International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

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Role of Government Subsidies in Indian Agriculture

Author(s) Dr. Ashok Bhiku Kakde, Vijaykumar Balasaheb Suryawanshi, Vilas Shankar Nichit
Country India
Abstract Government subsidies in agriculture play a pivotal role in supporting farmers, enhancing productivity, and ensuring food security in India. This paper examines the impact of agricultural subsidies on the Indian economy, focusing on their contribution to farmer welfare, crop production, and rural development. The study utilizes data from the latest Economic Survey of India 2024-25 and other secondary sources to analyze trends, challenges, and outcomes of subsidy policies. The findings reveal that subsidies have significantly improved input accessibility and farm incomes but also highlight inefficiencies such as misallocation and environmental degradation. The paper concludes with policy recommendations to optimize subsidy utilization and promote sustainable agricultural practices. Agricultural subsidies are a critical component of India’s agricultural policy, aimed at supporting farmers, enhancing productivity, and ensuring food security. The Indian government provides subsidies for various inputs such as fertilizers, seeds, irrigation, electricity, and credit. These subsidies are designed to achieve specific objectives that contribute to the overall development of the agricultural sector and the welfare of farmers.
Published In Conference / Special Issue (Volume 7 | Issue 3) - Two Day International Conference on Commerce & Economics (ICCE-2025) (May 2025)
Published On 2025-05-10
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E-ISSN 2582-2160
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