Browsing by Author "Philip Sabu"

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Asset-liability management of PACS in Kerala- a diagnostic study
(National Cooperative Union of India, New Delhi, 1999) Philip Sabu; Veerakumaran, G
Benefits of cardomom value chain actors (Planters, auctioneers, processors cum graders and exporters) towards cardamom futures
(College of Co-operation Banking and Management, Vellanikkara, 2017) Deepa R Nair; Philip Sabu
Commodity markets have occupied a very important place in the economic growth and progress of countries offering tremendous potential to market participants for both profit making and managing price risk on account of price fluctuations. With the present era witnessing increased dealings in knowledge of the agricultural produce on commodity exchanges. This chapter presents a Summary of findings based on previous analysis along with suggestions for improvement and conclusion. Cardamom is primarily marketed through auction under the control of Spices Board. Auction system was introduced for the trading of cardamom with the objective of ensuring fare price to the cardamom planters. However, auctioning has not been able to meet fully this objective. In these context futures trading in cardamom was allowed by the central Government. Futures trading provide the farmers opportunity to hedge against price risk and signal about the price trends. With cardamom futures trade having existed for almost a decade, it is worthwhile to assess the impact trading in cardamom futures has had on different participants in the cardamom value chain. Futures trading were intended to bring symmetry information across market participants. Resultantly, it is expected that the planters would be able to fetch a better price for their output, by deciding the best time to sell their harvest and also ease the channels of credit to the planter through effective implementation of warehouse receipt financing. Also, exporters would be able to hedge against input price fluctuations, get standardized input of specified quality and quantity at the right time. Overall, the power of information with middlemen has to come down resulting in reduced supply chain margins. With this objective in mind, this study is conducted to assess to the extent to which the trading in cardamom futures has realized the economic benefits with which it was introduced almost a decade back. The data required for the study were collected from 45 planters, 6 processors cum graders and 10 exporters from Idukki district. The major findings and conclusion of the study are presented in the following paragraphs.
Cardamom futures and spot markets - behavior of traders and price volatility
(College of Co-operation Banking and Management, Vellanikkara, 2017) Akhil, U; Philip Sabu
Consumer behaviour towards branded rice and rice products in Thrissur district
(Department of Rural Marketing Management, College of Co-operation, Banking and Management,Vellanikkara, 2002) Sangeetha, P R; Philip Sabu
Consumer behaviour towards selected agro-processed products -a micro level study of Thrissur District
(Department of Rural Marketing Management, College of Co-operation Banking and Management, Vellanikkara, 1999) Subhalekshmy, R; Philip Sabu
The study entitled 'Consumer behaviour towards selected agro-processed products -A microlevel study of Thrissur district' was undertaken to make a comparative analysis of the pattern of consumer behaviour towards selected agro- processed products viz; spices and condiments, processed fruits and vegetable and edibleoils and to examine the factors that influence consumer choices towards packaged agro-processed products. The study tried to make can explorative analysis on a comparative frame of the rural and urban consumers. The study was based on primary data collected from sample respond- ents using-a structured schedule. Two villages and two municipal areas representing rural and urban consumer universe of Thrissur district constituted the sample. The sample size was restricted to fifty respondents each from the two rural and two urban areas totalling two hundred. Appropriate statistical techniques like Likert scale analysis, Q-sort method, Kendall's coefficient of concordance, satisfaction index and confluence analysis method were employed for the analysis. Analysis of socio-economic profile of sample respndents showed that rural respond- ents were mainly low income groups, with primary eduction andwere unemployed. Higher income was found among urban consumers and number of employed women was also more in urban areas. Regarding nature of consumption it was observed that among the selected products Sauce is the product which was least consumed both in rural and urban areas. Edibleoils like sunflower oil and palmoil were consumed mainly by urban respondents . Average monthly household consumption of curry powder/ masalas was higher in rural ar- eas. Monthly household consumption of processed fruits and vegetables was very lower in rural and urban area. Homemade form of consumption was mostly observed in rural area for curry powder/ masalas .In the case of processed fruits and vegetables, squashes and jams were consumed mainly in branded packed form in both rural and urban areas. Regarding edible oils, majority in rural area consumed home made edible oil and loose unbranded oils. In urban areas edible oils were purchased mostly in packed unbranded form. Convinience in use and easy availability were the major reasons for purchase of branded processed products in rural and urban areas. Awareness regarding processed products was-higher in urban areas. Number of brand users was very limited among the sample in rural areas. Family decision making regarding purchase of branded processed products was mainly in the hands of wife for curry powder/masalas, children for processed fruits and vegetables, and jointly for edibleoils. Brand loyalty was more conspicuous in urban areas than rural areas. In an effort to exmine the general atttitude towards processed products, it was found that rural respndents had clear negative attitude regarding branded curry powder/ masalas However in the case of processed fruits and vegetables and edibleoils, favourable attitude existed among rural and urban consumers. In an attempt to evaluate the attributes of the products to which consumers agreed and disagreed, it was found that some similarity existed in the response pattern though variations were also found. Consumers in both rural and urban areas had apprehension about the purity of the branded curry powder/masalas available