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The Impact of Crop Diversification Towards High-Value Crops on Economic Welfare of Agricultural Households in Eastern India


Affiliations
1 ICAR-Indian Agricultural Statistics Research Institute, New Delhi 110 012, India
2 South Asia Office of the International Food Policy Research Institute, New Delhi 110 012, India
 

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.
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  • The Impact of Crop Diversification Towards High-Value Crops on Economic Welfare of Agricultural Households in Eastern India

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Authors

A. R. Anuja
ICAR-Indian Agricultural Statistics Research Institute, New Delhi 110 012, India
Anjani Kumar
South Asia Office of the International Food Policy Research Institute, New Delhi 110 012, India
Sunil Saroj
South Asia Office of the International Food Policy Research Institute, New Delhi 110 012, India
K. N. Singh
ICAR-Indian Agricultural Statistics Research Institute, New Delhi 110 012, India

Abstract


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.

References





DOI: https://doi.org/10.18520/cs%2Fv118%2Fi10%2F1575-1582