ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Impact of Green Revolution on Landless Labour-A Note

November 20, 1971 In terms of elasticities (mean), the quantity of current deposits increases by 0.75 per cent and 0.28 per cent as a consequence of a 1 per cent increase in national income and the number of scheduled commercial banking offices, respectively, and decreases by 0,27 per cent as a result of a 1 per cent increase in interest rate on 3-months' time deposits. The quantity of savings deposits increases by 1.63 per cent and 0.30 per cent as a result of a 1 per cent increase in national income and interest rate on savings deposits, respectively, and decreases by 0-15 per cent as a result of a 1 per cent in- crease in the interest rate on 3-months' time deposits. The quantity of fixed deposits increases by 1.59 per cent, 0 25 per cent, 0.86 per cent, and 0.10 per cent, as a consequence of a 1 per cent increase in national income, interest rate on 3-months' time deposits, maximum permissible interest rate on 3-months' time deposits, and the num- THE dictionary definition of the word "revolution" is abrupt and fundamental change. The phenomenon called Green Revolution has both these characteristics. For example, in less than a decade peasants in many parts of India have been transformed into farmers. They no longer carry on agriculture for subsistence with tools dating back three thousand years or more. Their aim now is her of scheduled commercial banking offices, respectively, and decreases by 0.82 per cent as a result of a 1 per cent increase in the yield on variable dividend industrial securities.

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