Maharashtra, one of India’s most agriculturally significant states, has witnessed a high incidence of farmer suicides. These suicides are the result of multiple, interrelated factors, […]
CROP INSURANCE – MEANING AND CONCEPTS
Meaning of Crop Insurance Crop insurance is a risk management tool designed to protect farmers against the financial losses caused by adverse events such as […]
ROLE OF NABARD IN AGRICULTURAL FINANCE
The National Bank for Agriculture and Rural Development (NABARD) is the apex development bank in India, established in 1982 to promote sustainable and equitable agriculture […]
SOURCES OF AGRICULTURAL CREDIT IN INDIA – INSTITUTIONAL AND NON-INSTITUTIONAL SOURCES
Agricultural credit in India is sourced from a combination of institutional and non-institutional channels. These sources cater to the diverse financial needs of farmers, ranging […]
TRENDS IN AGRICULTURAL PRICES
Introduction Agricultural prices are a reflection of the dynamics of demand and supply, production levels, market infrastructure, and government policies. Over the years, agricultural prices […]
AGRICULTURAL PRICES
Agricultural pricing is a critical aspect of the agrarian economy, directly influencing the income of farmers, market stability, and food security. Understanding the dynamics of […]
WAREHOUSING IN INDIA
WAREHOUSING IN INDIA Warehousing plays a crucial role in the agricultural supply chain by ensuring the safe storage of produce, reducing post-harvest losses, and facilitating […]
CO-OPERATIVE MARKETING
Introduction Co-operative marketing is a system where farmers come together to form cooperative societies for the collective marketing of their agricultural produce. This approach aims […]
REGULATED MARKETS
Introduction Regulated markets, also known as Agricultural Produce Market Committees (APMCs) in India, are organized marketplaces established by the government to regulate the sale and […]
DEFECTS OF AGRICULTURAL MARKETING AND ITS MEASURES
Agricultural marketing in India faces numerous challenges that prevent farmers from realizing fair prices for their produce and ensuring a seamless flow of goods from […]
AGRICULTURAL MARKETING
Introduction to Agricultural Marketing Agricultural marketing refers to all the activities, services, and processes involved in moving agricultural produce from the farm to the consumer. […]
Introduction to Agricultural Finance
Agricultural finance refers to the study and application of financial principles and practices in the agricultural sector. It involves the mobilization, allocation, and utilization of […]
JOSEPH SCHUMPETER’S THEORY OF BUSINESS CYCLES: INNOVATION THEORY
Joseph Schumpeter, THEORY OF BUSINESS CYCLES an influential economist, introduced the Innovation Theory of Business Cycles, which emphasizes the role of innovation and entrepreneurship in […]
MEASURES TO CONTROL BUSINESS CYCLES
Business cycles, characterized by periods of economic expansion and contraction, can lead to challenges such as inflation during booms and unemployment during recessions. To mitigate […]
BUSINESS CYCLE
The business cycle refers to the recurring pattern of expansion and contraction in economic activity within an economy over time. It represents the fluctuations in […]
THE THEORY OF DISTRIBUTION
There are two main interpretations of “the theory of distribution”: 1. Distribution theory in economics: This theory deals with how income and wealth are distributed […]
MARKET STRUCTURES
Perfect competition: A large number of buyers and sellers, each with a small market share. Homogeneous products (no differentiation). Easy entry and exit. Perfect information […]
Expansion Path
In economics, an expansion path, also known as the long-run cost minimization path, shows the optimal combinations of two inputs a firm chooses as it […]
PRODUCTION FUNCTION
The term “production” can have different meanings depending on the context. However, in general, it refers to the process of creating goods or services. There […]
Types of Cost – Total Cost, Average Cost and Marginal Cost
Types of Costs: Fixed Costs (FC): These are costs that remain the same regardless of the level of output. Examples include rent, salaries, insurance, and […]
COST AND REVENUE ANALYSIS
Cost Analysis Cost analysis is the process of examining the different costs associated with a business or product. It can be used to identify areas […]
AGRICULTURAL PRODUCE MARKET COMMITTEE (APMC)
The Agricultural Produce Market Committee (APMC) is a statutory body established by state governments in India to regulate the buying and selling of agricultural produce. […]