# Chapter Five Insurance Participation and Input Usage

Save this PDF as:

Size: px
Start display at page:

## Transcription

1 Chapter Five Insurance Participation and Input Usage Empirical Evidence at Micro Level 5.1. Introduction In this chapter we have analyzed the effect of crop insurance on the three crops under study such as Aman Paddy, Boro Paddy and Potato. With this end in view required panel data have been collected by sample survey directly from the field with the help of suitable questionnaire. The panel data have been collected for different farm-sizes as follows. (i) Marginal farms: farms with land size less than one acre; (ii) Small farms: farms with land size in between one and two acres; (iii) Medium farms: farms with land size in between two and four acres; (iv) Semi-Medium farms: farms with land size in between four and ten acre; and (v) Large farms: farms with land size more than ten acres. The number of observations for each farm-size for the panel of five years ( ) is three hundred and fifty five (355). Thus for five farm-size classes the total number of observations for the panel of five year is We have collected panel data on (i) Area under production (in acres); (ii) Output (in quintal) and (iii) Yield (quintal per acre) and cost of five important factors of production such as (i) Seed cost (in rupees); (ii) Labour cost (in rupees) ; (iii) Irrigation cost (in rupees); 183

3 Descriptive Statistics of Aman Paddy The overall descriptions are important about farms who cultivate Aman Paddy under the crop insurance umbrella in the district of Hooghly. Refer to table The average land size hold by the Marginal, Small, Medium, Semi-Medium and Large farms are 0.71 acre, 1.61 acre, 3.4 acre, 8.82 acre and acre respectively. The average production of Aman Paddy is found to be highest for large farms ( quintal) and lowest for Marginal farms (16.84 quintal). But the variability of production of Aman Paddy (CV=22.18%) is found to be highest for Marginal farms and lowest for Medium size farms (CV=11.44%). In this respect we have pointed out some intuitive logic such as after taking crop loan the marginal farms either use their total loan for production or use some part of money for family expenditure. Besides we may expect that the marginal farms also supply agricultural labour and may try to complete their own cultivation as early as possible. As average production of marginal farms is very low, they are unable to fullfill their own household demand and unable to create marketable surplus. In this respect they may give less effort and neglect their own cultivation and give some special intension on how they can earn extra large income by working as an agricultural labour on the field of other farms. Besides, they may use traditional production technique and ordinary seeds for cultivation. The average yield of the Marginal farms is found to be highest (23.85 quintal per acre) and lowest for large farms (18.11 quintal per acre). Actually the marginal farms cultivate by using own labour and they are economically very weak. They may obtain the required cash of money to meet the expense of cultivation by taking crop loan or credit from the different financial institutions and it requires them to be insured. We may think that they take some precautionary steps to cultivate carefully and to increase the production of their land. Therefore the variability of yield is lowest for marginal farms (CV=5.63%) and highest for large farms (9.58%). Our empirical findings also support the famous hypothesis of inverse relationship between farms size and productivity. Refer to table It is being seen that the variability of output (CV=10.40%) is lowest but variability of yield (9.58%) is highest for the large farms. Since most of the large farms are economically strong and obtain large amount crop loan from the banks. This is indicative of the 185

4 fact that more area of cultivable land of large farms comes under crop insurance scheme. They use modern technique and HYV technology in the production process. On an average the large farm is found to produce quintal. The variability of production is comparatively lower. The yield rate is low but the variability of yield is also very high. Table Descriptive Statistics on the Cultivation of Aman Paddy in the District of Hooghly Farm-Size Descriptive Statistic Area (Acre) Output (Quintal) Yield (Q/A) Seed Cost of Inputs per Acre Labour Irrigation Fertiliser Pesticide Education (Years) Large Semi- Medium Small Marginal Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Author s own calculation based on primary data for the period

5 We explain the descriptive statistics of cost of inputs per acre for different farm-size. Refer to table There is no significant difference between average yield and variability of yield of both small and marginal farms. This is due to the fact that the production technique and economic condition both are not much different. There is much more consistency in both area and production in the case of medium farms. The medium farms cultivate their land and harvest the crop themselves by their own labour or by hired labour or by a combination of the two. They may be encouraged to use HYV seeds and sophisticated production technique due to availability of sufficient crop loan and protection from crop insurance. Overall the economic condition of medium farms is better compared to both marginal and small farms. There is less difference of fluctuations of area under cultivation, production and yield rate of Aman Paddy, between semi-medium and large farms. Since both types of farms follow relatively similar production procedure of Aman Paddy. Both types of farms also get much more amount of loan for the cultivation of Aman Paddy. They cultivate and harvest agricultural land by hiring all inputs; as a result cost of production is also very high relatively to that of other farm-size. Refer to table We have explained the descriptive statistics of inputs cost of production per acre for Aman Paddy. All the agricultural activities of large farms are done by hired labour. Therefore the cost of production per acre of all factors is higher compared to that of other farmsize. As cultivation of Aman Paddy of large farms is done by wage labour, they (labours) may apply either excess inputs or fewer inputs simple misuse of inputs. They have advantage of getting of large amount of crop loan from different financial institutions and can easily manage the cost of production. The fluctuation of costs of different inputs is very low for large farms. On the other hand, the average inputs cost per acre of land is lowest for marginal farms and there is less consistency in the cost of inputs per acre. For the marginal farms, size of the cultivated land is very small. The agriculture activities are done by themselves and as they are economically weak, they also try to use traditional seeds and non-chemical fertilizers. As a result the cost of labour, seed, fertilizers, pesticides and even irrigation cost per acre is low. 187

6 The average cost of inputs per acre for marginal, small and medium farms are not much more different. The agricultural activities are done by themselves and also sometimes by wage labour. Similarly variability of inputs cost per acre for marginal, small and medium farms are more or less same. The fluctuation of inputs cost per acre such as seed cost, labour cost, fertilizer cost and pesticides cost both for semi-medium and large farms is not significantly different. Only the fluctuation of irrigation cost for large farms is higher than semi-medium farms, as large farms depend not only on the monsoon but also on artificial irrigation facilities such as deep tubewell, shallow, heavy deep tubewell etc. Average education level for all farm-size is same that is tenth standard; generally overall number of highly educated farms is very small. However, the variability of education level of marginal (CV=30.28%) and large (CV=31.21%) farms is not significantly different. On the other hand there is no difference on the variability (average CV=32%) of education among small, medium and semi-medium farms Descriptive Statistics of Boro Paddy Refer to table We observe that the average area of land holding by different farm-size is supported by our classification of farm-size on the basis of land size. Such as average area of land for marginal farms is less than one acre (0.70 acre) and for large farms is more than ten acre (15.45 acre). Besides, the maximum and minimum of land holding size is also in support of our classification of farm-size on the basis of area of cultivable land hold by five farm-sizes. On the other hand, another important point is visualized that the mean value and medium value of land size of both small (mean=median=1.59) and medium (mean=median=3.48) farms are equal. So we remark that there is normal distribution of farm-size of both small and medium farms. The variability of area of marginal farms is highest (CV=21.03%) and followed by small (CV=17.76%), large (CV=10.25), semi-medium (CV=9.68%) and medium (CV=8.67%) farms. Since for medium farms the area of land varies from two to four acre and major section of the farms lies in the groups of small and medium farms. 188

