Agricultural Economics Researh Review
  • Year: 2007
  • Volume: 20
  • Issue: 2

An Economic evaluation of investment on aonla (Emblica officinalis G.) in Gujarat*

  • Author:
  • V.K. Gondalia, G.N. Patel
  • Total Page Count: 10
  • Page Number: 385 to 394

Department of Agricultural Economics, B.A. College of Agriculture, Anand Agricultural University, Anand - 388 110.

1(E-mail: vkg123anand@yahoo.co.in)

2(E-mail): gnpatel1982@yahoo.co.in) respectively

* The paper forms a part of the post-graduate thesis in Agricultural Economics entitled “An economic evaluation of investment on aonla (Emblica officinalis G.) in Gujarat” (2005), submitted by V. K. Gondalia to the Anand Agricultural University, Anand - 388 110, Gujarat.

Abstract

The economic viability of aonla plantation in Gujarat has been studied through a sample of 120 aonla growers spread over 12 selected villages of the Kheda and Anand districts for the agricultural year 2003–04. It has been found that establishment of aonla orchard involves high investment, but the annual net returns are also quite high, after the third year of plantation. The values of economic parameters, viz. NPV, BCR, IRR and PBP have been found to be Rs 652652, 5.25, 65.03 per cent and 55 months, respectively at 10 per cent discount rate. Under varying cost and return situations, values of all these feasibility parameters have satisfied the acceptance rules for the investment proposition. It has confirmed the economic viability, stability and certainty of investment on aonla orchard. The study has suggested that financial institutions should give credit to aonla producers in the area.