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Working Papers | 1991

Technology Development and Diffusion in Tree Growers Cooperatives in A Coastal Saline Region of Gujarat: A Learning Environmental Approach

Pastkaia A R

This paper examines the nexus between new technology for an open access land resource and an institutional set-up for establishing and managing tree plantations as a common pool resource. The Vankars, a scheduled caste of a coastal saline region of Gujarat, combined their knowledge of local resources with the techno-managerial inputs of an external non-government organization to evolve a new technology for making these lands productive. Some land was acquired from on long lease from the Government on an individual basis and also on a group basis. In either case the Vankars soon realised that reclamation and management of such degraded lands called for pooling of the land as well as other resources. This in turn demanded simultaneous investment in human resource development and institution-building at the grass root level. The setting up of a chain of cooperatives in different villages in this region from 1979 onwards and their subsequent federation into a cooperative union in 1989 is the realisation of a dream shared by the leaders of an oppressed community and their counterparts in the external agency. This paper highlights the informal networking system between cooperatives which provided multiple points for experimentation, trial and validation of new techniques and ideas. It describes the methodology used by the BSC in promoting technological innovation of both types (a) local knowledge & initiative based (b) supply induced. The paper examines the evolution of rules for using usufruct, providing labour and protection, processing wood into charcoal and marketing, in three cooperatives selected on the basis of land productivity as a criterion. The mechanisms for sharing set-up costs and maintenance of plantations, the problems of fostering unity and the perceived stream of benefits realised by the members via-a-vis the NGO are summarised. Implications are drawn for building institutions around common pool resources.

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Working Papers | 1991

Technological and Institutional Variables in the Evolution of Rules for Community Plantations of a Scehduled Caste in a Backward Area of Gujarat

Pastkaia A R

This paper examines the nexus between new technology for an open access land resource and an institutional set-up for establishing and manging tree plantations as a common pool resource. For the Vankars, a scheduled caste of a coastal saline region of Gujarat, this meant a struggle at several levels in society. This land is owned by the state government. It is open access land managed by the village panchayat. The Vankars combined their knowledge of local resources with the techno-managerial inputs of an external non-government organization to evolve a new technology for making these lands productive. Some land was acquired from the Government on long lease on an individual basis and some on a group basis. In either case the Vankars soon realised that reclamation and management of such degraded lands called for pooling of the land as well as other resources. The paper examines the evolution of rules for using usufruct, providing labour and protection, processing wood into charcoal and marketing, in three cooperatives. These have been selected on the basis of land productivity as criterion. The mechanisms for sharing the set-up and maintenance costs of the plantations, the problems of fostering unity and the perceived stream of benefits realised by the members vis-à-vis the NGO are summarised. Implications are then drawn for building institutions around common pool resources.

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Working Papers | 1991

Impacts of Energy Crisis on Indian Agricultural Sector

Tewari Devi D and Rao V M

This paper discusses the impact of rising crude oil prices on the Indian agricultural sector in general and on the food grain sub-sector in particular, using a mix equation econometric model.

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Working Papers | 1991

Comparative Performance of Farmers Service Societies and Primary Agricultural Cooperative Credit Socities

Desai B M and Nambudiri C N S

This paper analyses performance of Farmers' Service Societies (FSS) and Primary Agricultural Cooperative Credit Societies (PACS) comparatively. Features of these two field-level rural financial institutions (RFIs) are described in Section-II. Section-III conceptualizes performance criteria. Section-IV discusses application of these criteria and analyses the empirical results. Major conclusion of the paper is that FSS have performed better than PACS. But both these RFIs have not succeeded in undertaking agro-marketing and processing. Implications of these findings are discussed in the last section.

