Economic analysis of energy consumption in Agriculture sector of Indian Economy
1*Sanjiv Sarkar and 2B. Mathavan
1*Department of Economics, Faculty of Arts, Annamalai University - 608002 2Department of Economics, Faculty of Arts, Annamalai University, Tamil Nadu, - 608002 Address for Correspondence Sanjiv Sarkar Ph.D Research Scholar, Department of Economics, Faculty of Arts Annamalai University, Tamil Nadu, - 608002 Email: sanjivsarkar885@gmail.com
ABSTRACT
Energy consumption plays a crucial role in enhancing agricultural productivity and sustainability. This study conducts an economic analysis of energy consumption in the agricultural sector of India using time-series secondary data from 1990 to 2024. By employing an econometric model, the paper examines the relationship between energy consumption and agricultural output, assessing the impact of technological advancements and policy interventions. The study further investigates regional disparities in energy utilization, the effectiveness of renewable energy sources, and the role of government initiatives in shaping energy efficiency. The findings reveal significant trends in energy consumption patterns, highlighting both challenges and opportunities for sustainable energy practices. The results offer valuable insights for policymakers to enhance energy efficiency and agricultural sustainability while promoting a transition towards renewable energy sources. The study also includes eight tables, corresponding graphical representations, and three real images of energy use in agriculture to provide a comprehensive visual analysis