Supply Responses to Acreage of Major Oilseed Crops in Rajasthan, India
Dinesh Kumar *
ICAR-Central Arid Zone Research Institute, Regional Research Station, Bikaner, Rajasthan, India.
Madhu Sharma
Department of Agricultural Economics, College of Agriculture, SKRAU, Bikaner, Rajasthan, India.
Ravindra Singh Shekhawat
ICAR-Central Arid Zone Research Institute, Regional Research Station, Bikaner, Rajasthan, India.
Mohamad Awais
Faculty of Agricultural Sciences, Aligarh Muslim University, Aligarh, UP, India.
Banshi Lal Verma
Department of Agricultural Economics, SKNAU, Jobner, Rajasthan, India.
*Author to whom correspondence should be addressed.
Abstract
Oilseed crops are the second most important determinant of the agricultural economy, next only to cereals within the segment of field crops. Self-sufficiency in oilseeds was attained through “The Yellow Revolution” during the early 1990s and the major ones are soybean, groundnut, rapeseed-mustard, sesame, sunflower, castor, safflower, linseed and niger. Among the nine oilseed crops in India, the highest average contribution to total production of oilseeds is soybean followed by rapeseed & mustard and groundnut. Similarly, the highest average area contribution to the total oilseed area is of soybean (44%) followed by rapeseed & mustard (24%) and groundnut (20%). The main of the study is to know the response of acreage over the selected year. Against this backdrop the present study attempts to employ the Nerlovian lagged adjustment function for significant oilseed crops in Rajasthan to estimate the degree of acreage/supply responsiveness analyses. For the study secondary data from 1997-98 to 2020-21 were collected to obtain the results of acreage responsiveness of oilseed crops like groundnut, rapeseed & mustard and soybean in Bikaner, Alwar and Baran districts respectively. The results showed that acreage is increased under groundnut and soyebean.
Keywords: Oilseeds, acreage responsiveness, elasticity, Nerlovian lagged adjustment function