ABSTRACT

The state of Punjab has led India’s agricultural performance over the last three decades, the impressive growth rate achieved by its agricultural production having been widely acclaimed and considered a role model for other regions of India. The crisis is deepening further as the demand for rice and wheat— the dominant commodities in Punjab agriculture—are declining in the deficit states; these commodities are not competitive for export at present. Over time, product innovations resulted in the development of smaller-sized machines and capital assets which along with the emergence of a hire-in and hire-out market for farm machinery and implements, eased the constraint in the adoption of new technology by lower-sized holdings. Agriculture is continuing to dominate the state economy. Punjab is referred to as the food bowl of India, contributing 4 tonnes of food grains from each hectare. The Green Revolution brought about many changes in the cropping pattern.