Year: 2022 | Month: September | Volume 67 | Issue 4
Economics of Lemongrass Cultivation in Jharkhand State
Ram Suresh Sharma
Yogesh Kumar
Rushikesh N. Bhise
H.P. Singh Choudhri
Deepak Kumar Verma
Ramesh Kumar Srivastava
Sanjay Kumar
DOI:10.46852/0424-2513.4.2022.16
Abstract:
The present study was carried out to study the cost of cultivation and returns from lemongrass, oil bearing aromatic crop using different cost concepts, estimated from primary data collected from 75 cultivators. The cost of cultivation was calculated using operating expenses (Cost A1) at ` 51,713, while considering all types of costs (Cost C3) it reached to ` 68691 per hectare. The gross returns from cultivation of lemongrass in a hectare was found at ` 1,40,000 hectare, while net return over Cost A1 and Cost C3 was estimated at ` 71309 and ` 88287, respectively. The B: C ratio over cost A1 and cost C3 was calculated as ` 1.71 and ` 1.04, which indicated that lemongrass cultivation is profitable venture in the study area. Estimation of a regression model indicated positive and significant influence of expenditure on machine use, lemongrass slips and manures/ fertilizer on returns from lemongrass. There are two channels for marketing of lemongrass oil, i.e. (i) producer-local buyer-industry, and (ii) producer- industry. It was observed that marketing cost and price spread was higher in channel-I due to more number of intermediaries. The lemongrass cultivator can ease their marketing activities and enhance income through formation of cooperative society.
Highlights
- Cost of cultivation of lemongrass considering all cost components (Cost C3) was found to be ` 68691 with net return of ` 88287 per hectare.
- The benefit cost ratio considering all cost concepts were found to be positive, indicating economic feasibility of lemongrass cultivation in the study region.
- There are only two marketing channels involved in marketing of lemongrass in the study area.
© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited
Print This Article Email This Article to Your Friend
