Articles by V N Reddy

V N Reddy This paper examines global demand for and the supply of tea by estimating semi-log trends separately using data of the recent past, 1974 to 1988, on the area under cultivation of tea, production, exports and the retention of tea for domestic consumption. From the semi-tog trend fits, the supply of tea and demand for tea have been estimated for specified future years 1993, 1996 and 2001. The findings indicate that global demand for tea exceeds global supply of tea and this gap will increase over time, and as a result of which tea prices will rise. Country-wise phenomena reveal that some of the countries like Kenya, Sri Lanka and China are exporting tea at uneconomical prices possibly to meet their foreign exchange requirements. At the global level, there appears to be no relation between the annual tea export volume and its annual export price per kg. Added to this, there is sluggish growth in the area under cultivation of tea. Hence, global supply of tea may have to be increased by increasing the productivity of tea in order to meet both the domestic and export demands.

Guntur District V N Reddy In recent debates on the changes in Indian agriculture, commercial farming occupies an important place. Guntur district of Andhra Pradesh is regarded as one of the leading areas in regard to commercialisation of agriculture. The district is well known for tobacco and chillies. After the advent of the Nagarjuna Sagar waters in 1968-69, it has gained a distinct place in the country's cotton map on account of its significant contribution to the production of import-substituting superior long and extra-long staple cottons like MCU-5, Varalaxmi and Suvin. The cultivation of these varieties of cotton requires substantial monetary outlays as welt as careful application of techniques like crop rotation, preparatory tillage, etc, for better yields. During the period 1970-71 to 1979-80, there has been a four-fold increase in the average value per hectare from the cotton crop in Guntur district.