COST STRUCTURE AND PROFITABILITY OF FINGER MILLET

V.B. TANDEL¹*, V.M. THUMAR², NARENDRA SINGH³, P.V. GAMIT^4
1Department of Agricultural Economics, N.M. College of Agriculture, Navsari Agricultural University, Navsari, 396450, Gujarat
²Planning Officer, Directorate of Research, Navsari Agricultural University, Navsari, 396450, Gujarat
³Department of Agricultural Economics, A.C.H.F., Navsari Agricultural University, Navsari, 396450, Gujarat
⁴Department of Agricultural Economics, N.M. College of Agriculture, Navsari Agricultural University, Navsari, 396450, Gujarat
* Corresponding Author : vishal.tandel2164@gmail.com

Received : 26-12-2017     Accepted : 25-02-2018     Published : 28-02-2018
Volume : 10     Issue : 4       Pages : 5196 - 5198
Int J Agr Sci 10.4 (2018):5196-5198
DOI : http://dx.doi.org/10.9735/0975-3710.10.4.5196-5198

Keywords : Fixed cost, Variable cost, Output and returns, Cost-benefit ratio
Academic Editor : Dr Zheko Radev, Parameswaranaik J, L. Y. Aktas, I. Aygun
Conflict of Interest : None declared
Acknowledgements/Funding : Author thankful to N.M. College of Agriculture, Navsari Agricultural University, Navsari, 396450, Gujarat for research funding. All authors are thankful to farmers for their valuable cooperation.
Author Contribution : All author equally contributed

The study examined the economics of finger millet production in South Gujarat region. From South Gujarat region two districts namely Valsad and Dang were selected purposively, subsequently 3 and 2 taluks from Dang and Valsad districts were selected respectively and from each taluka 5 village were selected by Probability Proportionate Sampling (PPS) method and from each village 6 farmers by simple random sampling (SRS) method. Thus, total sample size was 150 finger millet growers. From this study it was observed that, the commercial cost of cultivation (cost C3) worked out to be Rs.23727.48 per hectare. Cost A1/A2, cost B1, cost B2, cost C1 and cost C2 were Rs.9334.67, Rs.9370.09, Rs.13170.44, Rs.17770.09 and Rs.21570.44 per hectare respectively. The Cost-benefit ratioin the cultivation of finger millet was estimated for cost A1/A2, cost B1, cost B2, cost C1, cost C2 and cost C3 were 2.54, 2.53, 1.80, 1.33, 1.10 and 1.001 respectively.

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