To achieve its strategic objective of food security, the Government of India (GOI) maintains an elaborate set of food grain policies which include public procurement and price support operations, price stabilisation through buffer stocks, public food grain distribution, and extensive controls on...

The objective of this paper is to conduct theoretical inquiries and empirical analysis on the issue of institutional evolution for resource management, focusing on irrigation water, a traditional local common property resource. Two management schemes for inigation water, a community management...

Stabilization of prices is an important element of food policy in India as in most other countries - both developing and developed. However, since the magnitude of grain stocks held for this purpose as well as the costs of physical storage have become prohibitively high, there is now a need for...