...Plight of Indian Farmers with Respect to current Credit Facilities Plight of the Indian Farmer India is an agrarian country and around 60% of its people directly or indirectly depend upon agriculture. Agriculture in India is often attributed as gambling with monsoons because of its almost exclusive dependency on precipitation from monsoons. The failure of these monsoons can lead to a series of droughts, lack of better prices, and exploitation of the farmers by middlemen, all of which have led to a series of suicides committed by farmers across India. Things have always been bleak for the Indian farmer. Here the term ‘farmer’ is used to describe the agriculturists with very small land holdings or no land ownership at all. The policies of the government and the often-lackadaisical attitude of the bureaucracy are responsible for the sorry plight of the farmer. Even the so-called ‘Green Revolution’ was successful only in patches. Not many small farmers could reap the benefits of the technology that required large tracts of land and lot of money. The policy makers ignored the need for creating infrastructural facilities like irrigation and storage and not to mention the transport facilities. Some of the main causes of the farmers’ mass suicide is due to absence of adequate social support infrastructure at the level of the village and district, uncertainty of agricultural enterprise in India, indebtedness of farmers, rising costs of cultivation, plummeting prices of farm commodities...
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...WORLD RESOURCES INSTITUTE What Works Case Study WHAT WORKS: AKASHGANGA'S IT TOOLS FOR THE INDIAN DAIRY INDUSTRY Using IT to increase efficiency in rural dairy cooperatives AJAY SHARMA AKHILESH YADAV August 2003 SUPPORT FOR THIS DIGITAL DIVIDEND “WHAT WORKS” CASE STUDY PROVIDED BY: THE MICROENTERPRISE DEVELOPMENT DIVISION OF THE UNITED STATES AGENCY FOR INTERNATIONAL DEVELOPMENT (USAID), THROUGH THE SEEP NETWORK'S PRACTITIONER LEARNING PROGRAM THE DIGITAL DIVIDEND “WHAT WORKS” CASE STUDY SERIES IS MADE POSSIBLE THROUGH SUPPORT FROM: THE INFORMATION FOR DEVELOPMENT PROGRAM (INFODEV) MICROSOFT IN PARTNERSHIP WITH: COLUMBIA BUSINESS SCHOOL UNIVERSITY OF MICHIGAN BUSINESS SCHOOL UNIVERSITY OF NORTH CAROLINA KENAN-FLAGLER BUSINESS SCHOOL EXECUTIVE SUMMARY India has quadrupled its milk output in forty years, becoming the world’s largest milk-producing nation, with a gross output of 84.6 million tons in 2001. It has achieved this on the strength of a producer-owned and professionally-managed cooperative system, despite the fact that a majority of dairy farmers are illiterate or semi-literate and run small, marginal operations; for many dairy farmers, selling milk is their sole source of income. More than ten million dairy farmers belong to 96,000 local dairy cooperatives, which sell their product to one of 170 milk producers’ cooperative unions which, in turn, are supported by fifteen state cooperative milk marketing federations. Despite this achievement, India’s...
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...Role of Information Technology in Agriculture and its Scope in India S.C. Mittal,1 *** Abstract Information of the required quality always has the potential of improving efficiency in all spheres of agriculture. The emerging scenario of a deregulated agriculture, thanks to WTO, has brought in a greater ‘need’ and urgency to make it an integral part of decision making by Indian agricultural community. Information Technology (IT) has a major role to play in all facets of Indian agriculture. In addition to facilitating farmers in improving the efficiency and productivity of agriculture and allied activities, the potential of IT lies in bringing about an overall qualitative improvement in life by providing timely and quality information inputs for decision making. The personnel who work for the welfare of Indian farmers, such as extension workers, do not have access to latest information which hinders their ability to serve the farming community effectively. This paper focusses on the scope for e-powering people who live in rural India as well as those who work for their welfare. The latest developments in IT that facilitate effective IT penetration to rural India, changing pattern of information requirements & role of IT, type of systems required in the post-WTO environment, the bottlenecks in e-powering rural India along with possible solutions are examined. *** Information Technology and its Components Induction of IT as a strategic tool for agricultural...
