PRICE PARITY OF MAJOR CROPS IN MAHARASHTRA

J.S. KUMBHAR¹*, A.J. AMALE^2
1Department of Agricultural Economics, Maharashtra Krishi Vidyapeeth, Rahuri, Ahmednagar, 413722, Maharashtra
²Department of Agricultural Economics, Junagadh Agricultural University, Junagadh, 362001 & Department of Agricultural Economics, Maharashtra Krishi Vidyapeeth, Rahuri, Ahmednagar, 413722, Maharashtra
* Corresponding Author : jyotibakumbhar@gmail.com

Received : 09-07-2016     Accepted : 19-08-2016     Published : 30-10-2016
Volume : 8     Issue : 52       Pages : 2408 - 2413
Int J Agr Sci 8.52 (2016):2408-2413

Keywords : Price Parity, Compound growth rates, Constant prices indices, Price-cost ratios
Academic Editor : Dr BN Kalsariya
Conflict of Interest : None declared
Acknowledgements/Funding : None declared
Author Contribution : None declared

The present investigation was based on the secondary data of the state cost of cultivation scheme, Got. of Maharashtra. The data pertains to the 18 years i.e. from 1991-91 to 2008-09 were considered for the said study. The results indicated that the indices at current and constant prices of major input for selected crops shown tremendous increase during the period under consideration. The parity indices of gross income to per quintal cost of production of jowar and wheat affected the profitability adversely. Compound growth rates (CGR) of input prices were more than double to the prices of output at MSP and FHP, except at MSP for wheat. The price-cost ratios of cereals were less than unity, indicating that output prices were not covering the costs. Thus the increase in MSP, FHP and thereby income of the crop is not sufficient to cover the cost of cultivation of all cereals.