The authors in this book comprehensively deal with investment in Indian agriculture covering a number of aspects like the concept of capital and growth, capital formation and agricultural growth and the scenario of poverty. They document the cross-county experiences on relationship between capital and economic growth and poverty. They analyse trends in investment and investment behaviour of private and public sectors, growth cycle of capital stock in or for agriculture, capital intensity and productivity, and importance of farm level capital stock vis-à-vis other determinants of gross value of output and productivity of labour engaged in agriculture. They discuss the development environment and policy options that would promote public and corporate sector partnership in stimulating investment in rural infrastructure and non-farm rural economy.
ABOUT THE AUTHOR S. Mahendra Dev
S. Mahendra Dev is presently the director of Centre for Economic and Social Studies, Hyderabad. He did his Ph.D. from the Delhi School of Economics and his Post-doctoral research at the Economic Growth Centre, Yale University and was faculty member at the Indira Gandhi Institute of Development Research, Mumbai for 11 years. He was Senior Fellow at Rajiv Gandhi Foundation during 1996-97 and Visiting Professor at University of Bonn, Germany in 1999. He has written extensively on agricultural development, poverty and public policy, food security, employment guarantee schemes, social security, farm and non-farm employment. He has more than 70 research publications in national and international journals. He has been a consultant and advisor to many international organisations like the UNDP, UNICEF, World Bank, International Food Policy Research Institute and ESCAP. He has been a member of several government Committees including Prime Minister's Task force on Employment.
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