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Acharya N G Ranga Agricultural University, Guntur

The Andhra Pradesh Agricultural University (APAU) was established on 12th June 1964 at Hyderabad. The University was formally inaugurated on 20th March 1965 by Late Shri. Lal Bahadur Shastri, the then Hon`ble Prime Minister of India. Another significant milestone was the inauguration of the building programme of the university by Late Smt. Indira Gandhi,the then Hon`ble Prime Minister of India on 23rd June 1966. The University was renamed as Acharya N. G. Ranga Agricultural University on 7th November 1996 in honour and memory of an outstanding parliamentarian Acharya Nayukulu Gogineni Ranga, who rendered remarkable selfless service for the cause of farmers and is regarded as an outstanding educationist, kisan leader and freedom fighter. HISTORICAL MILESTONE Acharya N. G. Ranga Agricultural University (ANGRAU) was established under the name of Andhra Pradesh Agricultural University (APAU) on the 12th of June 1964 through the APAU Act 1963. Later, it was renamed as Acharya N. G. Ranga Agricultural University on the 7th of November, 1996 in honour and memory of the noted Parliamentarian and Kisan Leader, Acharya N. G. Ranga. At the verge of completion of Golden Jubilee Year of the ANGRAU, it has given birth to a new State Agricultural University namely Prof. Jayashankar Telangana State Agricultural University with the bifurcation of the state of Andhra Pradesh as per the Andhra Pradesh Reorganization Act 2014. The ANGRAU at LAM, Guntur is serving the students and the farmers of 13 districts of new State of Andhra Pradesh with renewed interest and dedication. Genesis of ANGRAU in service of the farmers 1926: The Royal Commission emphasized the need for a strong research base for agricultural development in the country... 1949: The Radhakrishnan Commission (1949) on University Education led to the establishment of Rural Universities for the overall development of agriculture and rural life in the country... 1955: First Joint Indo-American Team studied the status and future needs of agricultural education in the country... 1960: Second Joint Indo-American Team (1960) headed by Dr. M. S. Randhawa, the then Vice-President of Indian Council of Agricultural Research recommended specifically the establishment of Farm Universities and spelt out the basic objectives of these Universities as Institutional Autonomy, inclusion of Agriculture, Veterinary / Animal Husbandry and Home Science, Integration of Teaching, Research and Extension... 1963: The Andhra Pradesh Agricultural University (APAU) Act enacted... June 12th 1964: Andhra Pradesh Agricultural University (APAU) was established at Hyderabad with Shri. O. Pulla Reddi, I.C.S. (Retired) was the first founder Vice-Chancellor of the University... June 1964: Re-affilitation of Colleges of Agriculture and Veterinary Science, Hyderabad (estt. in 1961, affiliated to Osmania University), Agricultural College, Bapatla (estt. in 1945, affiliated to Andhra University), Sri Venkateswara Agricultural College, Tirupati and Andhra Veterinary College, Tirupati (estt. in 1961, affiliated to Sri Venkateswara University)... 20th March 1965: Formal inauguration of APAU by Late Shri. Lal Bahadur Shastri, the then Hon`ble Prime Minister of India... 1964-66: The report of the Second National Education Commission headed by Dr. D.S. Kothari, Chairman of the University Grants Commission stressed the need for establishing at least one Agricultural University in each Indian State... 23, June 1966: Inauguration of the Administrative building of the university by Late Smt. Indira Gandhi, the then Hon`ble Prime Minister of India... July, 1966: Transfer of 41 Agricultural Research Stations, functioning under the Department of Agriculture... May, 1967: Transfer of Four Research Stations of the Animal Husbandry Department... 7th November 1996: Renaming of University as Acharya N. G. Ranga Agricultural University in honour and memory of an outstanding parliamentarian Acharya Nayukulu Gogineni Ranga... 15th July 2005: Establishment of Sri Venkateswara Veterinary University (SVVU) bifurcating ANGRAU by Act 18 of 2005... 26th June 2007: Establishment of Andhra Pradesh Horticultural University (APHU) bifurcating ANGRAU by the Act 30 of 2007... 2nd June 2014 As per the Andhra Pradesh Reorganization Act 2014, ANGRAU is now... serving the students and the farmers of 13 districts of new State of Andhra Pradesh with renewed interest and dedication...

