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Evaluation of Investment in Watershed Projects: Implications for Sustainability in Semi-arid Agriculture


  • D. V. Subba Rao

    (Institute of Economic Growth & Delhi School of Economics)


This paper analyses the role of investments in soil and water conservation measures on watershed basis for increasing land productivity in semi-arid agriculture. It discusses important conceptual issues relating to watershed analysis. Before analysing the data are obtained from a survey conducted in Maheswaram Integrated Watershed project in Andhra Pradesh. Sustainability issues are dealt within the framework of impact assessment and optimal land use approaches. Our analysis suggest that investments need to be concentrated on low cost technologies such as vegetative measures on watershed basis with regular care and maintenance.

Suggested Citation

  • D. V. Subba Rao, 1996. "Evaluation of Investment in Watershed Projects: Implications for Sustainability in Semi-arid Agriculture," Indian Economic Review, Department of Economics, Delhi School of Economics, vol. 31(2), pages 185-204, July.
  • Handle: RePEc:dse:indecr:v:31:y:1996:i:2:p:185-204

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    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation


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