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11. The budget deficit rate of the GDP was about 5% in the 1960s and 1970s, 8% in the first half of the 1980s, and reached 10% in the latter half of the 1980s. See Joshi V. & I. M. D. Little, India-Macroeconomics and Political Economy 1964-1991, World Bank, Washington, 1994.

12. Government of India, The Central Budget 1995/96, New Delhi, 1995.

13. For details, see G. S. Bhalla, "Globalisation and Agricultural Policy in India" Indian Journal of Agricultural Economics, VOl. 50, NO. 1, Jan-March, 1995, pp7-26. Bhalla forecasts that the economic growth rate for the period will be 3 to 5.5%. His forecasts of the population growth are 1.94% for the period from 1991 through 2001, and 1.80% from 2001 through 2011.

14. Both data of rural areas. This is because urban areas consume a great deal of food, such as foodgrain-processed foods or meats, which generate derivative demand for feed crops, and no data is available to convert such consumption in to the unit of foodgrains.

 

 

 

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