7 Table Descriptive Statistics on the Cultivation of Boro Paddy in the District of Hooghly Farm-Size Descriptive Statistic Area (Acre) Output (Quintal) Yield (Q/A) Seed Cost of Inputs per Acre Labour Irrigation Fertiliser Pesticide Education (Years) Large Semi- Medium Small Marginal Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Author s own calculation based on primary data for the period The average output of large farms is highest ( quintal) due to large farm-size. On the other side as the farm-size of small farms is low, average output is also very low (16.61 quintal). We have shown that as the farm-size increases, the average production also increases that is we may expect that there exists direct relation between average production and farm-size. The variability of output of the marginal farms is higher than the other farm-size, it is near about twenty two 189

8 percent (CV=21.85) and also the variability of production of the small farms is comparatively high, near about nineteen percent (CV=19.03%). The yield rate is highest (23.90 quintal per acre) for the marginal farms and lowest (22.13 quintal per acre) for the large farms. But the fluctuation of yield rate is highest (CV=9.43%) for large farms and lowest for marginal farms (CV=5.54%). Though the yield rate of marginal farms is higher than other farm-size but the yield rate of marginal, small, medium and semi-medium size varies within twenty three quintal per acre (near about twenty three quintal per acre). We observed that the maximum quantity of yield of marginal, small and medium farms is more or less the same and also the minimum quantity of yield of these three farm-sizes is also more or less same. The variability of yield rate of both marginal and small farms is near about five and half percent and for medium farms it changes marginally and it becomes just near about six and half percent (CV=6.56%). In this regard we may point-out some basic reasons that the marginal and small farms depend largely on the agriculture and they cultivate and even harvest the crop carefully and try to complete all agricultural activities by themselves as early as possible because they sometimes work as an agricultural labour on the field of other farms. From table-5.2.2; another important point is found that the maximum education level of both marginal and small farms is higher (college standard) compared to the other farm-size. As average production is very low, they are unable to maintain the total family expenses and they may attempt to learn higher education by which they try to engage to other non-agricultural activities or agro-based industries. The average production of the marginal farms is lowest as the farm-size is small (less than one acre) but both the seed cost and irrigation cost per acre are highest. This means that the marginal farms also use HYV seeds for cultivation and spend more money on HYV seeds because they try to increase the yield rate of the cultivable land. There are different types of irrigation facilities available in the district of Hooghly such as river, cannel, heavy deep tubewell, mini tubewell, shallow, etc. Where the cannel facilities are not available the farms totally depends on the artificial irrigation facilities consequently the cost of irrigation increases. The marginal farms are economically very weak and they are unable to set-up an artificial irrigation facilities (shallow, 190

9 mini-deep tubewell etc.) by own expenditure as a result they purchase water for irrigation from other farm-size. Therefore both the average irrigation cost as well the variability of irrigation cost (CV= 56.21%) per acre is highest for marginal farms. The seed cost per acre is lowest for medium farms (Rs /-). Though the average seed cost per acre is highest for marginal farms and lowest for medium farms, but it is generally observed that the quantity of seeds required for per acre of cultivable land more or less the same only the price per kilogram of HYV seeds varies on the basis of the quality. As a result the cost of seeds per acre of land varies for all farm-size from near about four hundred eighty five to four hundred sixty one respectively. All the agricultural activities of large farms are done by the hired labour that is from the preparation of seeds field to harvesting of the crop. Consequently more number of labours is required. Therefore the cost of labour per acre for the large farms is higher than other farm-size. Similarly for the semi-medium farms, we see that all the agricultural activities done by hiring labour so the cost of labour per acre of land of semi-medium farms more or less the same to the large farms. On the same point of view we may state that the variability of labour cost of large farms (CV=8.34%) as well as semi-medium farms (CV=9.42%) is relatively low. On the other side the cost of labour per acre of land for marginal farms is lowest which marginal increase for small and medium farms. The agricultural work of marginal farms are done by themselves and for the small and medium farms may be done by either own or by hiring few labours. Therefore, the variability of cost of labour per acre is higher for marginal farms (CV=17.93%) and marginally decreases for both small (CV=17.21%) and medium size farms (CV=16.18%). Generally the average irrigation cost of both the large and semi-medium farms is lower than other farm-size. Those two farm-sizes are economically stronger than other farm-size. They are able to set-up own artificial irrigation facility to secure the supply of water (heavy deep-tubewell, mini tubewell, shallow etc.) and for this purpose they have capability to collect large amount of credit or crop loan from different financial institutions. The education level of large and semimedium farms is better than other farm-size, so they always try to get the benefit of the crop 191

10 loan. Therefore on the basis of the above point of view, we may argue that the variability of the cost of irrigation for both large (CV=39.30) and semi-medium (CV=45.34%) farms are also lower. Another important point is that as the farm-size become lower and lower, the average cost of irrigation per acre increases and also the variability of irrigation cost per acre increases. Similar we observed from table-5.2.2, that the average cost of fertilizer is highest for large farms and lowest for marginal farms. The variability of fertilizer cost for large farms is lowest and highest for marginal farms. Also with the increases of the farm-size the average cost of fertilizer increases and also the variability of cost of fertilizer per acre decreases. We also observe that the pesticides cost per acre of land is higher for large farms and lowest for the marginal farms. In this regard we have already discussed some logic on the above paragraphs. It is also observed that the variability of the cost of pesticides per acre is also highest for marginal farms and lowest for large farms. There is no much different in the variability of pesticides cost of per acre among the marginal, small and medium farms in case of winter paddy, Boro Paddy Descriptive Statistics of Potato We know that potato is an important commercial crop and winter crop to the farms of Hooghly district. The farms of this district always try to use large portion of their cultivable land for Potato production compared to the other winter crops such as mustard seed, wheat etc. Generally, the farms use HYV seeds and HYV technology for the cultivation of Potato in a large scale. As a result the cost of production of Potato per acre of land is very high compare to the other winter crops. The large amount of cash money is required to complete the cultivation of Potato. In that situation they approach to the different financial institutions and take the crop loan to get the required cash money. That means they come under the crop insurance net. They take various risky steps to obtain high production. As they are insured they expect indemnity from insurer, the State and Central government after short of yield by any natural calamities. According to the information of the Agriculture Insurance company of India Limited (AICIL) 192

11 the large number of farms of different farm-size were affected by natural calamities such as pest, different types of dieses, fog, inferior quality of HYV seeds, shortage of irrigation facilities etc in the years of , , , and in the district of Hooghly. Table Descriptive Statistics on the Cultivation of Potato in the District of Hooghly Farm-Size Descriptive Statistic Area (Acre) Output (Quintal) Yield (Q/A) Seed Cost of Inputs per Acre Labour Irrigation Fertilizer Pesticide Education (Years) Large Semi- Medium Small Marginal Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Mean Median Maximum Minimum C.V Author s own calculation based on primary data for the period Refer to table The average of area of cultivable land of different farm-size supports our classification of farm-size on the basis of our collected primary data. The fluctuation of area of 193

