Public private partnerships in agriculture: Prospects and challenges for Haryana
Dr. Lalit Kumar, Rohit Kumar
Agriculture in Haryana is not sustainable due to underinvestment in the development of agricultural markets, deteriorating productivity of rural land, and mismanagement of agricultural output. The funds from public sector especially for the research in agricultural development, are very low and there are no initiatives provided to the private players to come ahead in rural areas for agricultural business. However, the ways can be find out for combining public and private sector particularly in agricultural sector. The research paper reviews the prospects and challenges for Haryana Economy to adopt Public Private Partnership (PPPs) in agriculture. The findings state that the Government can provide a favorable environment in the form of institutions, infrastructure, land approvals, and other facilities to the private players to have research on agricultural development and investments in agricultural business. The private sector is also capable to bring considerable investment, can also deploy more manpower for the promotion of agricultural business. The paper through light upon various benefits may occur by using PPPs and the challenges may be faced by the Government in using PPP route. The study recommends the initiatives may be taken by Haryana Government for the promotion of agricultural business particularly to remove regional disparities in the state.
Dr. Lalit Kumar, Rohit Kumar. Public private partnerships in agriculture: Prospects and challenges for Haryana. International Journal of Commerce and Management Research, Volume 3, Issue 5, 2017, Pages 88-92