International Research Journal of Agricultural Economics and Statistics

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Economics of Castor Production and Marketing


Affiliations
1 Institute of Agri - Business Management, Junagadh Agricultural University, Junagadh (Gujarat), India
2 Institute of Agri-Business Management, Junagadh Agricultural University, Junagadh (Gujarat), India
     

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The present study was carried out to analyze economics of castor production and marketing with the objectives of estimating the cost of cultivation of castor and to identify problems faced by farmers in castor production and marketing, The present study was undertaken in Rajkot district using two stage sampling technique. Primary data were collected from 100 farmers. Two talukas from Rajkot district were selected randomly viz., Dhoraji and Upleta. 50 farmers were selected randomly from two talukas selected. The statistical tools adopted for the analysis of data were net farm income method and garrett’s ranking technique.It can be concluded that in the study area, the farmers between 36 to 50 years have adopted agriculture as their profession, all farmers were married. It was found that majority of farmers lived in nuclear family. The majority of the farmers have upto 5 members in their family thus, belong to small size family, education was upto higher secondary level, annual income between Rs. 1 lakh to 2 lakh and majority of the farmers were small farmers (own land upto 2 ha). It was observed that castor production is profitable. It was observed that the major problems faced byfarmers in castor production and marketing were the insufficient/ delayed rainfall and high transport cost.

Keywords

Economic Aspects, Problems of Castor Production, Marketing.
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  • Economics of Castor Production and Marketing

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Authors

Jagruti D. Bhatt
Institute of Agri - Business Management, Junagadh Agricultural University, Junagadh (Gujarat), India
Nisha M. Thaker
Institute of Agri - Business Management, Junagadh Agricultural University, Junagadh (Gujarat), India
Payal B. Pathar
Institute of Agri-Business Management, Junagadh Agricultural University, Junagadh (Gujarat), India

Abstract


The present study was carried out to analyze economics of castor production and marketing with the objectives of estimating the cost of cultivation of castor and to identify problems faced by farmers in castor production and marketing, The present study was undertaken in Rajkot district using two stage sampling technique. Primary data were collected from 100 farmers. Two talukas from Rajkot district were selected randomly viz., Dhoraji and Upleta. 50 farmers were selected randomly from two talukas selected. The statistical tools adopted for the analysis of data were net farm income method and garrett’s ranking technique.It can be concluded that in the study area, the farmers between 36 to 50 years have adopted agriculture as their profession, all farmers were married. It was found that majority of farmers lived in nuclear family. The majority of the farmers have upto 5 members in their family thus, belong to small size family, education was upto higher secondary level, annual income between Rs. 1 lakh to 2 lakh and majority of the farmers were small farmers (own land upto 2 ha). It was observed that castor production is profitable. It was observed that the major problems faced byfarmers in castor production and marketing were the insufficient/ delayed rainfall and high transport cost.

Keywords


Economic Aspects, Problems of Castor Production, Marketing.

References