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

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Too General Issues H B Shivamaggl Water Management Donald A Williams Mechanisation and Rural Employment Martin H Billings Arjan Singh Tenancy in Dynamic Setting V S Vyas Rajasthan's Land Policies N S Jodha Capitalist Farmer Ashok Rudra Review of Agriculture is published four times a year, on the last Saturday of March, June, September and December.

Mechanisation and Rural Employment-With Some Implications for Rural Income Distribution

With Some Implications for Rural Income Distribution Martin H Billings Arjan Singh This paper attempts to infer the influence of technological changes in farm production methods on employment and income distribution among cultivators and agricultural labourers from a physical projection model. Although a less-than-perfect vehicle for such analysis, the model can provide insight into the pattern of labour displacement, its possible rate and the composition of displaced farm workers.

FROM THE CHAIR-Indo-Burma Petroleum Records Highest Sales

of Agricultural Economics, January- March 1963. 5 Following the step method, we note that the HYV alone will bring about a 13 per cent increase in demand for human labour above what it otherwise would have been using the conventional technology, the successive changes reduce this new level by 32 per cent. Pumps reduce the level by 9 per cent; threshers 7 per cent; cane crushers and corn shellers by 3 per cent; tractors 10 per cent and reapers by 3 per cent.

In Search of the Capitalist Farmer

Ashok Rudra The first two instalments of this report on a sample survey of large farms in Punjab appeared in the Reviews of Agriculture of September 27 and December 27, 1969. Certain average characteristics of large scale farming in Punjab were presented in these two articles. However, the purpose of the survey was to study not just large-scaleif such a category could be scientifically defined and identified empirically. pick out farmers having certain characteristics and to study the possible them. [The statistical work involved inFarm Management Centre of Visva IN our preceding two reports on the survey (carried out by the Agro-Economic Research Centre of the University of Delhi) among the large farmers of Punjab, defined as farmers cultivating more than 20 acres of land, we presented certain average characteristics of large-scale farming. However, as we mentioned in the first of the two above-mentioned articles, we had set out to study not just large-scale farming but capitalist fanning, if such a category could be defined scientifically and identified empirically. The reason why we took a sample of large farms rather than capitalist farms is that to draw a sample we have to have a definition of the population and we did not have at our disposal any operational definition of a capitalist farmer with the help of which we could identify capitalist farmers and draw up a list of such fanners in each village drawn in the first stage sampling. The reason why we have drawn a sample of large farmers as a surrogate for capitalist farmers is that we have assumed the intersection of the set of capitalist farms and the set of large farms to contain most of the elements of the set of capitalist farms. Which, of course, does not mean that most large-scale farms are capitalist farms; though it docs mean that most capitalist farms are (assumed to be, in Punjab) large.

Tenancy in a Dynamic Setting

V S Vyas The tenant is taken, by researchers as well as by policy-makers, to be a small ill-equipped farmer, rack-rented and otherwise exploited by the landowner. There is much validity in this description of landowner-tenant relations in a stagnant, traditional agrarian system. But once this situation changes and some dynamism is injected into the agricultural sector, this description and the policy prescription implicit in it

Land Policies of Rajasthan-Some Neglected Aspects

Some Neglected Aspects N S Jodha Land policies have to aim at (i) better utilisation, conservation, and development needs of the land, on the one hand, and (ii) land tenure and allied problems, on the other.

Management Education Social Costs and Returns

Samuel Paul This paper seeks to apply cost-benefit analysis to evaluating institutions set up for imparting management education. The major conclusions of the paper are twofold:

Bank Portfolio Management-A Linear Programming Approach

A Linear Programming Approach C Rangarajan J K Satia A linear programming model is presented here for determining the optimal portfolio of banks.

The Dynamic Concept of Marketing

M Mohan The marketing function has so far been viewed in a rather narrow sense. The emphasis is placed largely on production. This applies both at the Government level as manifested in the approach to planning and also at the implementation end of business and industry. The effort is oriented towards securing resources for production. The capacity of the market for the product In terms of its acceptance, specifications, variety and even price is taken for granted.

Scientific Bank Management-A Consultant s View

A Consultant's View Henry A J Ralph Banks in developing countries are often highly profitable, and may earn a higher rate of return on invested capital than their counterparts in the developed countries. But this profitable situation is the consequence of higher interest rates on loans, multiple fees incidental to granting of loans, low wages, and higher commissions for services.

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