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20181
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Subject: Agricultural Economics × Author: AREEF, MULLA × Type: Thesis × Thesis Type: M.Sc ×
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    ThesisItemOpen Access
    AN ECONOMIC ANALYSIS OF PRICE BEHAVIOUR OF ONION IN MAJOR MARKETS OF INDIA
    (Acharya N.G. Ranga Agricultural University, 2018) AREEF, MULLA; RAJESWARI, S
    The Present study entitled “An economic analysis of price behaviour of onion in major markets of India” was undertaken to study the price trends of onion, price forecasts and price volatility in selected markets of India. Three markets viz., Lasalgaon, Bangalore and Kurnool were selected based on maximum arrivals. The data pertained to the period from 2003 to 2017. Time series analysis was employed for studying the price behavior of onion for each market. ARIMA, trend analysis, moving average, single exponential smoothing, double exponential smoothing, winter’s multiplicative model, decomposition fit and Artificial Neural Network (ANN) were used for forecasting of prices. Autoregressive Conditional Heteroscedasticity (ARCH) and Generalized Autoregressive Conditional Heteroscedasticity (GARCH) models are used for analyzing price volatility. The annual increase in prices of onion was found to be the highest in Lasalgaon market (7.33 Rs/qtl) whereas it was the lowest in Kurnool market (6.22 Rs/qtl). Bangalore and Kurnool were found to be statistically significant at 1 per cent level of significance. In these three markets, the contribution of time to change in prices was to the tune of 19 per cent to 26 per cent as indicated by adj-R2. In Lasalgaon market the highest seasonal index was found in October, followed by November and August and the indices stood at 149.01, 139.30 and 122.76 respectively. Lowest seasonal index was recorded in May with 57.23. In Maharashtra harvesting of kharif season onion crop started from October to December. Hence, kharif crop starts arriving at the market in small quantities during the first fortnight of October. The prices in October reach their highest of all the months. It is mainly for the reason that stocks made from earlier rabi season dwindling and there are still some time for main kharif onion crop to enter the market. The limited arrivals fetch a good price and normally the prices during this month are rewarding. Even in November and December months also have highest prices, this is true because farmer respond to the higher prices and bring more produce to sale at market. In Bangalore market the highest seasonal index was found in November, followed by January and August as the indices stood at 130.94, 115.90 and 115.66 respectively. Lowest seasonal index was recorded in April with 70.91. In Kurnool market the highest seasonal index was found in August, followed by November and July as the indices stood at 140.80, 121.31 and 117.07 respectively. Lowest seasonal index was recorded in May with 62.72. In Bangalore and Kurnool markets the early kharif crop starts arriving the market in August month. And the late kharif crop hits the market in October and November months. These months where highest onion arrivals present also have the highest prices. From the results it was found that no price cycles were identified in the selected markets (Lasalgaon, Bangalore and Kurnool) of India for onion crop. Irregular fluctuations did not exhibit any definite periodicity in their occurrence in the Lasalgaon, Bangalore and Kurnool markets. The ARIMA model (0,1,1) (2,1,1) was found to fit the series suitably to forecast prices of onion in Lasalgaon market. According to the forecasts the price of onion would be ranging from Rs. 2879 to Rs. 2748 per quintal for the months from January to June 2018. The ARIMA model (1,1,0) (1,1,1) was found to fit for forecast prices in Bangalore market. According to the forecasts the price of onion would be ranging from Rs. 3495 to Rs. 3395 per quintal for the months from January to June 2018. The ARIMA model (1,1,1) (1,1,1) was found to fit the series suitably to forecast prices in Kurnool market. According to the forecasts the price of onion would be ranging from Rs. 2956 to Rs. 1651 per quintal for the months from January to June 2018. Price volatility results revealed that there was high volatility in onion prices in Lasalgaon market as the sum of alpha and beta values were 0.99 next followed by Bangalore (α+β = 0.94) and Kurnool (α+β = 0.93) during the period from 2004 to 2017. These values were very closer to one, indicated that the volatility shocks were quite persistent in these markets.