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Working Papers | 1991

Data System for Environmental Impact Assessment for Humid-Tropical Regions: Relevant Issues

Moulik T K

Environmental problems encountered in most of the developing countries arise due to conditions of poverty and under development as well as the negative effects of development progrmmes which have been badly planned and implemented. In most of the developing countries, particularly those in the humid-tropical region, damage being done to the environment, because of the population size and its increase and the scale of developmental activities, is of such magnitude and consequences that urgent remedial measures are called for. Environmental impact assessment (EIA) has been identified as a major tool for the realization of environmentally sound development. Over the last decade EIA systems have been or are being implemented in many developed as well as developing countries. This synthesizes the practical experiences in the application of EIA systems to outline data problem requirements and analysis for developing countries in the humid-tropic region.

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Working Papers | 1991

Revamping Stock Exchange Operations - Some Suggestions

Gupta Ramesh

Stock Exchanges have been playing a major role in mobilizing private savings for industrial growth. With increasing participation of general public in securities association of themselves to regulate trading and to protect the interests of member brokers, is proving to be inadequate and detrimental to the interests of general investing public. With frequent market closures any payment crisis, the need has arisen to reexamine the system and suggest suitable regulatory policy measures which would focus on invisible but effective maintenance of market discipline and depend on strengthening of professional and financial support services which will make market work as they should. This paper examines some of these issues and suggests the following policy measures: 1. Collect margins on gross business and not on net business of a broker 2. Insulate investment business from speculative trading 3. Complete automation of stock exchange operations 4. Provide explicitly for investor protection in bye-laws of the stock exchanges 5. Strict enforcement of rules and regulations 6. Nominate active and knowledgeable public representatives on governing boards of exchanges 7. Establishment of unified regulatory body

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Working Papers | 1991

The Egalitarian Equivalent Solution to Bargaining Problems in Economic Environments

Lahiri Somdeb

In this paper we set up an analytical framework to study bargaining (or object division) problems in economic environments, propose some new solutions and study the egalitarian equivalent bargaining solution. This analysis extends bargaining solutions defined on a restricted set of environments (corresponding to equal initial endowments) to a more general class of bargaining problems).

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Working Papers | 1991

Lease Accounting Practices in India

Pandey I M

Accounting for leases is a debatable subject in spite of variety of standards having been issued by the professional accounting bodies all over the world. Two important issues relate to the treatment of lease rentals and the disclosure of leased assets in the financial statements. Opinions are divided whether leased assets should be replaced by lessees or lessors. The Indian position is also confused and divided. In this paper, we have provided an evaluation of the accounting standards followed in USA,UK and the international accounting standards. We have also critically reviewed Exposure Draft and Guidance Note issued by the Institute of Chartered Accountants of India. A study of the practices of Indian companies with regard to the accounting of leases reveals the following: (a) operating method of treating lease rentals is followed; (b) leased assets are shown as own assets on historical basis in the balance sheets by leasing companies; (c) straight-line depreciation method is followed to depreciate the leased assets while written down value method is used incase of owned assets; (d) leased obligations are disclosed in footnotes by some lessees; (e) Indian companies consider leasing as an off-balance-sheet transaction; (f) Indian accounting practices are generally in line with legal prescriptions as under Indian Companies Act, 1956 and Income Tax Act, 1961.

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Working Papers | 1991

Revealed Preference and Independence of Irrelevant Alternatives: A Note

Lahiri Somdeb

Our objective here is to establish an equivalence between the IIA axiom which plays a significant role in axiomatic models of bargaining, and a generalization of WARP which plays a significant role in demand analysis.

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Working Papers | 1990

Threat Bargaining Problems with Incomplete Information

Lahiri Somdeb

This paper is a revised version based on two of my earlier papers Lahiri (1989c) and Lahiri (1990). For useful suggestions and discussions I am grateful to Jim Jordan, T.Parthasarathy, Prakash Chander, Arunava Sen and the participants of the 1990 International Conference of Game Theory and Its Applications to Economic held at Indian Statistical Institute (New Delhi). In particular this paper has benefited from the comments of Hans Peters and Mamoru Kaneko.

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