Public investment in agriculture boosts growth, slashes poverty in India.
The article explores how public spending and subsidies in India have affected agricultural growth, productivity, and rural poverty. Researchers analyzed data from 1981 to 2011 to understand the impact of different types of investments on farm income and poverty reduction. They found that public investments and subsidies have helped reverse the slowdown in agricultural growth since 2004-05. However, concerns remain about achieving the targeted 4 percent growth due to declining productivity levels and ongoing poverty. The study aims to quantify the effectiveness of these interventions in accelerating agricultural growth and alleviating poverty in rural areas.