12 cultivable land of Potato of marginal farms is higher than other farm-size. Generally, the farm of the marginal size is economically poor. Therefore, after taking crop loan if they are affected by natural calamities in any year they are unable to pay the crop loan to the respective financial institution on that year. Therefore, there is no capability of marginal farms to take the crop loan in the next year. Similarly, the average output ( quintal)of the large farms is highest as farm-size is larger than other farm-size and lowest for marginal farms (45.64 quintal) as farm-size is very small (less than one acre). The variability of output of marginal farms (CV=21.96%) is highest and lowest for medium farms (CV=11.32%). Though, the average output of large farms is more than twice than the average production of semi-medium farms but the variability of production of both farm-sizes is more than twelve percent. Since both farm-sizes may economically may be stronger than other farm-size farms. One important matter is that as all types of farm-size use HYV seeds and fertilizers, the yield rate for all farm-size is more or less same that is near about eighty quintal per acre but the variability of yield increases with the increase in farm-size. Even the variability of yield increases with the increase in farm-size, but the fluctuation of yield of both marginal and small farms is more or less the same near about six percent. Generally there is no basic difference between the characteristics of the marginal and small farms. The variability of yield is highest for large farms and lowest for Marginal farms. Since the cultivation of large farms is done totally by hiring labour. As they get large amount of crop loan from the different financial institutions sometimes they may use a large portion of their crop loan for non-agricultural activities and show the little interest for the cultivation of Potato. The cost of seeds per acre is more or less the same for all types of farm-size as all farms use HYV seeds for the cultivation of Potato. But the variability of seeds cost decreases with the increase in farm-size and it varies due to the variation of market price of different qualities of HYV seeds. It is highest for the marginal farms as the farm-size is small they get insufficient cash money through the crop loan from different financial institutions. Besides they also fear how they can repay the crop loan if individual crop is damaged by pests, dieses etc. However, 194

13 they actually receive crop loan at the last moment of cultivation of potato. In that time demand of the HYV seeds increases and market price also fluctuates highly (increases). They try to purchase HYV seeds at low price from the market but it is impossible. Therefore the variation of cost of seeds is highly fluctuating. The same condition may also happen in case of both small and medium farms. Therefore, we may also point out that due to the above reasons the variability of both fertilizer cost and pesticides cost per acre is higher for marginal, small and even medium farms than large and semi-medium farm size. The average labour cost is highest for large farms. Since all activities of agriculture that related to the cultivation of Potato of large farms are done by hiring labour. Such as cutting Potato seeds, breeding the seeds, cultivating, maintained and harvesting as well as storage are all managed by hiring labour. The large farms always employ a certain number of labours and this number marginally changes in every year but the cost of labour fluctuates due to increase in the wage rate of labour every year by the government. The irrigation cost of the Potato cultivation is also more or less the same for the large, marginal and small farms but the variation of the irrigation cost of marginal, small and medium farms is comparatively higher than other two farm-sizes. The marginal, small and medium farms are economically the same, they take water facility either from the different government organized river pump, heavy deep tubewell or mini tubewell or from different private organized heavy deep tubewell or mini tubewell. Therefore the cost of irrigation per acre continuously increases due to fluctuation of market price of diesel, electricity etc. The fertilizer cost and pesticide cost are higher for large farms due to the large-farm-size and also agriculture activities are completed by hire labour. On the other hand fluctuation of both fertilizer and pesticide costs is lower than other farm-size. The large farms are economically strong and their education level is relatively better than other farm-size. So they purchase and store different types of fertilizers and pesticides as early as possible. Generally it is observed that most of the large farms purchases both fertilizers and pesticides before getting crop loan from different financial institutions. Hence they may not face the problem of the shortage of fertilizers 195

14 and pesticides or also high price fluctuation of the market. Similar facts may also be observed in case of the semi-medium farms Descriptive Statistics on Insurance Participation The insurance participation is a key factor in case of crop insurance system. It increase with increase in the insured acre and there is a positive and significant trend in interest of the farms about the crop insurance scheme. The insurance participation for crop of a farm is defined by the ratio between insured acres to total acre. The marginal, small and medium farms are economically poor. They always demand sufficient amount of cash money at the moment of cultivation and try to collect such amount of money either from non-institutional sources or from the institutional sources. But if they collect money from non-institutional sources, there is no chance of receiving indemnity after crop damage. On the other hand if they collect such amount of required cash money from institutional sources, they receive indemnity after crop damage because they are included under the crop insurance net. We may think that all farm-size always give some special interest on the institutional loan that is on the crop loan. In this section we will analyze the descriptive statistics on insurance participation of different farm-size on the basis of our collected primary data directly from field survey for the period We have collected seven important informations about the insured farms for three important insured crops such as Aman Paddy, Boro Paddy and Potato. The seven important informations are total area of production, total insured area, total production, seed cost per acre, labour cost per acre, irrigation cost per acre, fertilizer cost per acre and pesticides cost per acre of a particular crop for a insured farm. Refer to table The average insurance participation is highest for marginal farms in case of all three crops such as Aman Paddy, Boro Paddy and Potato and it is followed by small farms. The insurance participation of Aman Paddy in average is seventy three percent (73%), for Boro is ninety one percent (91%) and for Potato it s increased and becomes ninety five percent (95%) in case of marginal farms. On other respect the average insurance participation of small farms is highest for Boro Paddy (89%) and followed by Potato (86%) and Aman Paddy (71%). Since 196

15 both marginal and small are economically very weak economically. They always try to enter into the cop insurance schemes and try to get the benefit of crop insurance. The large and semimedium farms are economically may be stronger; they always try to get extra benefit after taking crop loan through the crop insurance. Besides the numbers of large and semi-medium size farms are very little compared to marginal, small and medium farms for all crops. Therefore the average insurance participation of both large and semi-medium farms is approximately same for all the study crops. Table Descriptive Statistics on Insurance Participation in Agriculture in the District of Hooghly Farm-Size Descriptive Statistic Large Semi-Medium Medium Small Marginal Crop Aman Paddy Boro Paddy Mean Median Maximum Minimum Standard Deviation Coefficient of Variation Mean Median Maximum Minimum Standard Deviation Coefficient of Variation Potato Mean Median Maximum Minimum Standard Deviation Coefficient of Variation Author s own calculation based on primary data for the period

