Credit Constraints and Distress Sales in Rural India: Evidence from Kalahandi District,Orissa

The literature on the rural credit market in India (and elsewhere) has generally assumed that peasant farm households are rationed in their access to subsidized formal credit. Because of a lack of infrastructure and poor access to institutional credit, such farmers are exploited by means of an interlocked market connecting informal credit to the sale of paddy. The resulting gap, between the sale by a borrower of paddy at a predetermined low price, and the price of this commodity on the open market, constitutes the amount of what is termed a distress sale. The latter is itself influenced by the bargaining capacity (or lack thereof) of the peasant farmer who borrows on the informal market. Also of importance in determining whether or not a cultivator is compelled to resort to the informal credit market – and thus into an interlocked arrangement – is the need for additional liquidity to meet production costs and/or household consumption, as well as the monopsony nature of the paddy market. Data from Kalahandi district in Orissa suggest that access to formal credit is limited in rural areas although there exists a high demand for it, that a high degree of credit rationing by the formal lender occurs, and that poor implementation by the state of minimum support price policy all contribute to the need for informal loans and its attendant interlinkage.     

Moistened hands do not necessarily allude to high quality fingerprints: the relationship between palmar moisture and fingerprint donorship

We explored the quality distribution of ninhydrin-developed prints on A4 bond paper in two groups of individuals, in Israel and in India. While the quality distributions of the developed marks in both countries had some dissimilarities, both groups showed the expected bell-shape distribution, with the majority of the donors belonging to the central zone, defined as "average" or "good." Attempt was made to correlate between a physiological feature, palmar moisture, and the fingerprint donorship. As a rule, high fingermark quality could be associated with sweating hands, but there were individuals with moist palms whose fingermarks had a low score and vice versa. This finding supports the logical but hitherto unproven assumption that besides the amount of palmar sweat, the other physiological factor governing the prints' quality is the total amount of substrate, amino acids in this case, in the latent deposits, which depends on the substrate concentration in the sweat.     

Sustainable rural livelihoods approach for climate change adaptation in Western Odisha,Eastern India

The economy of Odisha is primarily agrarian. Over 80% of the population of Odisha live in rural areas, where levels of poverty are higher than in the state's towns and cities. They depend for their livelihoods on farming and collecting forest products. During the dry season, many migrate elsewhere in Odisha and nearby states in search of temporary work as labourers. Odisha has the highest proportion of inhabitants from scheduled tribes and scheduled castes of all the states in India (39.9% compared to 24% nationally). These groups are marginalised and experience high rates of poverty, low levels of education and poor health. They are highly vulnerable to climate change, due to poverty and dependence on climate-sensitive livelihoods in a vulnerable region. The Western Odisha Rural Livelihoods Project sought to reduce poverty by improving communities' water resources, agriculture, and incomes. Communities were involved throughout and are now better able to respond to climate variability (both droughts and heavy rains). The Government of Odisha took full ownership of the project and state and national governments subsequently adopted approaches used by WORLP.     

Does financial inclusion stimulate India's economy: A panel data analysis

The study empirically examines the connections between three different measures of financial inclusion with output growth across the states of India. Applying the panel co-integration and error correction model for 26 states and 4 union territories, it concludes that all three measures of financial development with gross fixed capital formation enhance real net state GDP significantly in the long run. Further, a significant reduction in the real net state GDP is also observed during the Global Financial Crisis. This study is important for the Indian policymakers to formulate effective financial inclusion policies leading to the overall development of the Indian economy.     

Transition accounting for India in a multi-sector dynamic general equilibrium model

Using a quantitative methodology designed specifically for emerging economies, we measure the components of India’s economic growth over the period 1960–2005. Our approach accounts for time-varying parameters, transitional dynamics and non-linear trends. We find that increased productivity in the service sector, facilitated by a structural shift toward services, is the principal driver of India’s economic growth. Our measures also suggest that the allocation of inputs across sectors has not improved over this period, and in the case of labor appears to have significantly worsened. We further find that fluctuations in output around its trend are due primarily to fluctuations in sector-specific total factor productivity, with fluctuations in labor market distortions and labor taxes also playing important roles. In the period 1960–1980, productivity fluctuations in the agricultural sector are the dominant source of cycles. Since then, productivity fluctuations in the manufacturing and service sectors have been more important.     

Development of latent fingerprints on compact disc and its effect on subsequent data recovery

Chance fingerprints may be found on every type of surfaces of contact and when they are latent, need to be developed by various methods. The type of surface on which latent prints are to be developed is one of the important factors when a choice for a method of development is to be made. The matter becomes more crucial when the surface is unique like a compact disc containing digital data. In this case, to develop the fingerprints is not the only matter to be taken care of but also, is very important to select such a method which may not effect the stored data and its retrieval. In present investigation, various methods have been tried to develop fingerprints on the writing surface of a CD and results are discussed with respect to their development as well as its effect on stored data and data retrieval.