1887

The Impact of the Price Rise in Petroleum Based Agricultural Inputs on the Production of Wheat and Rice in India

A Study Prepared for the Commonwealth Secretariat by the National Council of Applied Economic Research, New Delhi

image of The Impact of the Price Rise in Petroleum Based Agricultural Inputs on the Production of Wheat and Rice in India

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Preface

The prices of important agricultural inputs, including diesel fuel and fertilizers, increased sharply following the increase in petroleun prices in 1973. This severely affected farmers in the non-oil producing developing countries. These countries were, therefore, faced with the twin problem of how to expand their food production to displace imports and so contain the adverse effects of higher oil prices on their balance of payments and at the same time do this in the face of the higher input prices with which their farmers had to contend.

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