An economic analysis of production of Isabgol and constraints faced by farmers in Rajasthan
Abstract
The study was carried out in Barmer district of Rajasthan to analyze economics of Isabgol production and constraints faced by farmers. The primary data were collected from total sample of 80 farmer's respondents. The study reveals that total cost of cultivation was higher 38407.69 per hectare on large farm, followed by 34132.15 on medium and 31281.96 on small farm and 34607.27 per hectare on overall farm. The cost of cultivation increases as farm size increase. It is observed from the result of F test p value is.001 which shows that there is statistically significant difference in cost of cultivation of Isabgol on different farm size category. The different cost on the basis of cost concept (Cost A1, A2, B1, B2, C1, C2 and C3) of Isabgol cultivation per hectare was calculated. The cost of production was found lower on large farm it was found to be 5053.64 per quintal followed by 5094.35 per quintal on medium farm, 5128.19 per quintal for small size farm which was found highest and 5092.06 per quintal for overall farm size. Farm business income, family labor income and farm investment income of Isabgol cultivation was found highest on large farm. The benefit cost ratio was found at 1.63 for overall farm size and was found to be 1.68 for large farm, 1.64 for medium farm and 1.63 for small farm. Crop damage by pest and diseases are the most important constraints faced by farmers in Isabgol production.
Highlights
The total cost of cultivation was found higher on large farm and is increases as farm size increase.
The cost of production was lower on large farm and highest on small farm.
Gross return and Net returns was higher on large farm compare to medium and small farm. Inputoutput ratio was higher on large farm.
Keywords
Isabgol, Cost of cultivation, Farm business income, Benefit cost ratio