17 different criterions. It influences the production decision and inputs use decision of a farm for a particular crop. We have presented a brief description about the descriptive statistics related to the different farm-size of different crops in the previous section. Therefore, we want to test whether there is any significant difference in the mean of insurance participation between different crops for farms of different sizes and difference in the mean of insurance participation between different farm-size for different crops Farm-Size-Specific Mean Difference of Insurance Participation between Different Crops So far we have considered only the descriptive features of different farm-size on the basis of our collected primary data during 2006 to 2010 in the district of Hooghly, West Bengal. In this section let us examine whether there is any significant difference in the mean of insurance participation between different crops for farms of different sizes. We have carried out t test (Fisher s t test ) for testing the significance in the difference in the mean of insurance participation between different crops for farms of different sizes. Refer to the table Overall picture of mean difference of insurance participation between different crops shows that there exists significant difference in the insurance participation between Boro and Aman Paddy and also that between Potato and Aman Paddy for farms of different sizes. We note that the inter-crop differences in the insurance participation for farms of different size are seen to be statistically significant at one percent (1%) level. We also observe that the mean difference of insurance participation between Boro Paddy and Potato among the different farm-size is not statistically significant. This may be due to the fact that insurance participation for Boro Paddy is closely similar to that for Potato for farms of different sizes. Further since both Boro Paddy and Potato are very risky crops and involve high cost for their cultivation, it is expected that farms of different sizes will be inclined to be protected under the umbrella of the crop insurance scheme. In this situation the insurance participation is likely to be higher for both crops for all farms irrespective of the sizes. 199

18 Table Test of Mean Difference # of Insurance Participation between Different Crops Farm-Size Large Semi-Medium Medium Small Marginal Between Crops Mean difference of Insurance Participation Standard Error t-statistic Boro and Aman * Potato and Boro Potato and Aman * Boro and Aman * Potato and Boro Potato and Aman * Boro and Aman * Potato and Boro Potato and Aman * Boro and Aman * Potato and Boro Potato and Aman * Boro and Aman * Potato and Boro Potato and Aman * Source: Author s own computation based on primary data collected during the period * stands for significant at 1% level of significance; ** stands for significant at 5% level of significance; *** stands for significant at 10% level of significance #Mean differences have been tested on the basis of the test statistic x x t = SE. x 1 2 n1 n2 ( x ) 1 2 t Crop-Specific Mean Difference of Insurance Participation between Different Farms We are going to test the mean difference of insurance participation between different farm-size for all crops. Refer to table There is no significant difference in insurance participation between large and semi-medium farm for all the three crops. Because of the basic natures such as the economic condition as well as production pattern of large and semi-medium farm are more or less same. In the previous section of analysis about descriptive statistics on the cultivation of three crops, we don t observe that there is significant difference between yield rate and pattern of cost structure. Further, the mean difference of insurance participation by Large and Medium farms, Large and Small farms, and Large and Marginal farms for Aman Paddy, Boro Paddy and Potato are seen to be statistically significant at five percent level. The mean difference of insurance participation between semi-medium and medium farms is seen to be statistically significant at one percent level for Boro Paddy and Potato. 200

19 Table Test of Mean Difference # of Insurance Participation between Different Farms Between Farms Mean Difference for the Crop Aman Paddy Boro Paddy Potato Large and Semi-Medium Standard Error t-statistic Large and Medium Standard Error t-statistic 2.056** 2.996* 3.074* Large and Small Standard Error t-statistic 4.589* 5.067* 3.649* Large and Marginal Standard Error t-statistic 6.574* 7.881* 8.142* Semi-Medium and Medium Standard Error t-statistic * 3.628* Semi-Medium and Small Standard Error t-statistic 5.843* 8.329* 4.711* Semi-Medium and Marginal Standard Error t-statistic 4.556* 3.219* Medium and Small Standard Error t-statistic ** Medium and Marginal Standard Error t-statistic 2.074** 2.217** 1.982** Small and Marginal Standard Error t-statistic ** Source: Author s own computation based on primary data collected during the period * stands for significant at 1% level of significance; ** stands for significant at 5% level of significance; *** stands for significant at 10% level of significance x1 x2 #Mean differences have been tested on the basis of the test statistict = tn + n 2 SE. x x. ( )

20 Refer to table The mean difference of insurance participation by Medium and Marginal farms for Aman Paddy, Boro Paddy and Potato are seen to be statistically significant at five percent level. Further, in the case of Potato the significant difference is noticed between medium and small farms at five percent (5%) level of significance. On the other hand, there exists significant difference only for Potato at five (5%) percent level of significant between small and marginal farms Panel Regression Result of Aman Paddy The insurance participation is a key factor of the crop insurance. It affects the decision about cultivation related issues of a farmer. At the same time education level of a farmer is also an important factor and it stimulates the farms whether they would come under crop insurance system or not. The Aman Paddy is a rainy season crop and consequently its production cost and risk are at the least level. In that situation we want to analyze how the insurance participation and education level of a farmer affect the production and the production related different matters of a crop Impact of Insurance Participation on Area under Cultivation of Aman Paddy Refer to table Considering the case of restricted model where all coefficients are constant across times and individuals, we observe that the relation between insurance participation and total area under cultivation, and the relation between total area under cultivation and time are negative but significant. Since Aman paddy is cultivated in the rainy season by all farms total area under cultivation remains unchanged. The area of cultivable land for Aman Paddy remains constant over time in all farms of different sizes. The growth rate of the Aman land is lowest and equal to 3.34%. Let us consider the unrestricted model. If we put zero for different farm-size which means that all dummies such as DMD, DSMD, DSML and DMRG are equal to zero, the restricted model is equal to unrestricted model and the intercept term (6.830) will be dummy coefficient of large farms. 202

### Concept Note on Farm Income Insurance: Issues and Way Forward

Farm Income Insurance India, an agrarian economy with 1/3 rd population depending on the agriculture sector directly or indirectly has ~ 116 million farm holdings covering an area of 163 million hectares

### AGRICULTURAL PROBLEMS OF JAPAN

AGRICULTURAL PROBLEMS OF JAPAN Takeshi Kimura, Agricultural Counselor Embassy of Japan, Washington, D. C. I would like, first, to sketch the Japanese agricultural situation and, second, to review Japan's

### Impact Analysis of Commodity Futures on Spot Prices, and Risk Management in Essential Commodities

Impact Analysis of Commodity Futures on Spot Prices, and Risk Management in Essential Commodities Dr. Purushottam Sharma Study Period 2007-08 and 2008-09 In any agriculture-dominated economy, like India,

### 5 OPTIMAL PLAN FOR SMALL AND MARGINAL FARMS

5 OPTIMAL PLAN FOR SMALL AND MARGINAL FARMS A large body of farm management studies show that, given the present level of technology, available resources and the prices of inputs and outputs, it is possible

### D. Sarkar and R. C. Mondal

Study No.168 Impact of emerging marketing channels in agricultural marketing: Benefit to producer-seller and marketing costs and margins of agricultural commodities A study in West Bengal Executive Summary

### Formal Insurance, Informal Risk Sharing, and Risk-Taking. A. Mushfiq Mobarak Mark Rosenzweig Yale University

Formal Insurance, Informal Risk Sharing, and Risk-Taking A. Mushfiq Mobarak Mark Rosenzweig Yale University Background Formal insurance markets largely absent where they are needed 75% of the world s poor

### Dr. Pushpa Bhatt, Sumangala JK Department of Commerce, Bangalore University, India pushpa_bhatt12@rediffmail.com; sumangalajkashok@gmail.

