Globalization, privatization and scientific advancements pose new challenges and opportunities for the development of Indian agriculture. The emerging paradigm shifts focus to creation and application of new knowledge for agricultural development and global competitiveness. To facilitate this shift and realize greater economic efficiency, a new set of responsive institutions should emerge. This volume discusses the direction of institutional change in Indian agriculture. The roles of the state, markets and collective actions are examined for evolving the knowledge-intensive agriculture. The contributed papers from a number of leading researchers cover the institutions for R&D, land and water resources, credit, marketing, trade and agro-processing.