Government should address this issue by providing subsidy and creation of suitable programs to uplift and improve the infrastructure of ware housing and cold storage facility. *Access to sufficient credit without barriers. Credit is directly linked with the risk in farming and is considered as one of the limiting factor to grow high value crop, create irrigation facility and crop management. Since farmers are facing problem in accessing credit, Government should bring effective policy and programs to support the credit availability to the farmers at very low interest rate and at ease. *Access to proper markets and competitive price for the produce.
1.2 Introduction of Agriculture Sector In Tanzania, agricultural sector is one of the key sectors to the national economy. Over 80% of the population lives in rural areas and their livelihoods depend on agriculture. The sector accounts for 26.4% of the GDP, 30% of export earnings and 65% of raw material for domestic industries, however, the sector experience low growth. Given the importance of the sector as a source income, employment and food security, this low growth has translated into little progress on poverty reduction (Hepelwa, Selejio, and Mduma, 2013). According to Hepelwa et al, (2013) agriculture in Tanzania is dominated by smallholder farmers with typical farm sizes ranging from about 0.9 to 3 ha occupying 91% of the total area under agriculture while the remaining 9% of the land is held by large scale farmers.
If the entry barriers are low, it poses a threat for the current companies which are already in the market. For Bitcoin, there is actually no entry barriers due to Bitcoin being an open source and global nature. http://strategiccfo.com/wikicfo/threat-of-new-entrants-one-of-porters-five-forces/ Substitute products and services There are actually customers who does not use Bitcoin. There are alternative payment methods such as PayPal and Internet Banking. Similarly to Bitcoin, these services does online payment.
The cost incurred and returns accrued to an average cassava based farms in the study area is presented in Tables below. The result shows that an average farmer invested ₦ 94097.63 in the enterprise and earned N199892.79 as gross farm income. The Costs and returns analysis shows gross margin of ₦105792.91 per ha. This when divided by a year gives a monthly income of ₦8816.08 The Benefit-Cost Ratio shows a figure of 2.14, meaning for every one naira invested in Cassava farming an additional ₦2.14 kobo will be realized. The two profitability analyses (gross margin and cost benefit ratio) estimate indicates that enterprises in cassava based farms are profitable.
Through education on good farming techniques, farmers can make educated decisions on their crop rotation sequences and changes to their daily crop-tending practices to naturally maintain the soil’s fertility (Sustainable Agriculture Research & Education, 2012). The effectiveness of this philosophy of education on horticulture was tested in a study done in Telangana, India (Rangareddy district) for a duration of 3 years (2011-2014). In this study, some Indian women farmers were trained with a GAP (Good Agricultural Practices) program and the other Indian women farmers
INTRODUCTION Rural banking in India started since the establishment of banking sector in India. Rural Banks in those days mainly focused upon the agro sector. Today, commercial banks and Regional rural banks in India are penetrating every corner of the country are extending a helping hand in the growth process of the rural sector in the country. BANKS: FUNCTIONING FOR THE DEVELOPMENT OF RURAL AREAS The area of operation of a majority of the RRBs is limited to a notified area comprising a few districts in a State .SBI has 30 Regional Rural Banks in India known as RRBs. The rural banks of SBI are spread in 13 states extending from Kashmir to Karnataka and Himachal Pradesh to North East.
India is an agricultural country. About seventy percent of the population depends on agriculture. One-third of our National income comes from agriculture. India’s economy is based on agriculture. The development of agriculture has much to do with the economic welfare of the country.
The model proposes that having a digital only banking model will help fulfill customer expectations quickly and effectively. While the article reveals six key factors leading to success in building digital banking business; the one that I found crucial is 'culture' – the article mentions, the need for restructuring culture in banks. The first aspect that banks should focus upon is changing their culture is to shift from a traditional work environment to an open work culture. Often going digital is accepted by employees with hesitation; at least in its initial phase. Particularly in the banking sector where for decades, the process has been such where even to get minor information such as knowing the balance in the bank account the customers have to visit their bank.
CONCLUSION So all in all new technologies are giving edge to the banking sectors. New technologies are giving banks to launch new products and updates software. Apart from this technologies are also helping banks in reducing their works especially paper works, Because in past people who are working in banks have to do all their work in papers which is very difficult task because they have to take care of all the papers. However the rate of success of new software will depend on how the banks are using these facilities and they are familiar with the product. If a bank is having proper security of their computers and software, their audit plan it will surely help in long term success of banks.