Biofuels are globally considered sustainable and ecofriendly source of energy to enhance national energy security and decrease dependence on imported fossil fuels. During the past one decade, Government of India (GoI) has initiated several measures to augment production and use of biofuels.
Agriculture growth and instability have remained the subject of intense debate in the agricultural economics literature in India. While the need for increasing agricultural production or growth are obvious, the increase in instability in agricultural production is considered adverse for several reasons.
