International Research Journal of Agricultural Economics and Statistics

V. S. Kanugade ¹, J. J. Makadia ¹, R. T. Khatri ¹

Affiliations
1 Department of Agricultural Economics, N.M. College of Agriculture, Navsari Agricultural University, Navsari (Gujarat), IN

Abstract

This study was undertaken to determine economic analysis of production of spider lily in South Gujarat during the season 2015-16. The study was based on data collected randomly from 140 spider lily growers. Multistage sampling technique was employed for selection of sample. It analysed the cost and returns structure and economic feasibility. Simple tabular analysis, cost concepts, pay back-period, net present worth, benefit-cost ratio and internal rate of return have been used to draw the interface. The results revealed that, per acre cost of cultivation and per acre net return of spider lily were found to Rs. 112380 and 60698, respectively. Gross income, farm business income and family labour income was found to Rs.162861, Rs.111929 and Rs. 80284, respectively. The average return per rupee was worked out to Rs.1.45.. Economical feasibility test (@ 9 % discount rate) revealed that spider lily crop had higher net present value (Rs. 181938), benefit-cost ratio (1.42:1), internal rate of return >145%) and pay back period (2.12 year) which justified the worthiness of the investment. Major Bottlenecks in production were high wages rate, non - availability of labour in time, difficulties in pest and disease control etc.

Keywords

Spider Lily, Cost, Return, Economic Feasibility.

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J. J. Makadia ¹, R. T. Khatri ¹, H. H. Mistry ¹, Deepa Hiremath ¹

Affiliations
1 Department of Agricultural Economics, N. M. College of Agriculture, Navsari Agricultural University, Navsari (Gujarat), IN

Abstract

Dairy industry has traditionally been integral to India’s rural economy and thus, the country is the world’s largest producer and consumer of dairy products. Milk is an important commodity as it is a source of dairy industrial raw material and also as a nutritive food for people. Hence, the study of economics of milk production assumed a greater importance in rural areas of Navsari district particularly falling in jurisdiction of Vasudhara dairy. The present study revealed that the overall per litre cost of milk production was Rs. 34.98 per buffalo. A net return per litre per milch animal was found to be positive for the entire category. It was highest for large category (Rs. 14.54) and lowest for small category (Rs. 12.12). Return per litre of milk was more for buffalo compared to cow. Hence, buffalo is more profitable than cow in study area. The Input-output relationship over different herd size category, an investment of Rs. 1 would bring Rs. 1.39 for buffalo. Similarly, the overall return over investment for cow was found to Rs. 1.36. With regard to the disposal pattern of milk and price received by different herd size the overall milk production per year per animal was 1133.00 litres for buffalo and 1870.00 litres for cow which increased from small to large herd size group in both the cases. The overall milk income per animal per year was found to Rs. 55120/- and Rs. 54 816/- for buffalo and cow, respectively which also increased with herd size. Out of total marketable surplus for both buffalo and cow milk, the major portion was sold through co-operative milk societies while the rest was sold through private agencies milk. Although the dairy business was found to be a remunerative occupation various constraints like high feed cost followed by high cost of animals, fluctuation of milk production, high labour cost and long lactation period were the major constraints faced by the farmers.

Keywords

Milk Production, Economics, Cow, Buffalo.

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