個案總覽

The case considers alternative specifications of demand for food in India. Based on theoretical understanding and conceptual clarity, the most appropriate demand function for food in India needs to be identified and its coefficients need to be interpreted for further analytical use.

The case illustrates application of the concepts of demand elasticities of an agricultural product with high protein contents - pulses. It considers the current situation where good monsoon has raised hopes for the bumper crop of pulses in India. From a deficit of about 20% met by imports the county now is looking for attaining self-sufficiency. Public Policy option in this regard are also considered.