| Indian agriculture has been characterized by a significant degree of uncertainty, encompassing a range of factors such as climate change, fluctuating productivity, unpredictable market prices, escalating costs of cultivation, and diminishing returns. These uncertainties are inherent in complex systems where numerous contributory factors are either unpredictable or unfathomable. The higher the complexity, the lower the resilience, and the greater the uncertainty. The Indian agricultural production system, particularly in rain-fed, open-air conditions that are susceptible to numerous risks and uncertainties, is highly vulnerable to weather and resource unpredictability, market volatility, limited access to technology, and an unstable input delivery mechanism.
Indian agriculture is currently facing a crossroads, as it grapples with the unpredictability and uncertainty of its environment. The growth rate of food production is only marginally higher than the population growth rate. The book under consideration has uniquely addressed a range of perceived uncertainties that contribute to stress and risk for both farmers and the economy as a whole. It is worth noting that the world's largest agrarian economy is largely managed by private landowners, who are often at the mercy of middlemen and the vagaries of weather. Furthermore, the book, which is based on an empirical study, has identified the key variables that influence farmers' responses to and compliance with the unpredictability and social dynamics of their environment. |
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