Indian Journal of Economics and Development
  • Year: 2018
  • Volume: 14
  • Issue: 4

An Economic Analysis of Vegetable Crops in Himachal Pradesh

Research Scholars, Akal College of Economics, Commerce and Management, Eternal University, Baru Sahib Via Rajgarh, District Sirmour-173101 (Himachal Pradesh)

*Corresponding author's email: baldeepeu@gmail.com

JELCodes: C18, C83, C93, I25, O13, P25, Q15, R14

Abstract

Modern inputs and production technology can help the farmers to increase income through increased yield and improve their socioeconomic conditions. Vegetables can help in improving the nutritional status of rural people. The compound annual growth rate for capsicum crop was estimated to be 3.97 per cent in area per annum which was higher as compared to other vegetables. The growth rate of lady finger production was 5.91 per cent maximum from others. Among all the vegetable crops, peas recorded the highest growth rate in productivity. The tomato for Kharif and wheat for Rabi season were the important crops grown. There was not used of tractors in cultivation on land in the study area. The main sources of irrigation in the selected area were chasma. The total family labour and hired labour for garlic was highest (523.5). The operation cost on seed and human labour for garlic crop was found to be highest. The total return for pea came out to be 0.80 lakh per acre which was lower than other vegetables. The benefit-cost ratio was highest for tomato (3.9).

Keywords

Benefit-cost ratio, compound annual growth rate, total return