Indian Journal of Economics and Development
  • Year: 2017
  • Volume: 13
  • Issue: 2a

Impact assessment of chickpea (Chana) price forecast advice on economic status of the farmers

Department of Agricultural Economics, College of Agriculture, Swami Keshwanand Rajasthan Agricultural University (SKRAU), Bikaner-334006

*Corresponding author's email: saumitra.mathur1@gmail.com

JELCodes: C52, C53, Q12, Q13, Q15, Q16, Q18

Abstract

The study was commenced to investigate and apprehension the impact of pre sowing price forecast of Chickpea released during September, 2015. Monthly time series data on average prices of Chickpea for the period from 2006 to 2015 were collected from APMC, Bikaner. ARIMA (1, 1, 1) was used and forecasted prices were calculated. Finally an advisory was disseminated through different mechanisms. The impact assessment of price forecast was done on 20 adopter farmers of Bikaner. Thus, a significant acreage increase and an incremental income realized to the extent of 17001.6 per hectare by the farmers.

Keywords

Agricultural produce market committee, chickpea, decision making, impact assessment, price forecasting