International Journal of Statistics and Applied Mathematics
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2023, Vol. 8, Special Issue 6

Impact of minimum support price of gram on its production in agroclimatic zones of Madhya Pradesh


Author(s): Ajay Singh Tomar, Dr. Vijay Kumar and Pathade Kaveri Laxman

Abstract: This paper is an attempt to assess the impact of minimum support price of Gram production in different agro climatic zones of Madhya Pradesh using three decade time shines data (annual figure) from 1989-90 to 2019-20 on minimum support price and production of Gram. This has been done using Regression analysis where dependent variable is production of gram and independent variable is minimum support price announced by the government. It has been found that these is definite impact of minimum support price on the production of gram but it varies in different agroclimatic zones. There is no impact in only 2 zones (zone 2 & 4) comprising of distt. Khandwa + Burhanpur and Chambal districts - Bhind, Gwalior, Morena & Sheopur and Sivpuri. Highest impact is in zone 5 comprising of districts - Bhopal, Vidisha, Rajgarh, Sagar, Damoh, Guna + Ashoknagar, Raisen and Sehore. In view of this finding it is suggested for the govt. to draft & execute plan differently for different zones while deciding minimum support price and other support services to the farmers for raising production of Gram.

Pages: 290-292 | Views: 119 | Downloads: 7

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How to cite this article:
Ajay Singh Tomar, Dr. Vijay Kumar, Pathade Kaveri Laxman. Impact of minimum support price of gram on its production in agroclimatic zones of Madhya Pradesh. Int J Stat Appl Math 2023;8(6S):290-292.

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