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Dr. Panjabrao Deshmukh Krishi Vidyapeeth, Akola

Dr. Panjabrao Deshmukh Krishi Vidyapeeth, Akola was established on 20th October, 1969 with its head-quarter at Akola. This Agricultural University was named after the illustrious son of Vidarbha Dr. Panjabrao (alias Bhausaheb) Deshmukh, who was the Minister for Agriculture,Govt. of India. The jurisdiction of this university is spread over the eleven districts of Vidarbha. According to the University Act 1983 (of the Government of Maharashtra), the University is entrusted with the responsibility of agricultural education, research and extension education alongwith breeder and foundation seed programme. The University has its main campus at Akola. The instructional programmes at main campus are spread over in 5 Colleges namely, College of Agriculture, College of Agricultural Engineering & Technology, College of Forestry, College of Horticulture and Post Graduate Institute. At this campus 4 degree programmes namely B.Sc.(Agri.) B.Sc. (Hort.), B.Sc. (Forestry) and B.Tech. (Ag. Engg.) , two Master’s Degree Programmes viz. M.Sc.(Agri.) and M.Tech. (Agri.Engg.) and Doctoral Degree Programmes in the faculties of Agriculture and Agril. Engineering are offered. The University has its sub-campus at Nagpur with constituent College, College of Agriculture which offers B.Sc.(Agri.) and M.Sc.(Agri.) degree programmes. The Nagpur Campus is accomplished with a garden, surrounded by its natural beauty and a well established Zoo which attract the general public and visitors to the city. A separate botanic Garden is being maintained on 22 hectares with a green house for the benefit of research workers. In addition there are 2 affiliated grant-in-aid colleges and 14 private non-grant-in-aid colleges under the umbrella of this University A Central Research Station is situated at the main Campus which caters to the need of research projects undertaken by Crop Scientists of the principle crops of the region are Cotton, Sorghum, Oilseeds and Pulses.

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20221
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Subject: Agricultural Economics × Author: Author WAVDHANE, VINOD PUNDLIK. × End date: 2023 × Start date: 2020 × Type: Thesis × Thesis Type: Ph.D ×
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    ThesisItemOpen Access
    Title MARKET INTEGRATION AND PRICE VOLATILITY OF PULSES IN MAHARASHTRA.
    (Publisher : Dr. Panjabrao Deshmukh Krishi Vidyapeeth, Akola, Maharashtra., 2022-03-02) Author WAVDHANE, VINOD PUNDLIK.; Advisor Deshmukh, Dr. R. G.
    Abstract The research entitled “Market Integration and Price Volatility of Pulses in Maharashtra” was carried out with objectives to study the seasonal and cyclical variations in prices and arrivals of Pulses, to assess the stationarity and volatility in prices of Pulses, to assess the co-integration and causality of price signals among selected markets of Pulses, to study the relationship between spot and future prices of Pigeon pea (Tur) and Chickpea (Gram), to forecast the prices of Pulses for the selected markets, and to study the relationship between pulses prices and there processed product. For study purpose the data related to monthly average prices and arrivals of selected Pulses were collected for major APMC’s markets of Maharashtra for the period 2005 to 2016. Major four market are selected for each commodity i.e. Pigeon pea was Washim, Wardha, Mumbai and Latur. Green gram was Buldhana, Akola, Amravati and Latur. Black gram was Mumbai, Solapur, Washim and Akola. Chickpea was Buldhana, Washim, Latur and Amravati markets. Simple average method was used to estimate seasonal variations and Residual Method for cyclical variations. The econometric tools like ADF test, Johansen’s Multiple Co-integration test, Pair-wise Granger Causality Test, ARCH-GARCH, Vector Error Correction models and ARIMA models were also used. The prices of Pigeon pea were higher from the month of July to October. Green gram and Black gram was higher from the months of April to June and Chickpea was higher from the months of July to December in the selected markets. The higher prices of Pigeon pea recorded during the year 2005, 2006, 2009, 2015 and 2016. Green gram and Black gram was 2006, 2009, 2010, 2014, 2015 and 2016. Chickpea was 2005, 2006, 2012 and 2016 in the selected markets. The peak period of arrivals of Pigeon pea in the selected markets was January to May. Green gram and Black gram was September to December and