Economic Studies - Mphil Thesis

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Growth and Equity in Fertilizer Subsidy in India
(Central University of Punjab, 2017) Singh,Karamjeet; Singla, Naresh
The present study examines the growth and performance and distribution of fertilizer subsidy among major states, crops and different farm size holdings in India. The CAGR used to measure the annual growth rate for multiple time periods of various variables in the study. The fertilizer subsidy has increased significantly in order to make sure the availability of fertilizers at an affordable price to farmers to encourage the consumption of fertilizers and to ensure the adequate returns on investment for entrepreneurs. The study shows that fertilizer subsidy has increased in actual terms but fertilizer subsidy as a percentage share of GDP showed both increasing and decreasing trends till 2008-09 but after that the fertilizer subsidy as a percentage share of GDP has been decreasing continuously. The study also calculated the distribution of fertilizers subsidy to examine the equity which showed the disparities in the distribution of fertilizers fertilizer among major states, crops and different farm size holdings. The coefficient of variation also showed the inconsistency in the distribution of fertilizer across major states. The study concluded that there is inequality in the distribution of fertilizer subsidy because the major share of subsidy cornered by only few states, few crops and few categories of farmers.