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Agricultural Economics (M.Sc.)

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The Master of Science (M.Sc.) in Agricultural Economics (Thesis) offered by the Department of Agricultural Economics in the Faculty of Agricultural & Environmental Sciences is a research-intensive program that emphasizes engaging and evidenced-based learning opportunities. The program's objective is to equip students with skills in problem-solving, data analysis, and literature synthesis to either continue their studies or pursue professional opportunities.

Keywords: Environmental economics, Applied economics, Resource economics, Development economics, Agribusiness, Experimental economics, Behavioural Economics, Sustainable development

Unique Program Features

  • Student will develop analytical skills in the broad areas of agricultural, environmental, and ecological economics;
  • Through the program's learning activities, students will learn to apply concepts and tools to identify, define, and analyze economic problems affecting the performance of the agri-food sector and the environment;
  • As part of the thesis component, students may specialize in agribusiness, development, finance, marketing and trade, policy, and resource economics;
  • Graduates pursue careers in a variety of areas including academia (research, analysis, and decision-making), the private sector, in Non-Government Organizations, and with the government.

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Farm Mechanization Through Custom Hiring Centres in Punjab: A Survey

  • Conference paper
  • First Online: 28 February 2022
  • Cite this conference paper

m sc thesis in agricultural economics in india

  • Manik Rakhra 13 &
  • Ramandeep Singh 13  

Part of the book series: Lecture Notes in Mechanical Engineering ((LNME))

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9 Citations

By improving the Internet of Things (IoT), a vast amount of sensor knowledge sources will be conveniently accessed using different large-scale IoT systems. Frameworks are used for the processing and interpretation of mathematical evidence and for the decision help in real time and intelligent solutions. Recently, many companies have substituted robotics for human work. Any agricultural robots conduct big tasks such as irrigation, planting and harvesting in agriculture. Agriculture production and efficiency must be improved by the farm power and machinery of the farmer, but it is not easy for any farmer to hit this machinery. Customer hire services provide better scope for consumers by creating different service centers in India to deal with this issue. The strongest is the Argo Support Center situated in Punjab. In agriculture, intelligent farming is mainly concerned with enhancing agriculture quality and production. This output tends to enhance the farmer's way of life by reducing hard labor and challenging jobs. We are focused on equipment sharing and leasing to establish intelligent farming. In the ownership of machinery concerned with the production of consumer rental facilities, economic feasibility has a significant role. In this regard, engineers and farmers are proposing a technical approach that plays a leading role in exchanging and renting intelligent machinery.

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Department of Computer Science and Engineering, Lovely Professional University Phagwara, Punjab, 14411, India

Manik Rakhra & Ramandeep Singh

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Department of Industrial and Production Engineering, Dr. B. R. Ambedkar National Institute of Technology, Jalandhar, India

Anish Sachdeva

Department of Mechanical Engineering, Indian Institute of Technology-Roorkee, Uttarakhand, India

Pradeep Kumar

Reliability & Maintainability Engineering, North Dakota State University, Fargo, ND, USA

O. P. Yadav

Mohit Tyagi

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Rakhra, M., Singh, R. (2022). Farm Mechanization Through Custom Hiring Centres in Punjab: A Survey. In: Sachdeva, A., Kumar, P., Yadav, O.P., Tyagi, M. (eds) Recent Advances in Operations Management Applications. Lecture Notes in Mechanical Engineering. Springer, Singapore. https://doi.org/10.1007/978-981-16-7059-6_28

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Published : 28 February 2022

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    Kaur K (1988) Economics of custom hiring of agricultural machinery in the Punjab state. MSc Thesis (unpublished), Punjab Agricultural University, Ludhiana, India. Google Scholar Yadav S, Aggarwal S (2000) Economic analysis of utilization of farm tractors in selected districts of Harayana. Agril Engg Today 24(1):14-21