Economic Affairs
  • Year: 2023
  • Volume: 68
  • Issue: 1

Economic viability of sprinkler irrigation system in southern Haryana

  • Author:
  • Indu Walia1,*, Sanjay Kumar2, Janailin S. Papang1
  • Total Page Count: 7
  • Published Online: Oct 21, 2023
  • Page Number: 533 to 539

1Department of Agricultural Economics, Chaudhary Charan Singh Haryana Agricultural University, Hisar, Haryana, India

2District Extension Specialist (Farm Management), Krishi Vigyan Kendra, Kaithal, Haryana, India

*Corresponding author: indu2995@gmail.com (ORCID ID: 0000-0002-8722-8061)

Online Published on 21 October, 2023.

Abstract

In the present paper an attempt has been made to examine the economic viability of sprinkler irrigation system in southern Haryana. The present study was conducted in the southern districts viz., Bhiwani and Rewari, selected on the basis of high rate of adoption of sprinkler irrigation system. For the selection of sample farmers, multistage random sampling technique was used. From each district two blocks were chosen purposively i.e., Tosham and Loharu in Bhiwani district and Khol at Rewari and Nahar in Rewari district. From each block, two villages were selected randomly. Further, 15 farmers were selected randomly from each village. Economic viability of sprinkler irrigation system was examined on the basis of the various indicators viz., NPV, IRR, B:C ratio and Payback period. Information regarding costs and returns of four major rabi crops viz., tomato, onion, wheat, mustard was taken from samples farmers for the year 2021–22. NPV, IRR, B:C ratio and payback period for sprinkler irrigation system was found out to be 384895.22, 57.99, 3.30 and 3 years respectively. This shows that the investment on sprinkler irrigation system was sound and economically viable.

• Study was carried out in southern Haryana districts as there is high rate of adoption of sprinkler irrigation system due to scarcity of water availability.

• Economic evaluation was carried out under the assumption that cost and returns remain constant over the entire life of sprinklers.

• The total cost incurred by the farmers in installation of sprinkler irrigation system was found out to be 148957.83 and 153811.35 and working cost observed to be 16491.48 and 14830.87 in Rewari and Bhiwani district respectively.

• Sprinkler irrigation system was observed to be economically viable in the study area as NPV came out to be positive ( 384795.22), IRR was also estimated to be 57.99 per cent, B:C ratio was also found to be greater than one (3.30) with a payback period of 3 years.

Keywords

Economic viability, Sprinkler irrigation, NPV, IRR, B:C ratio, Payback period