Policy Options THERE has been considerable shrinkage in the lease market since independence. The steepest decline was in the 1950s following the tenancy legislation. Area under tenancy declined from 20.34 per cent as per the NSS Eighth Round (1953-54) to 10,70 per cent in the NSS 17th Round (1961-62). The 1960s did not record any significant change in the area under tenancy. The Green Revolution, coupled with the more radical postures in land reform, in the early 1970s resulted in large scale resumptions for self-cultivation. Area under tenancy declined from 10.57 per cent in the 26th Round (1971-72) to 7.18 per cent in the 37th Round (1982).