Indian Agrarian Economy is undergoing a change which is metamorphosising the whole agrarian scenario. There has been a tremendous pressure on agriculture to meet the growing demand of foodgrains due to rapid growth in population growth on one hand and increased tempo of industrialization on the other. Among the various alternative solutions to this problem, technological approach was considered as a more possible, feasible and positive alternative. Punjab, Haryana demonstrated this approach where Green Revolution, White Revolution were successful. They used high-yield variety of seeds, fertilizers, pesticides, irrigation, mechanization, improved implements, soil conservation, institutional credit etc. in achieving the targets. Application of developed technology in the field of agriculture has improved the value of non-farm assets, non-agricultural incomes and wages, which has benefited all categories of farmers. Therefore, in this book an attempt has been made to assess and evaluate the impact of new farm technology in agricultural productivity, farm incomes and farm employment etc. in relation to different sections of the agrarian society. This book is highly useful to the students, teachers, research workers and policy makers connected with agricultural and rural development.

In a country like India wedded to the policy of planned economic development, the participation of the government, the participation of the government in the economic field, becomes imperative for supplementing the efforts of other sectors of the economy. International Trade/Marketing has become an important part of the overall economic development programmes of every country and as such the state participation in foreign trade has assumed a crucial role. India, which adopted a mixed-economic structure, had started state participation in foreign trade way back in the 1950's by establishing State Trading Corporation of India Ltd. (STC). On the one hand the STC has been entrusted with the job of promoting exports for India and on the other it has to look into the import needs of the country. The present study primarily aims at evaluating the performance of STC, which is more than thirty two years old and to ascertain the extent to which it has been able to fulfil its objectives. In this book, an attempt has been made to cover export marketing/export promotion aspects of major item exported by STC and further it also throws significant light on the operations and organizational structure of STC. It also covers overall contribution of STC to export promotion. It is hoped that, this book will be of immense use to research scholars, teachers and students.

The Committee hardly even look beyond all the fraudulence that was reported. The lesions for the future were simply ignored. While a lot of fraud was committed, what was important for posterity was how the financial sector could perform more professionally than was suggested by the massive irregularities in securities transactions. Under liberalization, the scope for irregularities was greater than under tight regulation. One must say this despite the obvious policy failures of RBI and the Union Finance Ministry and the glaring fact all the cheating had taken place with the RBI watching. The Government is committed to de-regulation of this critical segment of the Indian economy and it cannot say no to letting the various financial entities to their business with a substantial measure of freedom. While the Reserve Bank might still be around and send circulars and lay down rules-the do's and don'ts-from time to time and the additional monitoring machinery-the Board for dealing with frauds-prompted by the scan, generally one can expect the banks and other financial institutions to function largely on their own, with fewer controls. Thus, the JPC's prime task should have been to tell the Government and the different constituents of the financial sector how they should exercise the new found freedom. After all, the line of distinction between innovations and fraud is a thin one and financial agencies the world over walk on the razor's edge as it were. The essence of good management lies in not either cutting one's face or failing down. So far, the RBI, and to that extent, the Government relied on the utmost discretion exemplified particularly by the rules governing transactions in securities and use of bankers' receipts. That these were violated as a matter of course was another thing. But, under a regime of de-regulation, discretion will largely be for the diverse players to lay down and to practice.

Researchers have always tended to blame the official statistical machinery for manipulating data and not revealing the whole truth. The complaint has been that embarrassing or inconvenient facts were subjected to manipulation. But, the research community never bothered to do any introspection about its using the available statistics only to suit the own purpose, for instance, taking a time frame that was in line with what it wanted to prove and cite only such data that fitted into its scheme of things. Statistics do speak but how truthfully they do this depends as much on those who compile the date as the users. Who can forget the adage, "Lies, damn lies and statistics"? But, if statistics are worse than lies, the fault is not entirely of those who supply the basic information and who do the compiling. Researchers and others twist the statistics to suit their own conveniences are also to blame for the bad name given to statistics. There is one more adage, "give the dog a bad name and hang it" and often, this is done to statistics, and to that extent, to the statistician. Yet, the fact remains that the official machinery manipulates the available data so frequently that it is getting harder and harder to believe what goes in the name of official statistics. All talk of credibility is bunkum when, year after year, the current year's record is given a gloss that it does not deserve, by darkening the previous year's performance. When this has become an accepted policy, the economy's performance overall must be quite bad. The loss is not just to the credibility of the Government but to the economy itself.