Economics of aromatic and non-aromatic rice production in Bilr District of Chhattisgarh
Abstract
The present study is based on economic analysis of aromatic and non-aromatic rice production in Bilaspur district of Chhattisgarh in 2015–2016. The primary data related to cost and returns of the aromatic and non-aromatic rice crop was collected from 30 each aromatic rice and non-aromatic rice-growing farmers of five villages of Bilaspur district under three sizes of group, each group containing 10 farmers in each class. The results showed that aromatic rice production on a sample farm was 43606.48 per ha. The proportion of the operational cost and fixed cost to total cost on sample farm was 56.75 and 43.24 percent. The average net income over cost C3 was found 38805.04per ha and in the case of small, medium and large farmer was 38457.15, 38731.98 and 39225.97 per ha respectively. The average input-output ratio was 1:1.80 percent. The cost of production of rice varied from 1243.32 to 1273.45 per q with an average of 1259.55 per q. The cost of production was found minimum in the case of small farmers. While non-aromatic rice production on a sample farm was 40214.59 per ha which increased as the farm size increased. The proportion of the operational cost and fixed cost to total cost on sample farm was 58.46 and 41.53 percent. The average net income over Cost C3 was found 29417.1 per ha and in the case of small, medium and large farmer was 26168.23, 27899.631 and 34183.45 per ha respectively. The average inputoutput ratio was 1:1.66 percent. Cost of production of non-aromatic rice varied from 838.56 to 770.65 per q with an average of 812.22 per q. It was observed that the cost of production was found minimum in large farmers revealing to the extraordinary difference between the different farm sizes.
Keywords
Aromatic and non-aromatic rice production, Benefit-cost ratio, Cost concepts, Profitability