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Green Revolution (GR):


Concept and Definition of Green Revolution (GR):


When better and superior seeds are used; the fertilizers, pesticides, herbicides and sprays are used; and the farm machinery like tractors, harvesters, tube wells and threshers etc., are used to enhance the agriculture output and agri. productivity - such all is given the name of Green Revolution (GR).


Thus because of GR, the high yielding seeds, fertilizers, agri. machinery water and better technology will become available. Consequently, the production function for any crop or crops will shift upward in agriculture sector leading to increase the agri. output. It is shown with the Fig.




Green Revolution


If we represent the production function as Q = f (I) where I represents inputs like labor and water, seeds and fertilizers. We suppose that Q = f (I) is a traditional production function. If it shifts to Q = f (I/), it will represent the modern production function. If due to greater use of inputs the yield rises equivalent to the area ab or more than this, then we have green revolution.


The GR has been observed in India, Pakistan, Thailand and South American countries during the late 60s and 70s when there was rapid increase in per acre yield of the food grains. Such increase in agriculture production is due to GR.


Effects of Green Revolution (GR):


The GR will have the following effects.:

(i) It will contribute to overall economic growth of the country.


(ii) It will speed up the process of structural change in the society.


(iii) The nutritional standard will improve.


(iv) Efficiency and productivity of labor will increase.


(v) It will bring social changes in rural life by reducing death and birth rates.


The technical changes in agriculture sector can be classified into two broad categories.


(a) Biological Innovations are concerned with those factors that raise the land productivity e.g. the use of better seeds and the use of better fertilizers at the right time etc.


(b) Mechanical Innovations means the use of more machinery like tractors harvesters, bulldozers and tube wells etc. on lands.


If GR comprises of biological innovations, more jobs can be created. If GR implies tractorisation, then capital labor ratio rises and the employment falls.


Relevant Articles:


Role of Agriculture Sector in Economic Development of a Developing Country
Structure of Third World Agrarian System
Economics of Agricultural Development/Stages of Agricultural Development
Strategy for Agricultural and Rural Development
Economics of Small Scale Agriculture
Economics of Agriculture Specialization
Role of Agriculture in Economic Growth
Agriculture Surplus as a Source of Capital Formation and Economic Development
Surplus Labor as a Source of Capital Formation and Economic Development
Agriculture Sector and Capital Formation in Developing Countries
Land Reforms or Agrarian Reforms
Land Reforms Measures
Effects of Agrarian Reforms
Agrarian Reforms and Economic Development
Green Revolution (GR)
Nature of Green Revolution (GR)
Causes or Importance of Green Revolution (GR)
Effects of Green Revolution (GR) on Income
Problems/Demerits of Green Revolution (GR)
Relationship Between Farm Size and Farm Output with Respect to Productivity
Productivity of Lands
Relationship Between Green Revolution and Size Productivity

Principles and Theories of Micro Economics
Definition and Explanation of Economics
Theory of Consumer Behavior
Indifference Curve Analysis of Consumer's Equilibrium
Theory of Demand
Theory of Supply
Elasticity of Demand
Elasticity of Supply
Equilibrium of Demand and Supply
Economic Resources
Scale of Production
Laws of Returns
Production Function
Cost Analysis
Various Revenue Concepts
Price and output Determination Under Perfect Competition
Price and Output Determination Under Monopoly
Price and Output Determination Under Monopolistic/Imperfect Competition
Theory of Factor Pricing OR Theory of Distribution
Principles and Theories of Macro Economics
National Income and Its Measurement
Principles of Public Finance
Public Revenue and Taxation
National Debt and Income Determination
Fiscal Policy
Determinants of the Level of National Income and Employment
Determination of National Income
Theories of Employment
Theory of International Trade
Balance of Payments
Commercial Policy
Development and Planning Economics
Introduction to Development Economics
Features of Developing Countries
Economic Development and Economic Growth
Theories of Under Development
Theories of Economic Growth
Agriculture and Economic Development
Monetary Economics and Public Finance

History of Money

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