Trends and Determinants of Savings and Investment in Indian Agriculture

by Poonam Singh

ISBN: 9789351308508
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Imprint : Scholars World
Year : 2021
Price : Rs. 9995.00
Biblio : xvi+272 p., tabls., 25 cm

Author Profile

Dr. Poonam Singh (b.1969) is an Assistant Professor (senior grade) in the Department of Economics of Sahu Ramswaroop Girls PG College, affiliated with MJP Rohilkhand University, Bareilly, 243001,Uttar Pradesh since last fifteen years. She has Master degree in Economics with gold medal and qualified NET by UGC. She has doctoral degree with ICSSR Doctoral Fellowship from Giri Institute of Development Studies, Lucknow. She is a researcher and reviewer having thorough insight in to the rural problems. She participated in a number of national and international seminar and conferences. She is the winner of Chief Minister Gold Medal for best ANO-NCC-SW in the Uttar Pradesh. She is also the Vice President of Khushhali Foundation-A NGO working in the area of rural development.

About The Book

The regional picture of investment in agriculture in the state of Uttar Pradesh, the study looks to make a contribution to the policy for development of the backward regions. The study will throw light on the trends of investment in Indian agriculture at macro level and the determinants of agricultural investment and saving at the micro levels. The study is thus expected to make a significant contribution for both improving theoretical understanding and policy formulation in an important area of the economy at the national and the state level. The study is based on field survey of 256 cultivating households drawn from eight villages of Eastern and Western Uttar Pradesh. Income, consumption , saving behavior and investment pattern of sample households were discuss in the different chapters of the book. The study analysed the major determinants of rural saving using cross section village level multiple regression analysis. A few variables were selected as independent variables and grouped into two categories-(a) economic variables (b) non economic variables. The study concluded that Public investment in agriculture in real terms in India shows an absolute decline in the eighties, which continued into the nineties. Availability of institutional finance, Sizes of the farm-holding, Technological development in terms of mechanization, non-farm income of the sample households, commercialization of agriculture and educational level of heads had positive and significant impact on the saving of households.

Table of Contents

Preface v List of Tables ix List of Charts xv 1. Introduction 1 1.1.0 Major Issues in Investment in Agriculture 1 1.2.0 Concept of Capital 3 1.3.0 Scope, Objectives and Hypotheses 4 1.4.0 The Study Area 5 1.5.0 Study Design and Methodology 6 1.6.0 Chapter Structure 19 1.7.0 Importance of the Study 20 2. Review of Literature 21 2.1.0 Trends in Agricultural Investment 22 2.2.0 Please mark heading 2.3.0 Determinants of Private Investment 26 2.4.0 Outflow of Agricultural Surplus to Non–Agriculture Sector 31 2.5.0 Inter Regional Variation in Agricultural development in 33 Uttar Pradesh 2. 6.0 Summing Up 35 3. Trends in Investment in Indian Agriculture 37 3.1.0 Trends in Total Investment in Agriculture: All India 39 3.2.0 Capital Formation “In” and “For” Agriculture 69 3.3.0 Growth Rate of Public and Private Investment in 80 Agriculture: Statistical Analysis 3.4.0 Conclusion 81 4. Socio-Economic Characteristics of Sample 83 Households 4.1.0-Social Characteristics 83 4. 2.0 Economic Characteristics 91 4.3.0 Agro -Economic Characteristics 108 4.4.0 Conclusion 118 5. Income, Consumption and Saving of Sample 120 Households 5.1.0 Input Structure and Costs on Sample Farms 120 5.2.0. Income of Sample Households 131 5.3.0 Family Expenditure 151 5.4.0 Saving of Sample Households 161 5.5.0 Conclusion 162 6. Saving Behavior and Investment Pattern of the 164 Sample Households 6. 1.0 Forms of Saving 165 6. 2.0 Capital Expenditure of Sample Households 168 6 .3.0 Loan Out Standing 190 6. 4.0 Outflow of Agricultural Saving to Non-Agricultural Sector 199 6.5.0 Conclusion 208 7. Determinants of Saving and Investment at the 211 Farm Level 7. 1.0 Farm Households’ Saving Behaviour 212 7. 2.0 Determinants of Saving 216 7. 3.0 Determinants of Private Farm Investment 227 7. 4.0 Conclusion 239 8. Summary of Findings and Conclusion 242 References 260