Meaning
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Generally in agricultural and livestock/ animal husbandry projects, the investment is made during different time periods and the associated benefits were also spread overtime.
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These investments and returns are not comparables as such without adjusting for their time value.
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Thus the time value of money has to be necessarily taken into reckoning in the investment analysis of agricultural projects.
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The project appraisal techniques are broadly classified under two heads namely,
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Last modified: Saturday, 2 June 2012, 7:45 AM