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The IUP Journal of Agricultural Economics
Focus

In this issue, the first two papers bring out the importance of quality in the context of producing cotton and mulberry silk cocoon, respectively. The next three papers are on measurement of cost efficiency in rice production between two states, regional variation in agricultural development at state level and performance, and determinants of agricultural growth at macro level of Indian economy are also focused. Lastly it incorporates the paper on the participation of female labor in the agricultural sector of Swaziland.

Mohit Gupta and Navdeep Aggarwal in the paper, "Practices and Perceptions of Cotton Ginners of Punjab Towards Cotton Contamination: A Study", elucidate that cotton contamination is a serious problem which needs to be tackled to remain competitive in the world textile market. Even a single fiber can lead to the downgrading of yarn, fabric and garment to second quality or to total rejection of the entire batch. Against this background, this paper attempts to find out the perceptions and practices of 30 cotton ginners towards cotton contamination in two important cotton growing areas of Punjab. The results conclude that some of the contaminants are not found as important threat to cotton quality. However, organic matter is found as the significant contaminant. This study suggests that the cotton ginning factories have to adopt more specialized practices to avoid contamination at ginning and pressing stages.

Kumaresan P, Geetha Devi R G and Kamble C K in their paper, "Determinants of Mulberry Silk Cocoon Quality", articulate that India is the largest producer of mulberry silk. Despite serious attempts since 1981, the production of quality bivotine silk has not increased significantly. However, the quality of the silk is influenced by the races of silkworm, rearing management and the process used for the reeling, etc. Central Silk Technological Research Institute, Bangalore, has made a study in major silk producing states such as Karnataka, Andhra Pradesh and Tamil Nadu in South India to examine the quality of cocoon produced by the farmers. The findings of this study conclude that though many parameters are involved in determining the cocoon and quality of raw silk, defective cocoon, renditta and raw silk recovery had shown high degree of association with raw silk grade. Thus the authors conclude that there is a need to educate the farmers to improve the quality of silk produced in these three states.

Chandralekha Ghosh and Ajitava Raychaudhuri in the paper, "Measurement of Cost Efficiency in the Case of Rice Production in West Bengal and Andhra Pradesh", says that both are the two large rice producing states of India. It is evident that institutional reforms in West Bengal and technological reforms in Andhra Pradesh have caused remarkable changes in agricultural sector. Against this background, this study examines the cost and technical efficiencies of rice production in these two states during the period from 1971 to 2005.
It concludes that though these states followed different paths of agricultural development, they have shown similar technical efficiencies which are below the optimum level. Finally this study concludes that this issue should be considered a matter of serious concern in policy making.

Umakanta Tripathy in the paper, "Impact of Regional Variation in Agricultural Development: A District-Wise Analysis in Orissa", focuses on interdistrict variation in agricultural development among the 13 undivided districts of Orissa. First this study examines the disparities among various indicators of economic development such as Per Capita Income (PCI) from agriculture, net irrigated area as percentage of net area sown, productivity per hectare, cropping intensity, distribution of fertilizer per 1,000 ha of gross cropped area. Secondly it focuses on variation of district income such as Gross District Domestic Product (GDDP), Net District Domestic Product (NDDP), and PCI, etc. Lastly this paper attempts to study the inequal distribution of land holdings in the state. Based on the findings, the author concludes that land reform is essential for the benefit of marginal and small farmers of this state.

Amarnath Tripathi and A R Prasad in the paper, "An Overview of Agrarian Economy in India: Performance and Determinants", evaluate the growth of Indian agriculture since independence. Further, it analyzes the sources of agricultural growth and determinants of agricultural production. It uses the decomposition test to analyze the sources of agricultural growth and the production function approach to analyze the determinants of agricultural production. The findings of this study state that there is a scope to increase both net sown area and gross sown area in the country. The decomposition analysis further states that rising output per hectare is the predominant source of agricultural growth for most of the crops and crop groups. The results of aggregate agricultural production function indicate that land significantly affected the agricultural output growth during the study period and subsequently land became less significant and labor and capital are significantly affecting the growth of agricultural output.

N Narayana and N B Shongwe in the paper, "Determinants of Female Labor Force Participation in the Agricultural Sector of Swaziland", explain that female labor force plays an important role in the economic development of Swaziland. This study examines and analyzes the determinants of FLFP in the agricultural sector of Swaziland. This study is mainly based on the secondary data and uses the Prohit and Multinational Logit Models to analyze the data. The results state that almost 7% of females participate in the agricultural sector. However, it was mainly decided by age, marital status, level of education, land ownership, employment status and credit accessibility. Lastly, it advocates certain policy implications for the significant contribution of women to the agricultural sector of Swaziland.

- L Krishna Veni
Consulting Editor

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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Agricultural Economics