Journal of Finance, Accounting and Management, 3(2), 1-14, July 2012 1 Impact of Earnings per share on Market Value of an equity share: An Empirical study in Indian Capital Market Dr. Pushpa Bhatt, Sumangala

### Impact Assessment of Irrigation Infrastructure Development on Poverty Alleviation A Case Study from Pakistan

Impact Assessment of Irrigation Infrastructure Development on Poverty Alleviation A Case Study from Pakistan Intizar Hussain Waqar Jehangir, Muhammad Mudasser, Aamir Nazir, and Mohammad Ashfaq International

### COMPARISON BETWEEN NATIONAL AGRICULTURAL INSURANCE SCHEME (NAIS), MODIFIED NAIS AND WBCIS PARAMETER NAIS MNAIS WBCIS

REVISED COMPARISON BETWEEN NATIONAL AGRICULTURAL INSURANCE SCHEME (NAIS), MODIFIED NAIS AND WBCIS S. No. PARAMETER NAIS MNAIS WBCIS 1 Insurance Unit Scheme provided for reduction of unit to Village Panchayat

### Impact of Crop Insurance and Indemnity Payments on Cash Rent and Land Values. Michael Langemeier Center for Commercial Agriculture Purdue University

Impact of Crop Insurance and Indemnity Payments on Cash Rent and Land Values Michael Langemeier Center for Commercial Agriculture Purdue University Background The magnitude of the impact of crop insurance

### 3.7 Implied Labor Hours

3.7 Implied Labor Hours USDA data for the period 1990 through 2011 is presented to describe the implied amount of labor that is used to produce an acre and unit of output (e.g., labor hours per bushel

### PEO Study No.84 HIGH-YIELDING VARIETIES PROGRAMME IN INDIA PART - I The Study

PEO Study No.84 HIGH-YIELDING VARIETIES PROGRAMME IN INDIA PART - I - 1971 1. The Study The High Yielding Varieties Programme (HYVP) was the latest of a series of Govt. sponsored programmes directed at

### LANGUAGE IN INDIA Strength for Today and Bright Hope for Tomorrow Volume 12 : 2 February 2012 ISSN 1930-2940

LANGUAGE IN INDIA Strength for Today and Bright Hope for Tomorrow Volume ISSN 1930-2940 Managing Editor: M. S. Thirumalai, Ph.D. Editors: B. Mallikarjun, Ph.D. Sam Mohanlal, Ph.D. B. A. Sharada, Ph.D.

### Farmers Adaptation to Climate Change in Chivi District of Zimbabwe By Evengelista Chomuyeke Mudzonga

Farmers Adaptation to Climate Change in Chivi District of Zimbabwe By Evengelista Chomuyeke Mudzonga INTRODUCTION Climate change is a pertinent issue affecting the livelihoods and food security in both

### Factors Impacting Dairy Profitability: An Analysis of Kansas Farm Management Association Dairy Enterprise Data

www.agmanager.info Factors Impacting Dairy Profitability: An Analysis of Kansas Farm Management Association Dairy Enterprise Data August 2011 (available at www.agmanager.info) Kevin Dhuyvetter, (785) 532-3527,

### CONTRIBUTORY FACTORS OF COST OF PRODUCTION IN TEA SMALLHOLDING SECTOR OF MATARA DISTRICT K G J P MAHINDAPALA

Tea Bull 21 (2), 25-32,2012 CONTRIBUTORY FACTORS OF COST OF PRODUCTION IN TEA SMALLHOLDING SECTOR OF MATARA DISTRICT K G J P MAHINDAPALA Southern Extension Centre, Tea Research Institute of Sri Lanka,

### A STUDY ON OWN FUND REVENUE GENERATION THROUGH COMMON PROPERTY RESOURCE MANAGEMENT IN MADANMOHANPUR GRAM PANCHAYAT, WEST BENGAL

A STUDY ON OWN FUND REVENUE GENERATION THROUGH COMMON PROPERTY RESOURCE MANAGEMENT IN MADANMOHANPUR GRAM PANCHAYAT, WEST BENGAL INTRODUCTION:- Self-Governing Institutions are an integral part of the Indian

### National Agricultural Insurance Scheme (NAIS) (Rashtriya Krishi Bima Yojana - RKBY)

National Agricultural Insurance Scheme (NAIS) (Rashtriya Krishi Bima Yojana - RKBY) Objectives The objectives of the NAIS are as under:- 1. To provide insurance coverage and financial support to the farmers

### Determining Future Success of College Students

Determining Future Success of College Students PAUL OEHRLEIN I. Introduction The years that students spend in college are perhaps the most influential years on the rest of their lives. College students

### A Primer on Forecasting Business Performance

A Primer on Forecasting Business Performance There are two common approaches to forecasting: qualitative and quantitative. Qualitative forecasting methods are important when historical data is not available.

### CHAPTER VI ON PRIORITY SECTOR LENDING

CHAPTER VI IMPACT OF PRIORITY SECTOR LENDING 6.1 PRINCIPAL FACTORS THAT HAVE DIRECT IMPACT ON PRIORITY SECTOR LENDING 6.2 ASSOCIATION BETWEEN THE PROFILE VARIABLES AND IMPACT OF PRIORITY SECTOR CREDIT

### Lesson 2. Cash Flow Budgets

A Project Funded by USDA BFRDP Grant #10506276 Development Partners Include: Lesson 2. Cash Flow Budgets Introduction Cash flow budgets provide detail about periods when cash outflows exceed cash inflows.

### Chapter 5. Market Equilibrium 5.1 EQUILIBRIUM, EXCESS DEMAND, EXCESS SUPPLY

Chapter 5 Price SS p f This chapter will be built on the foundation laid down in Chapters 2 and 4 where we studied the consumer and firm behaviour when they are price takers. In Chapter 2, we have seen

### CHAPTER 13 SIMPLE LINEAR REGRESSION. Opening Example. Simple Regression. Linear Regression

Opening Example CHAPTER 13 SIMPLE LINEAR REGREION SIMPLE LINEAR REGREION! Simple Regression! Linear Regression Simple Regression Definition A regression model is a mathematical equation that descries the

### 4. EVOLUTION OF CROP INSURANCE SCHEMES IN INDIA

4. EVOLUTION OF CROP INSURANCE SCHEMES IN INDIA 4.1 GENESIS OF CROP INSURANCE SCHEMES IN INDIA What a great achievement for Crop Insurance in India i.e. 250 farmers covered in first ever scheme in 1972

### Place Value. Key Skills. Complete the daily exercises to focus on improving this skill.

Day 1 1 Write Four Million, Four Hundred and Twelve Thousand, Eight Hundred and Seventy One in digits 2 Write 6330148 in words 3 Write 12630 in words 4 Write 71643 in words 5 Write 28009 in words 6 Write

