Reforming Agriculture in the New Context

Agriculture can work as the biggest safety net in the process of adjustment by softening the rigours of inflation as well as by Raising income and employment for the vulnerable sections of the population. Broadening the domestic agricultural base by stepping up public investment in irrigation, research and extension and in social development such as education and skills formation holds the key to the exploitation of possible gains from trade as well as to ensuring that such gains are widely shared by different regions and classes of farmers.