More
outlay towards agricultural R&D. This is evident from all other sectors
of India that there is a need for more spending in research and
development in order to bring in Innovation and thereby productivity.
The left sided diagramme shows the trend of percentage of total outlay
to agricultural R&D which has reduced from 6.0 in 2005 to 4.8 in 2017,
thus there is a need more allocation of funds towards this definitely.
The right side diagramme shows percentage growth of agricultural R&D
which almost equal to 0. So more planned action in this regard is highly
suggested.
Conclusion:
Based on the findings of both short and long run causality tests it is
evident that short-run individual influences of food grain productivity
are primarily dependent on factors proving to be influencing enough to
have an impact in the short period e.g. irrigation and electricity. Yet
the joint test estimations stand at the fact that factors having no
individual influence bear a high chance of influencing if another lag is
added. But in the long run all the factors influence production of
food-grains vehemently.
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