### ALTERNATIVE MODEL FOR CROP INSURANCE A CASE OF ONION CROP (ALLIUM CEPA) Abstract

International Conference On Applied Economics ICOAE 2010 85 ALTERNATIVE MODEL FOR CROP INSURANCE A CASE OF ONION CROP (ALLIUM CEPA) SAIKUMAR C. BHARAMAPPANAVARA 1, MALLIKARJUN S. HASANABADI 2, DR. JAYASHREE

### Numbers Galore using. Print. font

Numbers Galore! Numbers Galore using Print font 0 zero Draw Tally 0 0 zero 1 one Draw Tally 1 1 1 1 1 one one 2 two Draw Tally 2 2 2 2 two two 3 three Draw Tally 3 3 3 3 three 4 four Draw Tally 4 4 4 4

### Enterprise Budget User Guide

Enterprise Budget User Guide An Accompanying Guide to the Southwest British Columbia Small-Scale Farm Enterprise Budgets Institute for Sustainable Food Systems Kwantlen Polytechnic University Technical

### The Demand for Nitrogen, Phosphorous and Potash Fertilizer Nutrients in the Western United States

The Demand for Nitrogen, Phosphorous and Potash Fertilizer Nutrients in the Western United States Hoy F. Carman An economic model of the demand for fertilizer is specified and equations for nitrogen, phosphorous

### Impact of Firm Specific Factors on the Stock Prices: A Case Study on Listed Manufacturing Companies in Colombo Stock Exchange.

Impact of Firm Specific Factors on the Stock Prices: A Case Study on Listed Manufacturing Companies in Colombo Stock Exchange. Abstract: Ms. Sujeewa Kodithuwakku Department of Business Finance, Faculty

### Agriculture & Business Management Notes...

Agriculture & Business Management Notes... Preparing and Analyzing a Cash Flow Statement Quick Notes... Cash Flow Statements summarize cash inflows and cash outflows over a period of time. Uses of a Cash

### Effect of working capital and financial decision making management on profitability of listed companies in Tehran s securities exchange

Effect of working capital and financial decision making management on profitability of listed companies in Tehran s securities exchange Masoomeh Shahnazi 2 (Shahnazi1393@gmail.com) Keyhan Azadi 1 (Ka.cpa2012yahoo.com)

### PRODUCTIVITY OF LIFE INSURANCE COMPANIES IN INDIA

CHAPTER V PRODUCTIVITY OF LIFE INSURANCE COMPANIES IN INDIA 5.1 INTRODUCTION An economic measured of output per unit of input. Inputs include labor and capital, while output is typically measured in revenues

### Working Capital Management and Firms Performance: An Analysis of Sri Lankan Manufacturing Companies

Working Capital Management and Firms Performance: An Analysis of Sri Lankan Manufacturing Companies Lingesiya Y. Department of Financial Management, University of Jaffna, Sri Lanka lingesiya@yahoo.com

### CURRENT ISSUES ON CROP INSURANCE IN CAUVERY DELDA REGION-AN OVERVIEW

CURRENT ISSUES ON CROP INSURANCE IN CAUVERY DELDA REGION-AN OVERVIEW Dr. FRANK RATHANA KUMAR Associate Professor and Research Advisor, Department of Cooperation, TBML College, Porayar -609 307, Tamilnadu

### Accuplacer Arithmetic Study Guide

Accuplacer Arithmetic Study Guide Section One: Terms Numerator: The number on top of a fraction which tells how many parts you have. Denominator: The number on the bottom of a fraction which tells how

### Section A. Index. Section A. Planning, Budgeting and Forecasting Section A.2 Forecasting techniques... 1. Page 1 of 11. EduPristine CMA - Part I

Index Section A. Planning, Budgeting and Forecasting Section A.2 Forecasting techniques... 1 EduPristine CMA - Part I Page 1 of 11 Section A. Planning, Budgeting and Forecasting Section A.2 Forecasting

### Index Insurance in India

Index Insurance in India Kolli N Rao, PhD Aon Benfield, India Indian Agriculture & Risks What s Index Insurance? Why Index Insurance? The Outline Architecture of Indian Crop Insurance Coverage: The Numbers

### Chapter 5 Estimating Demand Functions

Chapter 5 Estimating Demand Functions 1 Why do you need statistics and regression analysis? Ability to read market research papers Analyze your own data in a simple way Assist you in pricing and marketing

### Keynesian Economics I. The Keynesian System (I): The Role of Aggregate Demand

Keynesian Economics I The Keynesian System (I): The Role of Aggregate Demand Labor Market Excess supply and excess demand are not equally strong forces in the labor market. The supply of workers is such

### 0 100 200 300 Real income (Y)

Lecture 11-1 6.1 The open economy, the multiplier, and the IS curve Assume that the economy is either closed (no foreign trade) or open. Assume that the exchange rates are either fixed or flexible. Assume

### AGRICULTURE IN INDIA. A brief introduction

AGRICULTURE IN INDIA A brief introduction Some of the major types of farming are discussed below: 1. Subsistence and commercial farming: Majority of farmers in India practices subsistence farming. 2. Intensive

### Sustainability and Trends in Profitability of Indian Agriculture

Agricultural Economics Research Review Vol. 19 (Conference No.) 2006 pp 89-100 Sustainability and Trends in Profitability of Indian Agriculture M.S. Bhatia* Abstract The pattern of development and trends

### Micro Chapter 8 Study Guide Questions 13e

Micro Chapter 8 Study Guide Questions 13e Multiple Choice Identify the choice that best completes the statement or answers the question. 1. The law of diminishing returns indicates why a. beyond some point,

### Credit Lectures 26 and 27

Lectures 26 and 27 24 and 29 April 2014 Operation of the Market may not function smoothly 1. Costly/impossible to monitor exactly what s done with loan. Consumption? Production? Risky investment? Involuntary

### March, 2016. Zimbabwe National Statistics Agency Telephone: 263-4-706681/8 or 263-4-703971/7 P. O. Box C. Y. 342 Fax: 263 4 792494

March, 2016 Zimbabwe National Statistics Agency Telephone: 263-4-706681/8 or 263-4-703971/7 P. O. Box C. Y. 342 Fax: 263 4 792494 Causeway, Harare Email: info@zimstat.co.zw Zimbabwe Website: www.zimstat.co.zw

### RISK MANAGEMENT IN THE INVESTMENT PROCESS

I International Symposium Engineering Management And Competitiveness 2011 (EMC2011) June 24-25, 2011, Zrenjanin, Serbia RISK MANAGEMENT IN THE INVESTMENT PROCESS Bojana Vuković, MSc* Ekonomski fakultet

### Regression analysis in practice with GRETL

Regression analysis in practice with GRETL Prerequisites You will need the GNU econometrics software GRETL installed on your computer (http://gretl.sourceforge.net/), together with the sample files that

### Extensive Commercial Farming (arable)

Extensive Commercial Farming (arable) Aims Exam Questions Describe the main characteristics of the landscape. Describe and explain the main features of the farming system. Describe the changes and the

