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IIMB Management Review

Document Type

Article

Abstract

Farm management is a decision process. The tarmer and the state as
decision makers at different operational levels have some what conflicting
objectives to achieve-the farmer has to choose between alternative use of
scarce resources - land, labour and capital and operate his farm to maximize
the net returns; whereas the state has to increase the agriculture production to
meet the demand of the population even at higher levels of input costs. It has to
take decisions relating to Support Prices for various crop products, credit and
input supply in such a manner as to ensure healthy progress in the agriculture
sector.

Publication Date

6-1-1989

First Page

35

Last Page

54

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