Agriculture has been a part of the centrally planned economic system with Government organizations and agencies closely involved in all production and distribution activities. Fixed and multiple end-use oriented exchange rates, Government monopolies in procurement of all produce, fixed crop prices with balancing subsidies to neutralize production cost increases, rigidly enforced crop plans down to the individual farm level, strict control on imports through licensing and negligible use of private sector resources and energies to generate competition and efficiency were the main characteristics of the economy till the mid-1980s. Since then, there have been many major changes such as: unification of exchange rates, private sector entry into defined areas of agricultural procurement, imports of certain inputs and export of vegetables and fruits, reduced rigidities in crop planning, removal of explicit subsidies, fixation of prices according to production costs and similar measures. Rural credits serve as a tool for providing a sustainable livelihood for millions of rural Indians who don't have a means of livelihood.

Dr. Madhu Shreya has been researching the creative and cultural industries for the last fifteen years. While currently an Associate Professor at Private College in the Karnataka, she has also taught business classes to graduate students in cultural management, art and music programs at Banglore.