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dc.contributor.authorBanerjee, Arindam
dc.identifier.citationBanerjee, Arindam (2009) Peasant classes, farm incomes and rural indebtedness : an analysis of household production data from two states. CDS working papers, no.410. Trivandrum: CDS.en_GB
dc.description.abstractThe crisis and stagnation in Indian agriculture have persisted for over a decade and are not showing any signs of reversal. Falling real product prices faced by primary commodity producers have been one of the central causes for escalating farm indebtedness. The gradual shrinkage of formal credit institutions in rural areas has simultaneously caused increasing dominance of private players in the credit market, rendering producers all the more vulnerable. A class analysis of household-level farm production data from two states reveals the pattern of income decline and rising indebtedness in rural areas. The deleterious implications that these processes have for future agrarian development call for effective price stabilization operations and, in the short run, a comprehensive debt-relief policy. Key words: Agricultural Policy, Farm Households, House Hold Farm Production, Price Policy JEL Classification: Q18, Q12, D13, E 64en_GB
dc.publisherCentre for Development Studiesen_GB
dc.relation.ispartofseriesCDS working papers;410
dc.titlePeasant classes, farm incomes and rural indebtedness : an analysis of household production data from two statesen_GB
dc.typeSeries paper (non-IDS)en_GB
dc.rights.holderCentre for Development Studiesen_GB

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