Role of Public-Private Partnerships in Promoting Agricultural Development in India
Dr V Muthyam Reddy
Associate Professor of Economics Government Degree College, Korutla
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http://doi.org/10.37648/ijps.v21i02.049
Abstract
Even though issues such as mistrust and uneven focus on high-profit crops require policy attention for truly inclusive development, Public-Private Partnerships (PPPs) are essential for the growth of the Indian agricultural sector. These partnerships combine the policy reach of the government with the innovation, investment, and efficiency of the private sector in order to address challenges such as the adoption of technology and the gaps in infrastructure. They also help to boost farmer incomes by improving market access, supply chain modernization, research and development, and risk-sharing. With the agricultural sector in India facing both new problems and unrealized potential, public-private partnerships (PPPs) are looking like a good way to help farmers and the economy as a whole. This article examines PPPs in detail, looking at how they might improve infrastructure, increase farmer incomes, and boost productivity and sustainable farming techniques. For many decades, development interventions in low-income countries have focused on strengthening ties between smallholder farms and companies in order to increase agricultural development and food security. Most of the time, this has been accomplished through separate contracts or schemes involving more than one. Research on the impact of these programmes on smallholder farmers has shown mixed results. A new way to get more done in less time is through agricultural public-private partnerships, or Ag-PPPs. However, there is a lack of data from observational studies that examine the effects of Ag-PPP mediations on a single rancher. We address this knowledge vacuum by investigating the effects of an Ag-PPP on India's small-scale common bean producers. These effects are estimated in a multi-treatment situation using a doubly robust difference-in-difference technique. The results showed that the PPP helped farmers out and promoted higher output thanks to targeted initiatives. Productivity, sales volumes, and output marketed were all likely to have increased thanks to the PPP and its interventions. When compared to a single mediation, the effects of receiving packaged interventions were more significant, and these effects varied among bean crop owners. Research suggests that bundled treatments offered by PPPs can reduce market access limitations and increase productivity. To shed light on food and improvement strategies in other places, the results of this Ag-PPP could be adjusted for diverse circumstances, such as yields and geographies.
Keywords:
PPPs; Agricultural; modernization; circumstances
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