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..."Will Foreign Direct Investment (FDI) in multi-branding retail improve the condition of Indian agriculture?" Team : - Avatars Members :- Niloy Roy ( p12niloyr@iimahd.ernet.in / 9974184587 ) Pakki Lakshman Vivek ( p12pakkiv@iimahd.ernet.in / 9974189224) The Indian agricultural sector’s plight makes me recall one of the outstanding scenes of Indian cinema through Ashutosh Gowarikar’s Swades where the protagonist , Mohan Bhargava meets a poor Indian family fallen on hard times who earn their living through selling of clay pots. The unawareness of the real market prices of their goods makes the family suffer losses. Drawing parallels, the chief concerns of farmers in India have been the lack of price security of their produce which I believe, the FDI tries to resolve. The cabinet’s insistence in allowing Foreign Direct Investment in multi branding retail has met with mixed responses all across the nation with different people having varied opinions regarding its impact. With the prime minister oozing confidence over this reform, he has met a lot of opposition from people who believe this is going to harm the unorganized sector of the Indian retail while some feel that the constraints of 51% and the wave of oppositions that it faces will actually make no difference to anyone out there. The supporters of multi brand retail feel that agriculture is the sector which is going to be highly affected in a positive light by this reform. They are not wrong as the impacts are unmistakeable...
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...India lives in villages”. Nearly two-thirds of its population depends directly on agriculture for its livelihood. Agriculture is the backbone of the Indian economy earlier it had a major contribution in Indian economy, at the time of independence it was 33.3 percent which is increased to 56.5 percent in 2013. Current agriculture marketing system in the country is the outcome of several years’ planed work of Indian government and fourteen five year plans including few Prime Minister’s special plans for rural people. The efforts took place immediately after the independence of the nation. The foundation of markets is to provide market to agricultural produce and supporting them with minimum support price so that farmers get a healthy margin for their produce. This will encourage them to take agriculture as one of the mean for their livelihood. SUMMURY The central and state government equally responsible for the matters related with agriculture and agriculture market system. In the initial stages Five Year plans has focuses on the infrastructure development in the specific sector. In 1960’s the focus moved on the institutional building such as Central Warehousing Corporation, Food Corporation of India. The National Commission on Agriculture (1976) had recommended that the facility of regulated market should be available to the farmers within a radius of 5 km and if this is considered a bench mark, the command area of a market should not exceed 80 sq km. The continuous irregularities...
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...growth in services — new supermarkets, banks, tourism — also created jobs. But overall, Mexico was unable to create enough jobs to make up for all the jobs lost because of competition from imports, particularly purchases of subsidized grains from the United States. The oversupply of labor, along with government policies that succeeded in keeping wages low, have led to a slight increase in the gap between average wages in the United States and Mexico — precisely the opposite of what Nafta was expected to do. * Unfair competition among import and domestic market In many developing countries, the liberalisation of imports has resulted in intense competition from imports that have threatened to displace some of the products of small farmers from their own domestic market. The competition emanating from imports has not been fair, in many cases. This is because imports coming from developed countries are usually heavily subsidized, and thus their...
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...Academic Head, Management. A NTSE (NCERT) and HRD Ministry scholarship holder, she has qualified SLET in Anthropology. With over 8 years of industry experience, her current affiliation as Human Resource Consultant is with the Lucknow based project centre of Johns Hopkins University of Public Health and Hygiene, which she earlier served for 4 years as Manager HR and Research Associate. DECLARATION I hereby declare that the paper/case is original and is authored by me. The paper/case has not been published elsewhere ABSTRACT E-VOLUTION: TECHNOLOGY AS A DRIVER OF RURAL RETAIL IN INDIA – A CASE OF ITC’S FORAY INTO THE RURAL MARKET. 70 % of India's population lives in rural areas in its 627000 villages. Technopak’s estimated size of the Indian rural market at USD 300 billion shows the rural-urban split in the ratio 55 – 45 and the FMCG and durables consumption in the rural market at about 53% and 59% of all India figures respectively. Organised retail, in recognition of this potential has started offering products and services to the rural consumers, but find inadequate infrastructural...
