Classification Based on Economic Importance

Classification Based on Economic Importance The classification of economic activities is a complex and ever-changing process. The way in which economic activities are classified can have a significant impact on the way in which economic data is collected, analyzed, and reported. There are a number of different ways in which economic activities can be classified. … Read more

NITI Ayog and its approach to economic development

Niti Ayog – National Institution for Transforming India   The National Institution for Transforming India, also called NITI Aayog, was formed via a resolution of the Union Cabinet on January 1, 2015. NITI Aayog is the premier policy ‘Think Tank’ of the Government of India, providing both directional and policy inputs. While designing strategic and … Read more

Mission Organic Value Chain Development for North East Region (MOVCD-NER): Nurturing the Organic Paradise

Mission Organic Value Chain Development for North East Region (MOVCD-NER): Nurturing the Organic Paradise Introduction The North East Region (NER) of India, a land of breathtaking landscapes and rich biodiversity, holds immense potential for organic agriculture. With its fertile soils, abundant rainfall, and diverse agro-ecological zones, the region is naturally suited for producing high-quality organic … Read more

Production of Hybrid seeds and their processing techniques

Seed is the true carrier of technology. In India, three sets of institutions produce seeds:research institutions and agricultural universities; public sector seed producing corporations; andprivate sector firms including multinationals. The last decade has seen two main developmentsin seed market. One, production of quality seed has risen at a rapid rate after 2005-06. And two,public sector … Read more

Trade during Gupta Period

The Flourishing Tapestry of Trade in the Gupta Period: A Journey Through Commerce and Cultural Exchange The Gupta period (c. 320-550 CE) stands as a golden age in Indian history, marked by political stability, cultural flourishing, and remarkable economic prosperity. This era witnessed a significant expansion of trade, both within India and with the outside … Read more

Minimum Support Price (MSP)

The Minimum Support Price (MSP): A Lifeline or a Crutch for Indian Farmers? The Minimum Support Price (MSP) is a cornerstone of India’s agricultural policy, designed to provide a safety net for farmers and ensure food security for the nation. However, its effectiveness and long-term implications have been subject to intense debate, with proponents arguing … Read more

Distribution of Mulberry and Non-mulberry Sericulture

Distribution of Mulberry and Non-mulberry Sericulture (area, production and productivity across states), Cocoon Production Sericulture which has its origin in China is an age old Industry in India. Silk route is one of the ancient internationally recognized route for global business for not only silk but also other important commodities. History reveals that silk is … Read more

Sustainable Sugarcane Initiative (SSI)

The Sustainable Sugarcane Initiative: A Sweet Path Towards a Greener Future The global demand for sugar is on the rise, driven by a growing population and increasing consumption of processed foods and beverages. However, traditional sugarcane cultivation practices often come at a significant environmental cost, contributing to deforestation, soil degradation, and greenhouse gas emissions. Recognizing … Read more

Pricing of agricultural inputs and outputs.

Agricultural prices cover prices of agricultural products (output prices) and prices of requisites for agricultural production (input prices) at various stages of Marketing. The structure of Indian Agricultural Marketing system consists of: Agricultural Co-operative Marketing Societies; Regulated Markets; Public Trading and Futures Trading. Commission for Agricultural Costs and Prices (CACP)  while recommending the minimum support prices … Read more