Estimating Marigold Cultivation Costs and Returns per Hectare in Raipur District, Chhattisgarh, India
Neelam Sunil Tigga *
Department of Agricultural Economics, Sam Higginbottom University of Agriculture, Technology and Sciences, Prayagraj - 211007, Uttar Pradesh, India and Department of Agricultural Economics and Statistics, Kulbhaskar Ashram PG College, Prayagraj - 211007, Uttar Pradesh, India.
Sanjay Kumar
Department of Agricultural Economics, Sam Higginbottom University of Agriculture, Technology and Sciences, Prayagraj - 211007, Uttar Pradesh, India and Department of Agricultural Economics and Statistics, Kulbhaskar Ashram PG College, Prayagraj - 211007, Uttar Pradesh, India.
Ajay Kumar Rai
Department of Agricultural Economics, Sam Higginbottom University of Agriculture, Technology and Sciences, Prayagraj - 211007, Uttar Pradesh, India and Department of Agricultural Economics and Statistics, Kulbhaskar Ashram PG College, Prayagraj – 211007, Uttar Pradesh, India.
*Author to whom correspondence should be addressed.
Abstract
"Economic Analysis of Marigold Production in Raipur, Chhattisgarh" is the topic of the current study. The sample was chosen using a multistage random sampling design. The Raipur district's 1 Block, 5 Villages, and 80 marigold producers were all included in the study. By using the personal interview method, the main statistics for the season of 2023 were gathered. Different secondary sources were used to gather information on the region, production, and productivity. Tabular analysis was heavily used to achieve the study's numerous goals. The study's key findings showed that marigold production costs per 100 kilograms and cost of cultivation per hectare were respectively Rs. 68874.54 and Rs. 1003.16. There was a total net profit of Rs. 130258.8 per hectare. The return on investment was 1.89 rupees. Farmers' responses to the problems with marigold production, such as the high cost of fertilizers and pesticides, a lack of labor, and pest and disease attacks.
Keywords: Cost of cultivation, cost concepts, gross returns, benefit-cost ratio