These are: i. The market for consumer goods that comprise of both durable and non-durable goods ii. The market for agricultural inputs that include fertilizers, pesticides, seeds, and so on The concept of rural marketing in India is often been found to forms ambiguity in the mind of people who think rural marketing is all about agricultural marketing. However, rural marketing determines the carrying out of business activities bringing in the flow of goods from urban sectors to the rural regions of the country as well as the marketing of various products manufactured by the non-agricultural workers from rural to urban areas. To be precise, rural marketing in India Economy covers two broad sections, namely: i.
OVERVIEW: In agricultural farm fertilizer is used as supplementary nutrient for healthy growth of crops. The fertilizers mostly used in farm are Nitrogen (N), Phosphorus (P) and Potassium (K). Following are the different types of conventional method to provide fertilizers to crops, 1.1 Fertilizers providing method 1.1.1 Approximate quantity of fertilizers: Conventional method of providing fertilizers to agricultural farms are farmer take approximate quantity of fertilizer, then give to crops, as shown in Fig.1. Fig .1.1 Farmer provide fertilizer to crop  1.1.2 Simply throw the fertilizer Another method of providing fertilizer to crop is farmer simply throwing the fertilizer. Fig.
(1999) decision making in farming is based on two preceding variables: personal factors and environmental factors. Where personal factors for instance are described as the farmers’ personality and environmental factors include both external factors and physical farm elements. The personal factors are separated into two further inducing variables: the farmer’s attitudes toward farming in general and the farmer’s objectives in farming. These two inducing variables plus the environmental factors together shape the outcome, the farming behavior in respect of decision making of the farmer. This scheme of Willock et al.
Microeconomics analyzes market mechanisms that establishes relative prices between items and services and the distribution of limited resources across multiple uses. Besides, microeconomics also analyzes market failure, when markets are not operating well, and describes the conditions required in the theory of perfect competition. Microeconomics research scopes include: Basic theories for economics such as supply, demand, price, market; Theories of consumer behavior; Theory of producer behavior; Market structure; Market factors of production: labor - capital
Action plans take into account the issue, the labour required, the timeframe and the resources required to implement each part of the various management practices in order to meet the objective of the farm and business. The action plan should adapt and change as influences of new knowledge, technology and economic factors influence the farm and farmers. Advantages and Disadvantages of Whole Farm Planning Advantages Disadvantages - It helps farmers to distinguish areas of their farm that are or may become problem areas - It assists farmers in developing solutions to the various problems they may come across in the implementing of their whole farm plan - It develops practices in which sustainable production can be achieved on their farms - The current and future goals of the property, industry, landscape and catchment can be addressed - Whole farm planning enables the farmer to identify and take advantage of the various catchment opportunities on the farm - Allows the farmer to make management decisions based on the strengths and weaknesses of their farm and environment - Whole farm planning is a timely process that may take generations to complete - It can also be a very costly process as all current infrastructure and fences is rendered virtually
II. DYNAMICS: Economists working on the agricultural policies are interested in the determinants of the supply and consumer demand of the agricultural policies as they provide a platform for the foundation and formulation of the agricultural policies by engaging with the markets. The policy which are formulated generally have the objective of maximizing social welfare and they are formed in such a way that they take into consideration certain facts like, there will be always be some factors over which the policy would have no control (for example- climate), there will be side effects (for example- it may benefit a certain group of the society adversely and may be detrimental to another
The purpose of genetically modifying crops is to basically produce crops that are THE PROCESS OF GENTETIC MODIFICATION Below is a picture that shows the process of Genetic Modification: source;http://sphew.bumc.bu.rdu/otlt/MPH-Modules/PH/GMOs/GMOs_print.html GENETICALLY MODIFIED CROPS AFFECT THE PEOPLES HEALTH, THE ENVIRONMENT AND ALSO THE ECONOMY. HEALTH CARE
I focused on the introduction of garden egg in the study area to assess its effects on the welfare of the farmers who have either diversified into its cultivation or still remain in the cultivation of other crops or engaging in both garden egg and other crops. It is evident that the various livelihood assets, new crop adoption decisions and the challenges encountered from pre planting to post harvest period of the crop all affect incomes that are accrued from the
The reason was that farmers increasingly had to employ their own capital (net worth) in addition to borrowed funds. During this time, borrowed funds increased dramatically in the balance sheets of farm businesses. As a result, the agricultural sector's general ability to absorb negative financial shocks diminished greatly. The open international economy in which agricultural producers nowadays have to make decisions has brought new and powerful variables into play, especially in comparison with the late
The socio-economic condition of Assam largely depends on its agricultural production. Thereby, the Assam department of agriculture has decided to take up various development measures to ensure growth in crop production. North east including Assam is in the core of the widely recognized centers of diversity of several field, horticulture and cash crops. The geographical location, physical features and historical factors have made the state an area of unique ethnic and cultural diversity. Variations among different ethnic groups in their traditional knowledge of uses, quality preferences and farming practices are the additional