### A Study on Farmers Awareness, Perception and Willing To Join and Pay for Crop Insurance

International Journal of Business and Management Invention ISSN (Online): 2319 8028, ISSN (Print): 2319 801X Volume 2 Issue 1 ǁ January. 2013ǁ PP.48-54 A Study on Farmers Awareness, Perception and Willing

### Cross Hedging Grain Sorghum in Missouri. Hilary Veale, Undergraduate Research Assistant Joe Parcell, Extension Economist

Cross Hedging Grain Sorghum in Missouri Hilary Veale, Undergraduate Research Assistant Joe Parcell, Extension Economist Annually between 1994 and 1998 over 400,000 acres of grain sorghum have been harvested

### WATER MARKET IN THE TANK IRRIGATION SYSTEMS IN TAMIL NADU

105 WATER MARKET IN THE TANK IRRIGATION SYSTEMS IN TAMIL NADU Nanthakumaran. A 1 and Palanisami. K 2 1 Senior Lecturer, Dept. of Biological Sciences, Faculty of Applied Science, Vavuniya Campus, Vavuniya,

### Economic Analysis of Post-harvest Losses in Food Grains in India: A Case Study of Karnataka

Agricultural Economics Research Review Vol. 20 January-June 2007 pp 117-126 Economic Analysis of Post-harvest Losses in Food Grains in India: A Case Study of Karnataka H. Basavaraja*, S.B. Mahajanashetti

### Topic 7: Financial Performance

Topic 7: Financial Performance One of the most important tasks in transition planning is analyzing the financial performance of the farm operation. Too many farms move ahead making decisions regarding

### Chapter 6 Economic Growth

Chapter 6 Economic Growth 1 The Basics of Economic Growth 1) The best definition for economic growth is A) a sustained expansion of production possibilities measured as the increase in real GDP over a

### Weather Insurance to Protect Specialty Crops against Costs of Irrigation in Drought Years

Weather Insurance to Protect Specialty Crops against Costs of Irrigation in Drought Years By Edouard K. Mafoua Post-Doctoral Associate Food Policy Institute Rutgers, The State University of New Jersey

### CHAPTER I INTRODUCTION

CHAPTER I INTRODUCTION 1.1 Background With over one billion people in India, there is a need to increase food production to meet the demand of the burgeoning population. As rice is the staple food in most

### AN ANALYSIS OF WORKING CAPITAL MANAGEMENT EFFICIENCY IN TELECOMMUNICATION EQUIPMENT INDUSTRY

RIVIER ACADEMIC JOURNAL, VOLUME 3, NUMBER 2, FALL 2007 AN ANALYSIS OF WORKING CAPITAL MANAGEMENT EFFICIENCY IN TELECOMMUNICATION EQUIPMENT INDUSTRY Vedavinayagam Ganesan * Graduate Student, EMBA Program,

### Determinants of Non Performing Loans: Case of US Banking Sector

141 Determinants of Non Performing Loans: Case of US Banking Sector Irum Saba 1 Rehana Kouser 2 Muhammad Azeem 3 Non Performing Loan Rate is the most important issue for banks to survive. There are lots

### FINANCING OF AGRICULTURE BY COMMERCIAL BANKS PROBLEMS FACED BY FARMERS (An Empirical Study)

FINANCING OF AGRICULTURE BY COMMERCIAL BANKS PROBLEMS FACED BY FARMERS (An Empirical Study) Dr. Kewal Kumar 1 and Atul Gambhir 2 1 Principal, Institute of Management and Technology, Kashipur, Uttarakhand

### 3.3 Real Returns Above Variable Costs

3.3 Real Returns Above Variable Costs Several factors can impact the returns above variable costs for crop producers. Over a long period of time, sustained increases in the growth rate for purchased inputs

### NQF Level: 3 US No:

NQF Level: 3 US No: 116237 Assessment Guide Primary Agriculture Costing and viability of an agri-business Assessor:.......................................... Workplace / Company:.................................

### Challenges and future outlook of Rice Production in Myanmar

Challenges and future outlook of Rice Production in Myanmar Name Designation : Zaw Ye Tun : Corporate Executive Organization : Myanmar Rice Federation (MRF) Myanmar Agribusiness Public Corporation Ltd

### CHAPTER I INTRODUCTION AND DESIGN OF THE STUDY

CHAPTER I INTRODUCTION AND DESIGN OF THE STUDY INTRODUCTION Working capital is the cash available for day to day functions of a business. It is the cash that can be used to foot expected and unplanned

### Chapter 12. Aggregate Expenditure and Output in the Short Run

Chapter 12. Aggregate Expenditure and Output in the Short Run Instructor: JINKOOK LEE Department of Economics / Texas A&M University ECON 203 502 Principles of Macroeconomics Aggregate Expenditure (AE)

### AP Microeconomics Chapter 3 Outline

I. Learning Objectives In this chapter students should learn: A. What demand is and how it can change. B. What supply is and how it can change. C. How supply and demand interact to determine market equilibrium.

### Mortgage Loan Approvals and Government Intervention Policy

Mortgage Loan Approvals and Government Intervention Policy Dr. William Chow 18 March, 214 Executive Summary This paper introduces an empirical framework to explore the impact of the government s various

### The Life-Cycle Motive and Money Demand: Further Evidence. Abstract

The Life-Cycle Motive and Money Demand: Further Evidence Jan Tin Commerce Department Abstract This study takes a closer look at the relationship between money demand and the life-cycle motive using panel

### Appendix A. A Nonstochastic Comparison of Price- and Revenue-Based Support

Appendix A. A Nonstochastic Comparison of Price- and Revenue-ased Support efore planting, the producer can only guess at harvested yields and harvesttime prices due to their stochastic nature (that is,

### Controlling Inflation: Applying Rational Expectations to Latin America Matthew Hughart, Mary Washington College

Controlling Inflation: Applying Rational Expectations to Latin America Matthew Hughart, Mary Washington College This paper examines the relationship between inflation and unemployment in three Latin American

### WORKING CAPITAL MANAGEMENT

CHAPTER 9 WORKING CAPITAL MANAGEMENT Working capital is the long term fund required to run the day to day operations of the business. The company starts with cash. It buys raw materials, employs staff

### Answers to Text Questions and Problems in Chapter 8

Answers to Text Questions and Problems in Chapter 8 Answers to Review Questions 1. The key assumption is that, in the short run, firms meet demand at pre-set prices. The fact that firms produce to meet

### Financial Impacts from Farmland Value Declines by Various Farm Ownership Levels (AEC 2013-05)

Financial Impacts from Value Declines by Various Farm Ownership Levels (AEC 2013-05) By Cory Walters and John Barnhart 1 Long-term farm financial strength stemming from investment decisions is a primary

### Corporate stewardship Partnering to Improve Agricultural practices. Mumbai Randhir Chauhan

Corporate stewardship Partnering to Improve Agricultural practices Mumbai Randhir Chauhan Flow of Presentation Agriculture in India Overview Present Challenges Why Sustainability? The Way Out Ensuring