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...farm produce and the dumping of cheap agriculture commodities by other countries are allegedly undermining the welfare of Indian farmers who form over seventy percent of the nation’s population. Various theoretical solutions based on political leanings and financial considerations are offered by a wide spectra of Indian media, public and national intelligentia. However, a solution based on a sound and practical scientific approach has yet to be emerge. Underlying all the problems is the inability of the country to compete with the other nations in pricing and quality of Indian farm produce and agriculture commodities. Most other nations can produce at lower cost than India, agriculture items traded in the international market. An attempt is made here to evolve a scientific dimension for solving the WTO related negative impacts on Indian agriculture in general and the economics of the farming community in particular. India has one of the lowest agriculture productivity or crop productions per acre in the world. This is responsible for most of the maladies associated with WTO considerations. Adoption of modern agriculture production practices and putting tools of state-of- the-art production technologies in the hands of Indian farmers would make them competitive with the farmers of the other countries. This will open the way for Indian farmers to significantly reduce unit cost of agriculture produce, which is fundamental to successful competition in the world market...
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...the planters and the Indians. Because Sir William Berkeley, the Governor of Virginia had willingly denied support to the farmers, Bacon assumed leadership of an unauthorized expedition against the Indians. When Bacon learned that Governor Berkeley was rising a force against him, he turned away from the Indians to fight with Berkley. This had now become a serious problem for the governor. When news of this revolt had reached King Charles II, it alarmed him so that he dispatched eleven hundred troops to Virginia, recalled his governor, and appointed a commission to determine the causes of the dissatisfaction. Bacon's Rebellion is considered to be the most important event in the establishment of democracy in colonial America because the right to vote and social equality were denied to the farmers by the local government. The right to vote is a small but crucial part of the democracy. During the first half of the 17th century the farmers on the plantations in Virginia were not able to exercise their right to vote. The only people that were able to vote during this time were the wealthy men who owned land. Overall the colonists had not been treated fairly. They had been over taxed and denied their voting rights. To them voting meant that the person they elected was the person they felt was responsible enough to motivate them and support them. Unfortunately Governor Sir William Berkeley was not living up to those standards. Berkeley did not care about the farmers. It was obvious that...
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...misunderstanding and the desire for land. The colonists brutally slaughtered the Indians because they control the land that the English colonists wanted for plantations and other resources. In the Chesapeake region, clashes occurred between the Virginia settlers and Powhatan tribe and resulted in the first and second Anglo-Powhatan wars. The colonists exterminated the Indians and burned their villages, banishing the Powhatan tribe from the Chesapeake Bay region to inferior lands. Similarity, in New England, the Pequot War and King Philip's war was fought between the Puritans and the Pequot tribe to resist English settlement on Indian land. In the Mystics Massacre during the Pequot War, the English set an Indian village on fire and shot the escaping survivors; a total of three hundred women and...
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...Kara Latimer History 125 Week 2 Assignment Michele Riley 1. The Western settlement had inevitable conflicts for many reasons like the expansion of railroads and farmers, and natural resources. The expansion of the railroads was a huge part in settling in the west. People could get from one side of the countries territory to the other in much less time. This opportunity meant more traveling for so many people. Farmers were also quick to move out west and expand their lands. People could go and buy much more land because there was plenty of it. Crops that had been grown on the new western farms could be sent on trains to be sold through the Appalachian Mountains. The natural resources that had been in need of for the U.S were profitable land, opportunity of commerce, and a barrier against other countries. The land would be divided into smaller territories and then sold to farmers. Many farmers took advantage of this opportunity to expand their land and their crops. Selling the land made money for the government and the crops helped the country stay profitable. An area that did end up becoming a major part of our country was the Louisiana Purchase. The territories became great farming land. The Louisiana territory opened up to the ocean which made for an easier way to trade and acted as a defense for the U.S. People soon learned they could send products by boat and travel by boat for a cheaper price. The President Thomas Jefferson sent out expeditions to find more exploitable...
