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Impact of government intervention on sugar prices in India: An economic analysis

KrishiKosh

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Title Impact of government intervention on sugar prices in India: An economic analysis
 
Creator Kavita
 
Contributor Grover, R.K.
 
Subject Trend in prices, Export and import of sugar, Sugar production, Government intervention
 
Description The study on “Impact of government intervention on sugar prices in India: An economic analysis” was done with
the following objectives: (1)To analyze the trends in trade and prices of sugar (2)To study the impact of pricing
policy on domestic prices of sugar (3)To suggest measures to stabilize the sugar prices. The present study is based
on secondary data collected from the various published and unpublished sources, viz. various issues of Cooperative
Sugar, Indian Sugar, Published by Indian Sugar Mills Association, Statistical Abstract in India, Indian Agriculture
in Brief and Agriculture Prices in India etc. Data on various aspects including domestic prices of sugar, production
of sugar and sugarcane, prices of sugarcane, consumption of sugar, stocks of sugar, quantity of sugar exported and
sugar imported for the period 1947-48 to 2013-14 were collected. To determine the trends in trade and prices of
sugar, linear growth rates were calculated by fitting linear equation using data on prices, export and import.
Multiple regression function was used to ascertain the impact of pricing policy on domestic prices of sugar. The
coefficient of variation were 30.22, 35.39, 42.53, and 105.89 per cent during period-I, period-II, period-III and
period-IV, respectively indicating that stability in the sugar prices was maximum during period-I. Linear growth
rates were calculated to be 5.16, 4.98, 4.80 and 4.71 during period-III, period-I, period-IV and period-II
respectively. The coefficients of variation and linear growth rates of sugar export from India during selected
periods was calculated to be 176.18 per cent, 144.02 per cent, 141.03 per cent and 89.95 per cent during period-IV,
period-I, period-III and period-II respectively indicating that the variability was maximum during period-IV. The
linear growth rate was reported maximum during period-I followed by 13.78 per cent per annum, 5.20 per cent per
annum and -1.56 per cent per annum during period-III, period-IV, and period-II. Positive linear growth rates in
imports were observed for all the four periods under study except for period-I where the imports were found to
decline at an annual growth rate of 9.55 per cent per annum. The increased sugar production had a negative impact
on price of sugar. Positive and significant impact of sugarcane price was observed for all periods under study.
 
Date 2016-10-21T10:16:09Z
2016-10-21T10:16:09Z
2015
 
Type Thesis
 
Identifier http://krishikosh.egranth.ac.in/handle/1/81182
 
Language en
 
Format application/pdf
 
Publisher CCSHAU