Constraints Facing Indian Agriculture: Need for Policy Intervention

Even after 50 years of Independence, agriculture continues to be the mainstay of the Indian economy. It accounts for about one-fourth (25 per cent) of the gross domestic product (GDP) and is the source of livelihood for nearly two-thirds (60 per cent) of the population. The green revolution has been the cornerstone of India’s agricultural achievement, transforming the country from one of food deficiency to self-sufficiency through enhanced technology adoption, increased public and private investments and certain institutional innovations that have augmented production and productivity gains.