A Study on the Trend of Foreign Direct Investment in Indian Agriculture

Description

Page: 364-367

Mamta Rani, Manoj Siwach, and Vandana Sheoran (Department of Economics, Ch. Devi Lal University, Sirsa, Haryana)

Foreign Direct Investment (FDI) has gained significant attention as a potential catalyst for economic growth in developing countries, including India. This research paper aims to explore the trend of Foreign Direct Investment (FDI) in the Indian agricultural sector. The paper is based on secondary data. By analyzing existing literature and empirical studies, the paper provides insights into the effects of FDI on agricultural productivity, technology transfer, infrastructure development, and farmer welfare in India. The finding shows a moderate trend of FDI inflow in Indian agriculture. The compound annual growth rate has been 17.8% calculated from 2002 to 2022. Overall, while FDI in Indian agriculture has shown growth and potential, it has not reached significant levels compared to other sectors of the economy. The sector still faces challenges related to infrastructure, regulatory complexities, and land acquisition. Future trends and growth in FDI will depend on the government’s continued efforts to improve the investment climate and address these challenges. The findings of this study contribute to the ongoing debate on FDI in Indian agriculture and provide recommendations for policymakers and stakeholders.