in the market. Both rural and urban consumers had the feeling that price of processed fruits and vegetable was not reasonable. For edibleoils rural and urban consumers disagreed that the product was not hazardous to health. Rural and urban respondents agreed that branded edible oil had good taste and keeping quality .No similar response pattern was observed regarding attributes which rural and urban consumers agreed, in the case of curry powder / masalas and processed fruits and vegetables. Using Q-sort piling of statements into five responses scale points, an attempt was made to make a comparison of rural and urban response pattern in terms of the various attributes of the selected products. Similarity in responses pattern in rural and urban areas was observed for many of the attributes, to which consumers strongly agreed, agreed, undecided, disagreed and strongly disagreed, though variations were observed in their response pattern in certain cases. Parameters that influenced purchase of processed products were almost similar in rural and urban areas for the selected products. Satisfaction level of brand users of processed products was reasonable i urban areas, though majority showed dissatisfaction regarding price of the products. Analysis on the influence of socio economic factors on consumption of processed products in rural and urban showed that income, educational level and awareness were the major determinants of consumer behaviour in rural areas. In urban areas, besides income, employment and awareness level, education and religion also influenced consumption of proc- essed products. The general observation from the study was that rural and urban consumer are not very similar in their behavioural patterns with regard to the use and consumption of processed products.
Efficiency in the price discovery of cardamom through e-auction
(College of Co-operation Banking and Management, Vellanikkara, 2017) Reshma Ramesh; Philip Sabu
Cardamom is one of the very important cash crops in India. Cardamom is an internationally traded commodity. The price of cardamom is subject to change from time to time depending on demand and supply. While the demand side is influenced by money and other factors which include the overall economic development, the supply side is influenced not only by economic factors but also by agro-climatic, biotic, and abiotic stress factors in the growing region. In order to regulate the players in the market and to establish systematic procedures of trade, Govt. of India in the year 1955-56 introduces manual auction system. Contrary to the expectations, the manual auction system did not result in healthy competition at the auction hall. It lacked transparency and responsibility and failed to ensure fair price to the planters as the system was prone to rigging by big traders. To overcome the problems inherent in the manual auctioning and to bring in greater transparency and accountability into the system the Spices Board introduced e-Auction system for cardamom..The first e-auction centre for cardamom in India was introduced in Tamil Nadu on 23rd August 2007 at Bodinaykanur and in Kerala, on 28th December 2007 at Puttady. Spices Board has granted license to twelve auctioneers. The licensed auctioneers conduct auctions on different days and time which are specified by the Spices Board. Spices Board has established two e-Auction centres for cardamom trading: one in Bodinayakanur in 2009 and another at the Spices Park at Puttady in 2010 The specific objectives of the study were: i) To examine the efficiency of price discovery of cardamom through e-Auction. ii) To analyse the auctioneers behavior towards cardamom futures 81 The study was undertaken in Idukki district, the major cardamom growing district in Kerala. Idukki district was purposively selected for collecting data on the marketing aspects of cardamom, given the importance of cardamom cultivation in the district. The data required for the study were collected from seven auctions, six from Puttady, Kerala e-Auction centre and one from Bodinayakanur, Tamil Nadu. And e-Auction centre Puttady. Both primary and secondary data were used for the study. The primary data were collected from the selected auctioneers through personal interview method using a structured interview schedule. The secondary data were collected from various publications of the Spices Board, Farm Guide 2016 and from e-Auction centre, Puttady. The data thus obtained were analysed using percentages, composite index, standard deviation, concentration ratio and price volatility.
Evaluation of the internal distribution channels of marine fresh fish in Quilon District
(College of Co-operation and Banking, Mannuthy, 1990) Sebastian, K J; Philip Sabu
An Evaluation of the Internal Distribution Channels of Marine Fresh Fish in Quilon District' is aimed to identify the internal distribution channels of marine fresh fish to analyse the nature, extent and trade practices of intermediaries; and to estimate the price-spread The sample frame consisted of the neighbouring markets of three landing centres and four distant markets. A sample of 86 intermediaries of various types constituted the sample of intermediaries. Two species of fish each representing the low, medium and high value species constituted the sample species of fish. It is found that there exists separate distribution channels for export, dry and fresh fish. Fresh fish markets occupied a major share (88 per cent) in marine fish distribution. There are three and four major channels of fresh fish in the neighbouring and distant markets, respectively. It is found that only oil sardines and mackerals moved through all the distribution channels. The intermediaries operating in the neighbouring markets consists of auctioneers, cycle/head-load fish distributors, women fish distributors and retailers and those in the distant markets consists of wholesalers, commission agents, cycle/head-l.oad fish distributors and retailers. There is considerable variations in the practices followed by different types of intermediaries. Marketing costs, margins, and the fishermen's share in consumers' price varies among the distribution channels and species of fish. The fishermen's share in consumer price is inversely related with the length of the distribution channels. The fishermen’s share in consumer rupee is less for low value species and high for high value species. It is observed that fishermen's share in consumer rupee is more in the channel, viz., fishermen -> auctioneer -> retailer -> consumer, for relatively large number of species.
