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Use of Water Resource and Sustainability of Growth in Agriculture

In: Resources, Technology and Sustainability

Author

Listed:
  • Joydeb Sasmal

    (Vidyasagar University)

Abstract

This chapter has analysed the importance of water conservation for sustainability of agricultural growth. The elasticity of agricultural production with respect to irrigation is very high and India has achieved significant growth in foodgrains production largely banking on ground water extraction. Using theoretical models and empirical results of time series analysis, this chapter has shown that excess depletion of ground water may make agricultural growth unsustainable in the long run. The effectiveness of price control through taxes and subsidies and crop diversification in favour of less water intensive crops as policy instruments for water conservation have been examined using theoretical models of comparative dynamic analysis and results of the test of cointegration in time series analysis. Mixed results have been obtained in these respects and regional factors like soil characteristics, geographical and agro-climatic conditions and cropping pattern have been found to be important in some cases. A theoretical model has been constructed to demonstrate that optimal public investment by the social planner for harvesting rain water can ensure sustainable balanced growth in agriculture.

Suggested Citation

  • Joydeb Sasmal, 2016. "Use of Water Resource and Sustainability of Growth in Agriculture," India Studies in Business and Economics, in: Resources, Technology and Sustainability, chapter 0, pages 79-139, Springer.
    • Handle: RePEc:spr:isbchp:978-981-10-0895-5_3
    DOI: 10.1007/978-981-10-0895-5_3
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