ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

N V NamboodiriSubscribe to N V Namboodiri

Food Subsidy

This paper counters negative advocacy about the food subsidy, the public distribution system, and farm price supports. It argues that the public food supply chain for market intervention has a favourable impact on the cost-benefit ratio, poverty reduction, calorie consumption by the poor and productivity-led agricultural growth. The paper proposes reforms for the six pillars of the public food supply chain. These include: an alternative poverty line concept that is linked to the minimum "norms" for calorie intake enabling a reduction of the exclusion and inclusion errors, procurement just for the PDS and buffer stocks to be purchased at a farm price that is fully cost-based, fair price shops with fixed and adequate time of operations, "indent" of the demand, doorstep delivery, and so on.

Policy Strategy and Instruments for Alleviating Rural Poverty

N V Namboodiri The emphasis in government policy on target-group specific and social sector related government expenditure for poverty alleviation programmes and neglet of government expenditure for agricultural growth together with an ad hoc policy approach to farm input subsidies and interest rates for rural credit in addition to the misdirected policy of relying on relative farm prices as an engine of agricultural growth are disconcerting developments as agricultural growth and poverty alleviation are perfectly compatible objectives. Against this background this paper analyses the prerequisites of alleviation of absolute rural poverty with a view to identifying a strategy and policy priorities for poverty alleviation.

Determinants of Total Factor Productivity in Indian Agriculture

Past literature shows that technical change in agriculture is determined by non-price factors like government expenditure on R and D and infrastructure. But more recent literature also considers relative farm prices that would provide incentives for technical change. This has been reinforced by the present policy in the wake of reforms that reduce protection to trade and industry for advocating its prime role for technical change. This paper therefore develops a more comprehensive framework of price and non-price factors for studying this change. Among the non-price factors it separately considers government investment in R and D, inputs, credit, rural literacy, and marketing and banking infrastructure density in addition to land reforms.

Developing Agriculture in Gujarat-A Strategic Perspective for Ninth Plan

A Strategic Perspective for Ninth Plan Bhupat M Desai N V Namboodiri This paper develops a strategic perspective on agricultural development in the Ninth Plan by analysing the sector's contributions to the state's economy, its features, and its shortas well as long-run growth performance. The paper also suggests the kind of restructuring required in the new economic environment.

Whither Rural Financial Institutions

Bhupat M Desai N V Namboodiri Doubts have been raised regarding the financial viability and developmental objectives of rural financial institutions (RFls) and there have been proposals to restructure these institutions to address these concerns. This article argues against this approach as it is based on inappropriate understanding and evaluation of the viability of the RFls. Instead, the article, on the basis on recent researches and studies, makes recommendations to improve the present network of RFls.

Performance of Institutional Finance for Agricultural Development

Agricultural Development Bhupat M Desai N V Namboodiri This article analyses the performance of rural institutional finance system and draws implication for improving his performance. It is seen that while the long run performance of the rural institutional finance system has been good short run growth rates display a desperate performance. Moreover, this system has performed better in deposit mobilisation than in financing agricultural output and investment Its performance on the functional structure of loans and loan recovery leaves much to be desired. Despite this, the RFIs are viable and have not suffered from scale diseconomies in their transaction costs. Similarly, agricultural productivity and investment have increased with the increase in various functions of the rural institutional finance system.

Development of Food-Processing Industries

Bhupat M Desai N V Namboodiri This paper has analysed development and financial performance, with special reference to working capital management, of selected food-processing industries, foodgrains milling, edible oilseeds processing, sugarcane processing and milk processing all of which produce mass consumption goods. It prioritises these industries for develop- ment based on the performance criteria and discusses strategies.
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