Growth and performance index for agricultural productivity

The ‘Growth and Performance Index’ for agricultural productivity has been proposed as an alternative to the currently used growth indicators. We have suggested two Composite Indices, one based on two parameters, namely growth indicator (change in productivity over the year) and performance indicator (initial absolute productivity level) to replace the year on year growth rate and the second one combining stability indicator with growth and performance indicators to replace the Compound Annual Growth Rate (CAGR) over a number of years. Our exposition for rice and wheat productivity scenario in India has shown the worthiness of proposed indices in carrying out the comparison of geographical entities on the “productivity growth and performance” yardstick in a more logical and intuitively appealing manner in comparison to currently used growth measures.