Paper Title
Economics of Electricity Subsidy in Agriculture: A Case Study of Indian Punjab

Abstract
This paper presents an analysis of the electrification of Indian Punjab’s agriculture since green revolution. It studies the efficient use of ground water and electricity in cultivation of paddy crop, within a free electricity regime. Electricity consumption in agriculture in Punjab has witnessed a steep growth rate since 1970s, as number of electric tubewells increases, water demanding paddy crop gained area under cultivation and ground water started falling, leading to a fall in productivity of electricity consumption in agriculture. Lack of economic incentives to ensure optimal utilisation of water and electricity has led to over utilisation of these crucial agricultural inputs, especially in cultivation of paddy crop, in addition to depleting the health of the state’s power utility. Keywords - Ground water, Electricity, Over utilisation, Productivity, Subsidy