Wednesday 3 December 2014

Redefining the Green Revolution

    Describing the consecutive draughts , near famine conditions and political compulsions existed in the middle of  19th Century  as the reasons for the birth of Green Revolution, T.N.Srinivasan, Prof of Economics ,Yale University, dug into the pros and cons of the phenomenon that saved India from an extreme poverty and crisis during the mid 1960s.  Prof. Srinivasan was delivering a Millennium Lecture on the topic, Technology and Public Policy Interaction: The Green Revolution, held at MSSRF.
     The result of green revolution, according to Prof. Srinivasan, was a boost in agricultural output, increasing yield per hectare, diffusion of high yielding variety cultivation to wider areas and cultivation of crops other than rice and wheat. Apart from these, the revolution witnessed the emergence of a farmers lobby and  a fundamental shift from protective to productive irrigation which lead to a greater production for markets. 
    He attributed the success of green revolution to the technology, public policies and enthusiasm of farmers. However, citing the economical and environmental distortions caused by the Green Revolution Prof. Srinivasan said that “the revolution resulted in fiscal deficit and multiple markets with distorted prices that adversely  affected the economy.  On the environmental front the outcome was falling productivity of soil and it created an imbalance in the use of NPK fertilizers. It also caused for a drop in water tables” he continued.
       “The technology needs to be reached to the farmers and the government should encourage farmers and institutions who are working into the genetically modified (GM) crops. Farmers need to be given an opportunity to experiment” added, Prof. Srinivasan.
      Replying to a question raised among the audience about the Green Revolution 2.0, he said that “Policy support is crucial for the innovations in agricultural sector but at the same time public policies enacted without considering the long term consequences may cause more harm than gain”.
  The Millennium lecture was attended by more than 60 participants including Scientists , Academicians, Students and Journalists.