Chickpea was February to April for every years. There was observed that inverse relation between prices and arrivals. The higher arrivals of Pigeon pea were recorded during the years 2005, 2010, 2011, 2013 and 2016. Green gram and Black gram was 2007, 2008, 2010, 2011, 2012 and 2016. Chickpea was 2006, 2007, 2010, 2011, 2012, 2013 and 2014 in the selected markets. The price series of all selected Pulses markets was non - stationary at level with lag 1 and all markets prices series became stationary after 1st order difference. The ARCH-GARCH analysis showed that volatility shocks in the prices of Pulses were persistent in the selected markets of Pulses in Maharashtra. The selected markets having long run equilibrium relationship for the prices of selected Pulses and there exists co-integration among them as indicated by the results of Johansen’s multiple co-integration test. The prices were bi-directional causality observed in Pigeon pea prices between Wardha and Latur, Washim and Latur, Washim and Mumbai markets respectively. The prices were bi-directional causality observed in Green gram prices between Latur and Akola, Buldhana and Amravati markets respectively. The prices were bi-directional causality observed in Black gram prices between Solapur and Akola, Solapur and Mumbai, Washim and Mumbai, Washim and Solapur markets respectively. The prices were bi-directional causality observed in Chickpea prices between Buldhana and Amravati, Washim and Amravati, Latur and Buldhana markets respectively. The estimates of Vector Error Correction Model (VECM) in Pigeon pea prices revealed that Mumbai, Wardha and Washim markets attain short run equilibrium rapidly. Green gram prices observed that Amravati and Buldhana markets attain short run equilibrium rapidly. Black gram prices recorded that only Washim market attained short run equilibrium rapidly and Chickpea prices were showed that Amravati and Latur markets attain short run equilibrium rapidly. The Pigeon pea and Chickpea prices of spot and future markets having long run equilibrium relationship and there exists co-integration between them as indicated by the results of Johansen’s Multiple Co-integration Test. The prices have no causality between Spot and Future markets of Pigeon pea. Spot market prices were not affecting the current Future market price. The prices have showed unidirectional causality between future and spot market prices of Chickpea. Future market prices were affecting the current spot market price. So, the influence of future prices plays a significant role over the spot market prices. The forecasted prices of Pigeon pea for the month of April 2020 was predicted as 5609, 5258, 6518 and 5836 rupees per quintal and the actual minimum-maximum prices range for the months of January 2020 wasrupes 4664-5139, 4700-5270, 4922-6442 and 4540-5436 rupees per quintal for the Washim, Wardha, Mumbai and Latur markets respectively. The Green gram for the month of September 2019 was predicted as 5105, 5687, 5118 and 4818 rupees per quintal and the actual minimum–maximum prices range between for the months of September 2019 was rupes 4650-5789, 4009-5673, 3845-5607 and 4593-6240rupees per quintal for the Buldana, Akola, Amravati and Latur markets respectively. Black gram for the month of September 2019 was predicted as 5577, 3865, 4242 and 4724 rupees per quintal and the actual minimum–maximum prices range between for the months of September 2019 was 4500-5626, 3727-5271, 4195-4652 and 3635-4850rupees per quintal for the Mumbai, Solapur, Washim and Akola markets respectively and Chickpea for the month of April 2020 was predicted as 4272, 4301, 4317 and 4343 rupees per quintal and the actual minimum–maximum prices range between for the months of January 2020 was rupes 3408-4224, 3654-4277, 3552-4409 and 3687-4318rupees per quintal for the Buldana, Washim, Latur and Amravati markets respectively. The forecasted price values revealed an increasing or decreasing trend in the next ensuing seasons. There was no price causality observed between Pigeon pea and Dal prices. Pigeon pea prices were not affecting the current Dal price. There was no causality between Green gram and Dal prices. Green gram prices were not affecting the current Dal price. There was bidirectional causality observed between Black gram and Dal prices. Black gram prices were affecting the current Dal prices. There was no price causality observed between Dal and Chickpea prices. The prices of Flour and Chickpea exhibited no causality and not affecting the prices of each other.