NCERT Class 9 Economics Chapter 1: Story of Village Palampur Youtube Lecture Handouts

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NCERT Class 9 Economics

Chapter 1: Story of Village Palampur

Theme is Production

  • Resources combine to produce goods & services

  • Palampur – Well Connected – to Raiganj & Shahpur

  • 450 families – 80 (upper caste – large house - Pucca), 1/3rd (SC – small house in corner – mud & straw)

  • Has electricity connection

  • 2 Schools

  • Hospital – 1 PHC (Govt) & 1 Private

Production – Fundamentals

  • Production – Farming or Non-Farming

  • Aim – To get goods & services

  • 4 Factors of Production

    • Land

    • Labor – Manual & educated

    • Physical Capital

    • Fixed – Use for many years – Tools, Machines, Buildings

    • Working – Raw Material & Money – Used up in process

  • Human Capital – Knowledge & Enterprise

Land

  • Fixed & Scarce – 75% in Farming – No Expansion; Wasteland to Cultivable Land

  • 1 hectare = 100 sq. meter, also in bigha, guintha

  • Grow More – Rainy Season – Jowar & bajra – Kharif; Winter –rabi –Wheat – Sowed; Oct-Dec - Potato (3 Crops due to Irrigation – Persian Wheel, Tubewells) – MULTIPLE CROPPING – HYV seeds, fertilizers & pesticides; traditional farming – cow dung as manure

  • Land – Sustain: Deplete water table; chemical fertilizers harm fauna; highest consumption of chemical fertilizer in Punjab

  • Land Distribution: Small scattered plots

Image of Cultivated Area And Number of Farmers

Image of Cultivated Area and Number of Farmers

Image of Cultivated Area And Number of Farmers

Labour

  • Abundant

  • Hard Work & Manual Input

  • Tractors for Ploughing

  • Harvesters for Harvesting

  • Threshers for Threshing

  • Wages – Cash/Kind/Meals

  • Problem with landless farm labourer – Employment (Daily/Seasonal)

Physical Capital

  • Small farmers - Borrow money from large farmers/ moneylenders/ traders – High rate of interest – 80% of total farmers

  • Medium & Large farmers – Have savings

  • Sell surplus produce – Either repay loan or add saving (buy equipment's for farm/cattle/non-farm activity - fixed capital)

Non-Farm Activity – Only 24% in Villages

  • Dairy – feed buffalo with grass, jowar or bajra

  • Small Scale manufacturing – Simple equipments – at home, family labour, rarely hire labourers

  • Trade – Shopkeepers

  • Transport Services