The results of the values provided above confirms the model to be robust and reliable.
Exogenous Observations: While considering different variables of the model we came across several variables that couldn’t be included due to several issues like modelling problems, lack of adequate number of observation and etc. Those variables are Minimum Support Price (MSP) of food grains, Issue price and economic cost of production of food grains, food stock of food grains, government outlay on agriculture and agricultural research and development. On the basis of these variables following observations are being made which are exogenous to the existing model of the paper.