Evaluation of the internal distribution channels of marine fresh fish in Quilon district
(Department of Co-operation and Banking, College of Co-operation and Banking, Mannuthy, 1990) Sebastian, K J; Philip Sabu
An Evalution of the Internal Distribution Channels of Marine Fresh Fish in Quilon District’ is aimed to identify the internal distribution channels of marine fresh fish; to analyse the nature, extent and trade practices of intermediaries; and to estimate the price – spread. The sample frame consisted of the neighbouring markets of three landing centers and four distant markets. A sample of 86 intermediaries of various types constituted the sample of intermediaries. Teo species of fish each representing the low, medium and high value species constituted the sample species of fish. It is found that there exists separate distribution channels for export, dry and fresh fish. Fresh fish markets occupied a major share (88 per cent) in marine fish distribution. There are three and four major channels of fresh fish in the neighbouring and distant markets, respectively. It is found that only oil sardines and mackerals moved through all the distribution channels. The intermediaries operating in the neighbouring markets consists of auctioneers, cycle/head – load fish distributors, women fish distributors and retailers and those in the distant markets consists of wholesalers, commission agents, cycle/head – load fish distributors and retailers. There is considerable variations in the practices followed by different types of intermediaries. Marketing costs, margins, and the fishermen’s share in the consumers’ price varies among the distribution channels and species of fish. The fishermen’s share in the consumer price is inversely related with the length of the distribution channels. The fishermen’s share in the consumer rupee is less for low value species and high for high value species. It is observed that fishermen’s share in consumer rupee is more in the observed that fishermen’s share in consumer rupee is more in the channel, viz., fisherman - > auctioneer - > retailer - > consumer, for relatively large number of species.
Farmers level awareness and participation in futures in cardamom market
(College of Co-operation Banking and Management, Vellanikkara, 2017) Nimisha Jose; Philip Sabu
Commodity markets have occupied a very important place in the economic growth and progress of countries offering tremendous potential to market participants for both profit making and managing price risk on account of price fluctuations. With the present era witnessing increased dealings in knowledge of the agricultural produce on commodity exchanges. This chapter presents a Summary of findings based on previous analysis along with suggestions for improvement and conclusion. Cardamom is primarily marketed through auction under the control of Spices Board. Auction system was introduced for the trading of cardamom with the objective of ensuring fare price to the cardamom planters. However, auctioning has not been able to meet fully this objective. In these context futures trading in cardamom was allowed by the central Government. Futures trading provide the farmers opportunity to hedge against price risk and signal about the price trends. With cardamom futures trade having existed for almost a decade, it is worthwhile to assess the impact trading in cardamom futures has had on different participants in the cardamom value chain. Futures trading were intended to bring symmetry information across market participants. Resultantly, it is expected that the planters would be 77 able to fetch a better price for their output, by deciding the best time to sell their harvest and also ease the channels of credit to the planter through effective implementation of warehouse receipt financing. Also, exporters would be able to hedge against input price fluctuations, get standardized input of specified quality and quantity at the right time. Overall, the power of information with middlemen has to come down resulting in reduced supply chain margins. With this objective in mind, this study is conducted to assess to the extent to which the trading in cardamom futures has realized the economic benefits with which it was introduced almost a decade back. The data required for the study were collected from 45 planters, 30 traders, 6 processors, 10 exporters and 7 auctioneers from Idukki district. The major findings and conclusion of the study are presented in the following paragraphs.
Group marketing system for fruits and vegetables in Kerala
(Department of Rural Marketing Management, College of Co operation and Banking Management, Vellanikkara, 2007) Bibin Mohan; Philip Sabu
Marketing fruits and vegetables through cooperatives an analysis of consumer behaviour
(Institute for Plantation and Horti Culture Management (INPHOM), 2000) Philip Sabu; Veerakumaran, G
Reserve management in urban co-operative banks-a case study
(NAFCUB, 2001) Philip Sabu; Veerakumaran, G; Subash, B