Indian Journal of Economics and Development
  • Year: 2018
  • Volume: 14
  • Issue: 3

Economic analysis of automated drip irrigation system for production of tomato crop

  • Author:
  • Sandeep Kumar Pandey1,, A.K. Jain1, Rakesh Sharda1, Pankaj Sharma1, Abhijit Joshi2
  • Total Page Count: 8
  • Page Number: 513 to 520

1Department of Soil and Water Engineering, Punjab Agricultural University, Ludhiana-141004 (Punjab)

2Jain Irrigation System Limited. Jalgaon-425001 (Maharashtra)

*Corresponding author's email: pandey.vikku@gmail.com

JEL Codes C82, L64, O13, Q15.

Abstract

The present study was conducted to assess the response of economic analysis of wired and wireless-based automated drip irrigation system on the productivity of tomato crop. The study revealed that an automated drip irrigation system is the most efficient system, as it saves water, labour, energy, time and fertilizer use. The net income of wired and wireless-based automated drip irrigation was 140085.16 and 174078.24 per ha, respectively. However the breakeven point for wired based drip irrigation system was achieved after 15 years, without any subsidy and 10 years with 50 percent subsidy, whereas the breakeven point for wireless based drip irrigation system was achieved after 14 years without any subsidy and 6 years with 50 percent subsidy, system free for the user. In the case of wireless drip irrigation system, the benefit-cost ratio was 1.56 without any subsidy and 1.90 with 50 percent subsidy. For wired based drip irrigation system the benefit-cost ratio was 1.44 without any subsidy and 1.77 with 50 percent subsidy.

Keywords

Benefit/cost ratio, breakeven point, economic viability, payback period