TO ESTABLISH AN APPROPRIATE

& CONDUCIVE ENVIRONMENT

TO ACHIEVE A HIGHER GROWTH RATE OF

AGRICULTURE

28thJuly 2000

OBJECTIVES : Growth rate more than 4% per annum.

To introduce required structural changes

To bring in necessary reforms

To make efficient use of resources

To sustain higher growth with necessary supporting services

To make agri. More market oriented

To achieve equity

FEATURES OF NAP 2000Encouragement to private participation: contract farming, capital inflows, tech. transfer

Competitiveness: through liberalization, dismantling of Quantitative Restrictions

Tax Reforms: tax concessions rather than subsidies

Encourage Futures for hedging the risk

Protection from multinationals’ patent rights

Infrastructure facilities

Plans to evolve, ’National Livestock Breeding Strategy’.

Improvement in Credit facilities

Wider coverage of Insurance

Transform agriculture into modern, dynamic, productive sector (2002 policy)

EVALUATION

Growth Rate: 2001-06 – 3%, 2005-09 – 3.8%

Small & Marginal farmers are neglected

Private investment (82.4% in 2008-09) may lead to exploitation

Non institutional credit is still persistent

Poor rural infrastructure

National Commission on Farmers: Dr. M.S. Swaminathan, chairman : aims at improving agricultural assets of the farmers & the supporting services to enable them to earn more. Reports in 2005-06