformation that occurred in the agriculture business during the last decades. In doing so, this course provides implications of new farm laws for farmers and consumers in a labour surplus economy. Across the modules, we discuss agricultural diversification opportunities. It also explores the trends in terms of trade between agriculture and industry. Special attention is paid to an analysis of agricultural trade performance, competitiveness and outlook.
It employs innovative graphics and multi-media techniques. The information used in this course is adapted mainly from research papers published in top-tier journals, working papers of NITI Aayog, Economic Survey of Government of India (GOI), Handbook of Statistics on Indian Economy, an annual publication of Reserve Bank of India. The latest data are taken mainly from the Agricultural Statistics at a Glance, and Annual Reports of Ministry of Agriculture & Farmers Welfare, Annual Reports of Ministry of Food Processing Industries, GOI, Reports of National Sample Survey (NSS), and that of Agricultural and Processed Food Products Export Development Authority (APEDA). The information is also retrieved from Reports on Price Policy from Commission for Agricultural Costs and Prices, Lok Sabha and Rajya Sabha official debates, and several publications of Food and Agriculture Organization (FAO), Rome.
Ohlan, Ramphul (2010) WTO and Indian Agriculture, Global Research Publications, New Delhi. https://www.researchgate.net/publication/254558407_WTO_and_Indian_Agriculture
Ohlan, Ramphul (2014) Globalization and Dairy Industry, Studium Press India Pvt Ltd, New Delhi. https://www.researchgate.net/publication/260135852_Globalization_and_Dairy_Indus try.
Ohlan, Ramphul (2006) India's Comparative Advantage in Farm Trade in the Emerging Trade Order. Foreign Trade Review, 41(2), 35-61.https://journals.sagepub.com/doi/abs/10.1177/0015732515060202?journalCode=ftra
Ohlan, Ramphul (2006) WTO and India’s Agricultural Trade, Indian Journal of Commerce, 59 (4), 62-72. https://www.researchgate.net/publication/254558377_WTO_and_India's_Agricultural_Trade
Ohlan, Ramphul (2007) WTO and Developed
Countries Farm Policies, Indian Journal
of Commerce, 60 (2), 60-77. https://www.researchgate.net/publication/254558562_WTO_and_Developed_Countres_Farm_Policies
Ohlan, Ramphul (2008) Liberalization of Wheat: Production, Prices and Trade. Foreign Trade Review, 43(2), 55-85. https://journals.sagepub.com/doi/10.1177/0015732515080203
Ohlan, Ramphul (2010) WTO and Sri Lanka’s Farm
Trade, Journal of Indian School of Political Economy, 22 (1), 49-92.
Ohlan, Ramphul (2012) Productivity and Efficiency Analysis of Haryana’s Dairy Industry, Productivity, 52 (1), 42-50. https://www.researchgate.net/publication/254312840_Productivity_and_Efficiency_Analysis_of_Haryana's_Dairy_Industry
Ohlan, Ramphul (2012) Performance and Suitability of Growing Crops in Haryana: District- level Analysis, Agricultural Situation in India, 59 (1), 27-32. https://eands.dacnet.nic.in/Publication12-12-2012/2314agr-apri12/2314-1.pdf
Ohlan, Ramphul (2013) WTO Agreement on Agriculture and South Asia's Farm Trade, South Asian Survey 18 (1), 27-62. https://www.researchgate.net/publication/254258973_WTO_Agreement_on_Agriculture_and_South_Asia's_Farm_Trade
Ohlan, Ramphul (2013) Agricultural exports and the growth of agriculture in India. Agricultural
Economics, 59 (5): 211–218. https://www.agriculturejournals.cz/publicFiles/118_2012-AGRICECON.pdf
Ohlan, R. (2013). Pattern of regional disparities in socio-economic development in India: District level analysis. Social Indicators Research, 114 (3), 841-873. https://link.springer.com/article/10.1007/s11205-012-0176-8
Ohlan, Ramphul (2014) Economic Viability of Organic Farming in Haryana. Indian Council of Social Science Research (ICSSR), Project Report No. 2-152/2010-RP, ICSSR, New Delhi. https://www.researchgate.net/publication/274062933_Economic_Viability_of_Organic_Farming_in_Haryana#:~:text=The%20study%20assessed%20the%20economic%20viability%20of%20organic%20farming%20in%20Haryana.&text=The%20analysis%20indicates%20that%20organic,state%2C%20is%20economically%20not%20viable.
Ohlan, Ramphul (2014) Competitiveness
and Trade Performance of India's Dairy Industry, Asian Journal of
Agriculture and Development, 11 (2), 17-37. https://pdfs.semanticscholar.org/b083/1b1713d56d9cf88b23f26164f6555420538e.pdf?_ga=2.202406740.417882253.1616284209-1229102515.1610297927
Ohlan, Ramphul (2014). Growth and Instability in Dairy Production and Trade: A Global Analysis. International Journal of Trade and Global Markets, 7(2), 145-172. https://www.researchgate.net/publication/254258889_Growth_and_Instability_in_Dairy_Production_and_Trade_A_Global_Analysis#:~:text=The%20study%20investigates%20the%20pattern,regression%20model%2C%20decomposition%20analysis%20and
Ohlan, Ramphul (2016). Dairy Economy of India: Structural Changes in Consumption and roduction. South Asia Research, 36(2), 241-260. https://www.researchgate.net/publication/305249856_Dairy_Economy_of_India_Structural_Changes_in_Consumption_and_Production
Ohlan, Ramphul (2019) Economic Viability of Indian Agriculture: Global and National Concerns, Maharshi Dayanand University, Digital Learning Centre, Learning Management System Portal. http://dms.mdu.ac.in/stumodule3.aspx?id=20059
Ohlan, Ramphul (2021) Managing Quality of Cereal Grains, Economic and Political Weekly, 56(16), 4-5. https://www.epw.in/journal/2021/16/letters/managing-quality-cereal-grains.html
Ohlan, Ramphul (2021) Economic Viability of Destroying Crops, Economic and Political Weekly, 56(10), 5. https://www.epw.in/journal/2021/10/letters/economic-viability-destroying-crops.html
Ohlan, Ramphul (2021) Tajamul Haque (1947-2021), Economic
and Political Weekly, 56 (20), 5. https://www.epw.in/journal/2021/20/letters/tajamul-haque-1947%E2%80%932021.html
Ohlan, Ramphul (2021) Farm Reforms, Protests and By-election in Haryana, Economic and Political Weekly, 56 (21), 21-23.https://www.epw.in/journal/2021/21/commentary/farm-reforms-protests-and-election-haryana.html
A course completion e-certificate will be generated after scoring minimum 40% marks in online assessment conducted through multiple choice questions given in each module.