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Vol. 11, Special Issue 9 (2022)

Relationship between prices and arrivals of pearl millet in Rajasthan

Author(s):
Suman Chaudhary and Dr. Madhu Sharma
Abstract:
The present study was devoted to an analysis of behaviour of market arrivals and prices of pearl millet in Jaipur, Alwar and Barmer districts of Rajasthan. The districts were selected purposively, as production under pearl millet crop was maximum in these districts and Jaipur district was selected for comparative study. Secondary data were used to compute the correlation co-efficient between arrivals and prices. Monthly data on arrivals and prices were taken for the period 2010-11 to 2020-21. The correlation co-efficient between monthly wholesale prices and arrivals of pearl millet during 2010-11 to 2020-21 were -0.333, -0.116 and -0.41, showing that there existed inverse relationship between the two. The correlation between arrivals and price in Jaipur market was negative and statistically significant but in Alwar and Barmer markets negative and statistically not significant. This indicated that prices of pearl millet were not only affected by arrivals, but were also affected by factors such as demand, export-potential and seasonality of the crop. Coefficient of variation was calculated to measure the variability in monthly prices. The measurement of coefficient of variations in monthly prices and arrivals of pearl millet revealed the ranged from 22.00 percent to 24.70 percent and 114.70 to 349.00 percent respectively.
Pages: 1039-1042  |  284 Views  185 Downloads
How to cite this article:
Suman Chaudhary and Dr. Madhu Sharma. Relationship between prices and arrivals of pearl millet in Rajasthan. The Pharma Innovation Journal. 2022; 11(9S): 1039-1042.

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