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Saroj, Sunil
- The Impact of Crop Diversification Towards High-Value Crops on Economic Welfare of Agricultural Households in Eastern India
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Authors
Affiliations
1 ICAR-Indian Agricultural Statistics Research Institute, New Delhi 110 012, IN
2 South Asia Office of the International Food Policy Research Institute, New Delhi 110 012, IN
1 ICAR-Indian Agricultural Statistics Research Institute, New Delhi 110 012, IN
2 South Asia Office of the International Food Policy Research Institute, New Delhi 110 012, IN
Source
Current Science, Vol 118, No 10 (2020), Pagination: 1575-1582Abstract
Eastern India is among the most backward regions of the country with underutilizedagricultural potential. Diversification towards high-value crops can be a promising strategy to enhance farmers’ economic welfare in the region. The present study analyses the major determinants and impact of crop diversification towards high-value crops on farmers’ economic welfare in the region using large farm household-level data and advanced matching estimation methods. The findings reveal that cultivation of high-value crops plays a significant role in enhancing farm income, consumption expenditure and reducing poverty. Growers need to allocate at least 40% area for high-value crops to have significant income enhancement and poverty reduction.Keywords
Agricultural Households, Diversification, Economic Welfare, High-Value Crops.Full Text
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