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Subject: Agricultural Economics × Author: Kavita × End date: 2016 × Start date: 2011 ×
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    ThesisItemOpen Access
    Impact of government intervention on sugar prices in India: An economic analysis
    (CCSHAU, 2015) Kavita; Grover, R.K.
    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 The present study is based on secondary data collected from the various published and unpublished sources, viz.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.