Economic Impact of Mechanised Post Harvest Practices: A Comparative Analysis of Vivek Millet Thresher-cum-Pearler in Almora District of Uttarakhand

This study undertaken in the Almora district of Uttarakhand, has examined the economic impact of mechanized post-harvest practices of finger millet and barnyard millet. A capital budgeting technique has been used to analyze the impact of mechanised post-harvest practice (electric-motor operated Vivek Millet Thresher-cum-Pearler) over the traditional practices performed by the farmers. The study has shown that after adopting the technology, the profitability index arrived at 4.3, which was earlier in the ratio of 0.8 only. The technology seemed sound because the profitability index was more than one. The return on investment made by farmers was 0.13 before the adoption of the technology, it was found 0.70 after adoption. It indicated that the farmers were using their resources in a more efficient manner. It has been found that the internal rate of return realised by farmers was 54 per cent after the adoption of technology. Magnetism of adopted technology during its useful life was higher (54%) than before when it was realised in negative (−5%). It shows that the adopted technology involved less risk due to proper allocation of resources and use of technology available with the farmers.