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Production Know How
  • RKMP serves the generic information related to rice cultivation in more than 2500 Reusable Learning Objects (RLOs).In other words this information is not context specific and may be useful to extension workers cutting across the states (For example - principles of land levelling).
  • You will appreciate how we tagged different information (content) heads, to make your browsing effortless!
  • You may go through these RLOs using any of the following methods:
    1.  Search for a specific information object by typing a key word/ phrase. You will get to see several related links. By clicking on the links you will be directed to the content page.
    2.  While going through the links, you may feel appropriate to cross navigate to other information related to your search. Then simply, you click on the tags (terms) that appear below. You will be happy to see all the information in a sequence of upload.
    3.  Look for the other related information heads on right side box. Click on any of them to get the access the information.

08
Jul

Quality financial management in agriculture based projects

1. Financial practices are important to any enterprise and projects within agricultural organizations are no different – success can only be achieved when all activity is based on sound financial principles and quality financial management.

2. Managers must ensure that they put forward the best case possible to obtain funds and, once the funds have been allocated, they must ensure that the funds are spent according to the plan.

3. The successful manager will, at all times, know what money has been allocated to each activity, how that money is to be spent, and what money has already been spent.

4. The successful manager will be able to justify all expenditures and show that they have been made in accordance with the financial plan and the financial regulations of the organization.

5. To do this, every manager must understand the three financial operations of budgeting, accounting and audit.

Budgeting: Creation of a financial plan showing the expenditure and income expected for each activity in the project.

Accounting: Recording and reporting the actual income and expenditure.

Audit: Ensuring that all control procedures are appropriate and comprehensive and followed, particularly financial.

08
Jul

Financial management

1. Financial practices are important to any enterprise and projects within agricultural organizations are no different – success can only be achieved when all activity is based on sound financial principles and quality financial management.

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