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...Society Today: An Interdisciplinary Journal of Social Sciences ISSN 2319-3328 VOL -2 DECEMBER 2012 Globalization and its impact on Rural market, Consumers and Farmers in India Notan Bhusan Kar* Abstract Globalization, liberalization and privatization have brought many changes in the Indian economy. Since 1991, the New Economic Policy has been implemented in India and that policy is clearly associated with Globalization. As a result, many multinational companies (MNCs) along with indigenous products have entered into Indian Market. The rural market is the biggest market in India because two third of the Indian consumers live in rural areas. Most consumers of these regions, which is around 70 percent, are engaged in agriculture and its allied works for their livelihood. Over 70 percent of sales are made to the middle class households today of which over 50 percent of the middle class belong to rural India. Thus the rural market has been growing to the Fast Moving Consumer Goods (FMCG) and is now bigger than the urban market. According to a study by Chennai-based Francis Kanoi Marketing Planning Services Pvt. Ltd. today the rural market in India is worth Rs.1,23,000 crores, among which Rs.45,000 crores are agri-inputs market. To capture this lucrative market, many producers including multinationals have been developing their marketing strategies. It is a fact that due to ignorance and low awareness, most of the rural consumers are helpless against the unethical marketing practices...
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...major commercial banks were nationalized with one of the objectives of developing banking sector in rural areas and providing easy institutionalized credit to the farmer. Soon these banks became the major source of affordable credit in the rural market particularly for the small and marginal farmers. However in the era of neo liberalization, since 1991, the nationalized banks started reducing their commitment below the prescribed 18 per cent, while the cooperative banks turned sick and failed to provide credit. With the implementation of the recommendations of the Narasimham Committee on Banking Reform post 1991, some of which included the decontrol of interest rates, large scale closure of rural branches for rationalized branch networks, the national effort towards developmental and social banking for farmers came to an end. This squeezed credit lines to farmers and led to a drastic fall in the credit flow to agriculture. In Andhra Pradesh for example, the proportion of bank lending to agriculture fell from 43% in 1998 to 26.7% in 2003, covering only one-third of the credit needs of the farmers. This crisis of unavailability of credit from formal sources forced the farmers to turn to moneylenders despite the high interest rate (often as high as 36% -100% compound) charged by them. Unable to replay the loan, the farmers are...
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...WORKING PAPER NO: 366 Foreign Direct Investment in India’s Retail Sector: Some Issues Murali Patibandla Professor Corporate Strategy & Policy Indian Institute of Management Bangalore Bannerghatta Road, Bangalore – 5600 76 Ph: 080-26993039 muralip@iimb.ernet.in, m_patibandla@yahoo.com Year of Publication June 2012 1 Foreign Direct Investment in India’s Retail Sector: Some Issues Abstract Foreign direct investment (FDI) plays an important role in India’s growth dynamics. There are several examples of the benefits of FDI in India. FDI in the retail sector can expand markets by reducing transaction and transformation costs of business through adoption of advanced supply chain and benefit consumers, and suppliers (farmers). This also can result in net gains in employment at the aggregate level. This paper brings forth a few conceptual issues and analysis of qualitative information, data and stylized facts on these issues. Key words- India, Foreign direct investment, Retail, Supply chain, Farmers 2 INRODUCTION In applying transaction-cost logic to political aspects of the reform process in less-developed economies, Dixit (2003)) characterizes three phases in the formation of interest groups under information asymmetry: ex ante, interim, and ex post. At the ex ante stage, each individual is uncertain about his own type as well as the types of others because there is no private information. At the interim stage, each individual knows his own type but not the type...
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...RURAL INDIA * GROUP K2 INDIAN CONTEXT: India is a secular state, majority being Hindus. A large chunk of the Indian population still continues to live in the rural areas, their major occupation being agriculture. After independence, Indian economic strategy favoured production of capital goods which lead to development of industrial base. Private sector had to obtain manufacturing licenses for other industries With changing times and conditions, various economic reforms were introduced. Tracing back to 1973, Government asked all the multinationals to dilute foreign equity to 40% except under special circumstances. Many multinationals left the country, yet a few others continued by using the benefits available. The advantages with respect to the demographics were low cost labour, abundance of technically trained staff. By eighties, India had a good industrial environment with respect to the standards of the developing countries. The government control and restrictions was still very high. With the use of new seeds, fertilizers, pesticide and irrigation methods, India became self sufficient in food. India had a very strong Informal or Unorganized sector mainly cottage industries as they were exempted from many restrictions as compared to large or organized firms. Organized sector Labour unions were very strong in India and were politically active. By 1990, GDP was 3.5%, which was largely limited because of the stringent policies of the Indian government. Inflation was...
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