This book examines the functioning of the dual grain market with reference to rice and wheat and traces the answer of better policy option for raising food output between investment in irrigation and fertiliser subsidy. This is done by carrying out the following three simulations: What is the impact of a 10 per cent hike in fertiliser prices? What is the impact of 1 per cent increase in irrigated acreage? What is the combined impact of the two above?
Dr. Pradeep K Sharma is a member of the Indian Economic Service. After M.Com (Economic Administration) from the University of Rajasthan, he passed MA in Development Economics from the University of East Angila (UK). He was awarded Ph.D. in Economics by the Jawaharlal Nehru University, New Delhi. He has also contributed articles in journals of repute.
Preface, List of tables, Introduction, Agricultural Prices and Price Policy, Production and absorption of rice and wheat, Government operations in rice and wheat markets, A simulation model of rice and wheat, Economic reforms and India's food economy, Policy implications, References