Artha Vijnana: Journal of The Gokhale Institute of Politics and Economics

Nilakantha Rath ¹

Affiliations
1 Indian School of Political Economy, Pune, IN

Abstract

Present Position:

1.The agricultural credit system in India to day is in a bad shape.

2. The commercial banks, which accounted for the larger part of the term loans to agriculture, have reduced their advances, despite the stipulation about priority sector lending. Bad debts and high cost of administering relatively small amount of loans to large numbers located in dispersed villages are the major reasons for this. They are able to meet the stipulation about priority sector lending through deposits with NABARD, which is a convenient, trouble-free and profitable venue. That the state governments misuse a large part of this money is not a matter of concern to the commercial banks.

Full Text

     

Nilakantha Rath ¹

Affiliations
1 Indian School of Political Economy, Senapati Bapat Road, Pune -411016, IN

Abstract

Professor Rao, Professor Chitre, Mr. Sarangi, Dr. Chahande and friends. I feel a little embarrassed standing here to inaugurate this seminar. I have said this to Professor Chitre and I do not mind and, I trust, he would not mind my telling it to you. I wonder what could have led Professor Chitre to ask me, who has to my mind no particular qualification, to inaugurate the seminar. There are more knowledgeable and informed scholars on the subject present here who would have been more appropriate for the purpose. My major qualification is that I am an old student and employee of this Institute; but I do not know if that is an adequate ground for this invitation. I have of late been editing a journal that has recently brought out a very special number on Scheduled Castes in the states. But, I was not the editor of this particular issue of that journal. We had a very distinguished sociologist of our country who was the guest editor.

Full Text

     

Nilakantha Rath

Abstract

The object of this paper is to compare the levels of living in the rural areas of the 15 States in India as revealed by their average per capita consumption expenditure. In view of the very widespread poverty and low living in the country as a whole, one may not expect wide regional disparities in the average level of living in rural areas. In recent years average per capita income and expenditure are being regularly estimated for each State.

Full Text

     

Nilakantha Rath , R. V. Joshi

Abstract

The object of this note is to examine with the help of available data the relative trend in agricultural wages and the prices of staple cereals over years, in certain parts of India.

Full Text

     

Nilakantha Rath

Abstract

Every time there is pressure on the agricultural produce markets, there has been demand from various quarters to fix the price of the agricultural produce through state intervention. Different bases for fixation of price have been suggested, an important and persistent one being the cost of productios of the commodity.

Full Text