An Economic Analysis of Gladiolus growing in Himachal Pradesh

Gladiolus is the most important floriculture crop in Himachal Pradesh. Gladiolus flowers are in demand for their elegant attractive spikes of different hues and good keeping quality. To become popular floriculture crop, the production of gladiolus should be economically viable especially in long run. The paper aims to analyse the economic viability of gladiolus production in Himachal Pradesh. Relevant data were collected through personal interview from purpose random selected sample of 20 farmers. The budgeting technique like Net Present Value, Internal Rate of Return and Benefit Cost Ratio were applied to assess the economic viability of gladiolus production. The results show that production of gladiolus is economically viable in Himachal Pradesh.