The main risks that farmers face can be divided into two categories—production risks and price risks – and fluctuations in either one can lead to uncertainty in terms of revenues, and at times to considerable losses. The book demonstrates that agricultural productivity, especially in India’s semi-arid tropics, leaves much to be desired when compared with other nations. It offers a unique and valuable resource, not only for agriculture economics researchers and all those interested in agriculture, but also anyone seeking to understand current trends in acreage for various crops, fluctuating production levels for different crops, price fluctuations, and farmers’ views on allotting acreage and crop insurance.
Alka Parikh is a Professor of Development Economics at Dhirubhai Ambani Institute of Information and Communication Technology. She holds a PhD from Cornell University, USA, and has collaborated extensively with working groups of the Planning Commission for the 11th and 12th Five Year Plans. She is on the board of two NGOs, Utthan and Uplift India, and is also on the governing board of the Centre for Social Studies, Surat. Further, she serves on the advisory committee of the Small Grants Program, United Nations Development Program (UNDP). Throughout her career, Prof Parikh has worked with NGOs, the corporate sector and academic sector to contribute to the field of development studies.