Posts Tagged ‘distribution’

INFLATION – “THE SILENT CREEPER” Part 2

.

Hello Friends here we come up with an extension of our previous blog, INFLATION –  “THE SILENT CREEPER”.

.

Inflation Silent Creeper Part 2

.

In previous Blog we had touched upon the impacts of inflation on economy in current scenario and the reasons for the inflation.

.

Now in this part we would look into the possible Measures to check inflation.

Measures to check inflation:


•  To give immediate relief from inflationary pressure, government is planning to check the supply deficiency.

.

It has allowed importing sugar.

.

It will import rice, as rice production is expected to drop in 2010.

.

Import duties on oil seeds have been slashed.

•  Money supply should be checked, otherwise in the time of scarcity excess liquidity will accelerate inflation further.

•  Distribution process should be very fast and transparent.

.

Currently we need a well managed and coordinated distribution of stocks through PDS (Public Distribution System), open market sales of public stocks etc.

.

Hoarding should be avoided here and government should keep an eye on this.

•  This rising inflation has become a major threat for economy.

.

The only key way to check the inflation is to bridge the gap between demand and supply, which may control the price rise.

•  Unfortunately, Indian agriculture is characterized by low input and low output systems.

.

Hence we have to increase the productivity.

.

For example: Yield of paddy in India is only 2.9 tonnes/hectare as compared to 7.5 tonnes/hectare in US.

•  Check the rising cost of cultivation.

Increasing land, labour, fertilizers and other inputs are discouraging farmers to produce more in absence of sufficient liquidity.

•  Apart from grain, government should also create buffer stocks or strategic reserve of oil seeds and other crop, so that it can release it at the time of crisis.

Next Blog we would try to know about the other concerns in Indian economy regarding the parameters to check inflation.

.

Stay Tuned for more on this.

🙂

However For More latest Industry, Stock Market and Economy News Updates, Click Here

Crop Forecasting – “Past – Present – Future Part 2″

Hello Friends here we come up with an extension of our previous blog, “Crop Forecasting – “Past – Present – Future Part 1”.

Crop Forecasting - “Past - Present – Future Part 2

Crop Forecasting - “Past - Present – Future Part 2

Here we would get to know of that what are the procedures of crop estimation survey and on what basis ,final estimates arrived at !

PROCEDURE

In India, the Directorate of Economics and Statistics (DES) releases estimates of area, production and yield in respect of principal crops of food grains, oilseeds, sugarcane, fibers and important commercial and horticulture crops.

DES estimates the crop production by multiplying the area estimates by corresponding yield estimates.

From the point of view of collection of area statistics, the States in the country are divided into three broad categories:

i. States and U.Ts. which have been cad-astrally surveyed and where area and land use statistics are built up as a part of the land records maintained by the revenue agencies (referred to as “Land Record States” or temporarily settled states).

ii. The states where area statistics are collected on the basis of sample surveys.

iii. In the hilly districts where no reporting agency had been functioning, the work of collection of Agricultural Statistics is entrusted with the village headmen of the reporting area.

The second most important component of production statistics is yield rates.

The yield estimates of major crops are obtained through analysis of Crop Cutting Experiments (CCE) conducted under scientifically designed General Crop Estimation Surveys (GCES).

The primary objective of GCES is to obtain fairly reliable estimates of average yield of principal food and non-food crops for each of state and UTs which are important from the point of view of crop production.

🙂

BASIS OF FINAL FIGURES

Final estimates of production based on complete enumeration of area and yield through crop cutting experiments become available much after the crops are actually harvested.

However, the Government requires advance estimates of production for taking various policy decisions relating to pricing, marketing, export/import, distribution, etc.

The government releases four advance estimates of farm production across the year apart from making a final projection.

🙂

First Adv. Estimates for Crop Production: Released

·The Government on 3rd November, 2009 released First Advance Estimates of production of major crops grown in the country.

The production figures of various crops are as follows in Million Tonnes (MT):

·Kharif Foodgrains – 96.63 MT

o Rice – 69.45 MT o Coarse Cereals – 22.76 MT o Maize – 12.61 MT o Jowar – 2.55 MT

o Bajra – 5.83 MT o Kharif Pulses – 4.42 MT o Tur – 2.47 MT o Urad – 0.88 MT

o Moong – 0.52 MT

·Kharif Oilseeds – 15.23 MT

o Soyabean – 8.93 MT o Groundnut – 4.53 MT

·Cotton – 23.66 million bales of 170 kg each.

·Jute & Mesta 10.24 million bales of 180 kg each

·Sugarcane – 249.48 MT

🙂

The first advance estimates put the kharif foodgrains estimates for 2009-10 at 96.63 million tonnes (MT) as against 115.33 MT in the first advance estimate of 2008-09.

Estimated rice output is lowered by 13.8 million tonnes, total coarse cereals output by 4.6 million tonnes while that of pulses is down by 0.3 million tonnes.

The reason for lowering may be that the drought in about half the country has jeopardized the fate of most summer-sown crops.

The low crop estimates are expected to firm up prices & will further impact food prices for key farm commodities, fuelling food inflation higher,which are already witnessing new levels.

Sanlam joined hands with SMC Global, eyeing India fund launch by Feb.

Sanlam joined hands with SMC Global

South African financial services firm Sanlam expects to start mutual fund operations in India by February next year and hopes to break-even in three to five years, a top executive said on Tuesday. 🙂


The firm, which has joined hands with Indian broking firm SMC Global for asset management and wealth management businesses,  has received an in-principal approval from the market regulator and is currently hiring a fund management team.

🙂

“Unless something goes strangely wrong, we are hoping to get operational round about Feb. 1,” said Sanjeev Gupta, chief executive of Sanlam’s emerging market investment unit.


The firm, South Africa’s second-biggest insurer, will join the likes of

Italian bank UniCredit’s arm – Pioneer Global,

South Korea’s Mirae Asset,

France’s Axa and Japan’s Shinsei

These have started operations in India’s fiercely competitive fund industry over the last two years.


The market will become even tougher for fund managers, and particularly hostile to small and new players, as a ban on entry fees charged by mutual funds — to be imposed from Aug. 1 — slows growth and raises distribution costs.

The firm is not hopeful of making money in the initial years as it spends on building brand and strengthening distribution.

“Anytime between the third and the fifth year we feel we will probably turn the tide,” Gupta said.

To start with, the firm plans to tap offshore clients to invest in India-dedicated funds and leverage 1,800 offices of its local partner SMC to attract domestic investors.


How SMC helps you in choosing right mutual funds schemes?

SMC Global Securities Money wise Be Wise

SMC Global Securities Money wise Be Wise

SMC offers distribution and collection services of various schemes of all Major Fund houses and IPOs through its mammoth network of branches across India .

They are registered with AMFI as an approved distributor of Mutual Funds.

They assure one a hassle free and pleasant transaction experience when he/she invest in mutual funds and IPOs through them. They are registered with all major Fund Houses including Fidelity, Franklyn Templeton etc.

They have a distinction of being leading distributors of IPOs. Shortly they will be providing the facility of online investment in Mutual Funds and IPOs.

SMC Global Securities : Money Wise Be Wise !

  • http://www.smcindiaonline.com/index.asp