ECONOMIC EFFIENCY OF PUBLIC AND PRIVATE WAREHOUSES IN MAHARSHTRA� A STOCHASTIC FROINTER APPROACH

MAHESH M. KADAM; SHARAD SACHAN; R.G.DESHMUKH

Volume : VI, Issue : XII, December - 2016

ECONOMIC EFFIENCY OF PUBLIC AND PRIVATE WAREHOUSES IN MAHARSHTRA� A STOCHASTIC FROINTER APPROACH

Mahesh M. Kadam, Sharad Sachan, R. G. Deshmukh

Abstract :

Warehousing plays a very vital role in promoting agriculture marketing, rural banking, financing and ensuring Food Security in the country. It enables the markets to ease the pressure during harvest season and to maintain uninterrupted supply of agricultural commodities during off season. Hence, it solves the problems of glut and scarcity, which are the usual problems in agricultural marketing with a view, following objectives were undertaken for study feasibility and efficiency by stochastic frontier model. In Public Warehouses, It reveals that, unit increase in Working Capital, Invested Capital, Inventory, Wages of Workers and Warehousing Cost variables lead to 95 per cent increase in storage income. The unit increase in Number of Employees will leads to cent per cent increase in storage income of MSWC Warehouses. The mean efficiency in MSWC warehouses is about 64 per cent which inculcate that 37 per cent of the above inputs were not efficiently utilized in overall. In Private Warehouses, It reveals that unit increase Working Capital, Warehousing Cost, Invested Capital, Number of Employees, Wages of Workers and Inventory will increase the storage income cent per cent. The mean efficiency in Private warehouses is about 51 per cent which inculcate that 49 per cent of the above inputs were not efficiently utilised in overall