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Expenditure on the Rural Economy in India's Budgets since the 1950s: An Assessment

Author

Listed:
  • Praveen Jha

    (Centre for Economic Studies and Planning (CESP), Jawaharlal Nehru University, New Delhi, praveenjha2005@gmail.com.)

  • Nilachala Acharya

    (CESP and Centre for Budget and Governance Accountability (CBGA), New Delhi.)

Abstract

The decline in the rate of growth of Indian agriculture in recent years is in large measure due to the low public expenditure priorities accorded to it in the budgets of the Union and State governments. Since the early 1990s in particular, inadequacy of capital formation has been a major factor contributing to the slackened pace of technological change and infrastructural development in Indian agriculture, with adverse consequences for agricultural productivity and output. Our attempt in this article is to look at the trends and patterns of public expenditure, and the priority accorded to India’s rural economy, in different budgets over the years. The core issues we examine here are: trends in the level of public expenditure on the rural economy since the 1950s; the composition and priority of such expenditure under major heads; and a comparative analysis of public expenditure across States since the early 1990s.

Suggested Citation

  • Praveen Jha & Nilachala Acharya, 2011. "Expenditure on the Rural Economy in India's Budgets since the 1950s: An Assessment," Journal, Review of Agrarian Studies, vol. 1(2), pages 134-156, July-Dece.
    • Handle: RePEc:fas:journl:v:1:y:2011:i:2:p:134-156
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    Cited by:

    1. JOHNSON, Deepak & KUROSAKI, Takashi, 2023. "Price Support and Farm Incomes : Comparative Study of Rice Growing Regions in Southern India and Mekong-Delta Vietnam," Discussion Paper Series 741, Institute of Economic Research, Hitotsubashi University.
    2. Vikas Bajpai, 2015. "India’s Second Green Revolution: Portends for Future and Possible Alternatives," Agrarian South: Journal of Political Economy, Centre for Agrarian Research and Education for South, vol. 4(3), pages 289-326, December.
    3. Manish Kumar, 2019. "India’s Rice Export: What Is in It for Farmers?," Agrarian South: Journal of Political Economy, Centre for Agrarian Research and Education for South, vol. 8(1-2), pages 136-171, April.
    4. Aalok Ranjan Chaurasia, 2018. "The State of Development in Villages of India: An Analysis of the 2011 Census Data," Indian Journal of Human Development, , vol. 12(3), pages 305-325, December.
    5. Modak, Tapas Singh, 2018. "From Public to Private Irrigation: Implications for Equity in Access to Water," Review of Agrarian Studies, Foundation for Agrarian Studies, vol. 8(1), July.
    6. Emelie Rohne Till, 2021. "A green revolution in sub‐Saharan Africa? The transformation of Ethiopia's agricultural sector," Journal of International Development, John Wiley & Sons, Ltd., vol. 33(2), pages 277-315, March.

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