ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Structural Adjustment Programme and Indian Agriculture-Towards an Assessment of Implications

In the wake of the Structural Adjustment Programme initiated in the early 1990s, it is inevitable that the agricultural and rural sector will experience its share of threats and opportunities. The severe effect of economic and policy changes in the agricultural sector will he felt in the areas of agricultural trade and capital investments in agro- activities. This paper looks at the emerging evidence on these two crucial aspects of agro-sector and argues that there will be serious distortions with the emergence of the new trade regime, both internal and external, and the dominance of agribusiness corporations by way of corporate and contract farming. The penetration of the market into the rural economy will put pressure on the already marginalised sections and make small and marginal producers an assetless workforce. The only available mechanisms to reduce this impact will be producers' organisations of various types like co-operatives, informal groups and the political pressure groups.

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