### 118 One hundred Eighteen

1 2 3 4 5 6 7 8 9 10 ten 11 Eleven 12 Twelve 13 Thirteen 14 Fourteen 15 Fifteen 16 Sixteen 17 Seventeen 18 Eighteen 19 Nineteen 20 Twenty 21 Twenty 22 Twenty 23 Twenty 24 Twenty 25 Twenty 26 Twenty 27

### Factors Influencing Price/Earnings Multiple

Learning Objectives Foundation of Research Forecasting Methods Factors Influencing Price/Earnings Multiple Passive & Active Asset Management Investment in Foreign Markets Introduction In the investment

### 2. Linear regression with multiple regressors

2. Linear regression with multiple regressors Aim of this section: Introduction of the multiple regression model OLS estimation in multiple regression Measures-of-fit in multiple regression Assumptions

### Do R&D or Capital Expenditures Impact Wage Inequality? Evidence from the IT Industry in Taiwan ROC

Lai, Journal of International and Global Economic Studies, 6(1), June 2013, 48-53 48 Do R&D or Capital Expenditures Impact Wage Inequality? Evidence from the IT Industry in Taiwan ROC Yu-Cheng Lai * Shih

### U. Vellaiappan 1 * Sr. Project Executive DHAN Foundation Madurai -625 016,Tamilnadu, INDIA Email: dhantank@dhan.org ABSTRACT

FARMPOND WITH DRIP IRRIGATION AND OTHER CONVERGENCE SCHEMES SUPPORTS RAINFED AGRICULTURE AS VIABLE FARMING - AN EXPERIENCE OF ORIVAYAL WATERSHED IN RAMANATHAPURAM DISTRICT OF TAMINNADU IN INDIA U. Vellaiappan

### Long-term Agricultural Growth in India, Pakistan, and Bangladesh from 1901/02 to 2001/02

Long-term Agricultural Growth in India, Pakistan, and Bangladesh from 1901/02 to 2001/02 PIDE Seminar, Nov 28, 2011 Takashi Kurosaki (Hitotsubashi University) kurosaki@ier.hit-u.acc.jp 1 Background of

### Chapter 7 Impact of Working Capital Management on Firm Performance-Sector-wise Analysis

Chapter 7 Impact of Working Capital Management on Firm Performance-Sector-wise Analysis 107 The importance of efficient working capital management is indisputable. Efficiency in managing working capital

### International Statistical Institute, 56th Session, 2007: Phil Everson

Teaching Regression using American Football Scores Everson, Phil Swarthmore College Department of Mathematics and Statistics 5 College Avenue Swarthmore, PA198, USA E-mail: peverso1@swarthmore.edu 1. Introduction

### Presentation Outline. Enterprise Budget Mixed-Vegetable Farm. Types of Farm Budgets. ISFS s Enterprise Budgets. Enterprise Budget: Definition Item

Enterprise Budget Mixed-Vegetable Farm Ermias Afeworki Institute For Sustainable Food Systems (ISFS) Presentation Outline Introduce ISFS enterprise budgets Types of farm budgets Enterprise budget Definition

### Four hundred and sixty eight 468. Six hundred and eighty one. Two hundred and sixty three 263. Four hundred and seventy five 475

Four hundred and sixty eight 468 Four hundred Six hundred and eighty one 681 One Two hundred and sixty three 263 Sixty Four hundred and seventy five 475 Seventy Three hundred and seventy two 372 Three

### The Potential Use of Remote Sensing to Produce Field Crop Statistics at Statistics Canada

Proceedings of Statistics Canada Symposium 2014 Beyond traditional survey taking: adapting to a changing world The Potential Use of Remote Sensing to Produce Field Crop Statistics at Statistics Canada

### Agriculture. Agriculture

Economic Activities Agriculture The transformation of a plant into a finished product involves three types of economic activities. Primary Activities: - The activities connected with the extraction/production

Solar Irrigation in Bangladesh Country Context Bangladesh is the one of the most densely populated countries in the world Land Area (~144,000 sq km) slightly smaller than the State of Iowa Population (156

### Agriculture Insurance Company of India Limited (AIC)

Q1: What is Insurance? WEATHER BASED CROP INSURANCE SCHEME FREQUENTLY ASKED QUESTIONS (FAQS) Insurance is a tool to protect you against a small probability of a large unexpected loss. It is a technique

### Paper No 19. FINALTERM EXAMINATION Fall 2009 MTH302- Business Mathematics & Statistics (Session - 2) Ref No: Time: 120 min Marks: 80

Paper No 19 FINALTERM EXAMINATION Fall 2009 MTH302- Business Mathematics & Statistics (Session - 2) Ref No: Time: 120 min Marks: 80 Question No: 1 ( Marks: 1 ) - Please choose one Scatterplots are used

### Schools Value-added Information System Technical Manual

Schools Value-added Information System Technical Manual Quality Assurance & School-based Support Division Education Bureau 2015 Contents Unit 1 Overview... 1 Unit 2 The Concept of VA... 2 Unit 3 Control

### Deficit Rainfall Insurance Payouts in Most Vulnerable Agro Climatic Zones of Tamil Nadu, India

Deficit Rainfall Insurance Payouts in Most Vulnerable Agro Climatic Zones of Tamil Nadu, India S.Senthilnathan, K.Palanisami, C.R.Ranganathan and Chieko Umetsu 2 Tamil Nadu Agricultural University, Coimbatore,

### Micro Crop Insurance and Protecting the Poor Lessons From the Field

Micro Crop Insurance and Protecting the Poor Lessons From the Field Aaron Oxley CTO, Micro Insurance Agency aaron.oxley@microinsuranceagency.com The Program Who are we an what do we do? Who are the poor?

### Agricultural Machinery Custom Hiring Centres (CHC) Model Scheme

Agricultural Machinery Custom Hiring Centres (CHC) Model Scheme 1. Indian agriculture is undergoing a gradual shift from dependence on human power and animal power to mechanical power because increasing

### Resource(s) use efficiencies and optimization techniques

Resource(s) use efficiencies and optimization techniques L E C T U R E 8 S S R A N A S R S C I E N T I S T Resources 2 land, water, nutrients, energy labour and capital Efficiency Efficiency in any system

### Figure 4-1 Price Quantity Quantity Per Pair Demanded Supplied \$ 2 18 3 \$ 4 14 4 \$ 6 10 5 \$ 8 6 6 \$10 2 8

Econ 101 Summer 2005 In-class Assignment 2 & HW3 MULTIPLE CHOICE 1. A government-imposed price ceiling set below the market's equilibrium price for a good will produce an excess supply of the good. a.

### Module 5: Statistical Analysis

Module 5: Statistical Analysis To answer more complex questions using your data, or in statistical terms, to test your hypothesis, you need to use more advanced statistical tests. This module reviews the

### The Initial Impact of Casino Gaming on Bankruptcy Filings in Louisiana

The Initial Impact of Casino Gaming on Bankruptcy Filings in Louisiana Dr. Barbara J. Davis Dr. Helen B. Sikes Centenary College Abstract Louisiana voters overwhelmingly approved riverboat casino gaming