IDEAS home Printed from https://ideas.repec.org/a/icf/icfjag/v05y2008i2p48-63.html
   My bibliography  Save this article

Marketed Surplus Magnitude of a Backward Regional Economy: A Cross-Sectional Study

Author

Listed:
  • Nazim Uddin Khadem

Abstract

The current performance of Indian economy is appreciated in terms of the contribution made by secondary and tertiary sectors to the country’s GDP. As a matter of fact, we also cannot deny that India still occupies a back seat in solving issues of rural poverty, regional imbalance, concentration of economic power and other such factors, which act as stumbling blocks in the way of sustainable development. Perhaps, our country fails to recognize that equal treatment needs to be given to agriculture along with other sectors. Agriculture can boost economic development by generating sufficient rate of marketed surplus, which plays a crucial part in improving rural capital on the one hand, and on the other help in eradicating rural poverty and regional imbalance. In this context, the paper focuses on the important factors determining the marketed surplus of rice. The study reveals that it is not the farm consumption and retention, rather the output level of rice, prices and market awareness of the farmer-sellers, which play significant part in determining marketed surplus. The proportion of output being marketed is not even commensurate with the local demand for rice. In order to increase the rate of marketed surplus, the study stresses on effective public investment in the dead part of input services in agriculture, mostly in cases of irrigation and extension services, restructuring of local market system and target beneficial system of farmers’ credit. Utmost attention should be given to promote market awareness of the farmer-sellers and to make market information easily and widely accessible to them. Above all, the study calls for due cooperation from the farmers to satisfy the objectives of such public investment.

Suggested Citation

  • Nazim Uddin Khadem, 2008. "Marketed Surplus Magnitude of a Backward Regional Economy: A Cross-Sectional Study," The IUP Journal of Agricultural Economics, IUP Publications, vol. 0(2), pages 48-63, April.
  • Handle: RePEc:icf:icfjag:v:05:y:2008:i:2:p:48-63
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:icf:icfjag:v:05:y:2008:i:2:p:48-63. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (G R K Murty). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.