Estimation of cost of production and income over different cost of soybean in the agroclaimetic zone Chhattisgarh plain
Chandresh Kumar Dhurwey, Ravi Shrey, Vijay K. Patel
Abstract
Chandresh Kumar Dhurwey, Ravi Shrey, Vijay K. Patel
Abstract
This study aimed at identification and estimation of cost components of soybean production as well as assessing its profitability under Soybean growers in Agro climatic zone of Chhattisgarh plain. The selected sampled districts namely Kabirdham, Rajnandgaon and Bemetara, The study relied mainly on primary data obtained by questionnaire and interview on a total number of 300 farmers across three district that constitute the plain zone of Chhattisgarh state. The average yield of soybean in the study area was 12.73 quintal per hectare which showed very satisfactory in respect to average yield of Chhattisgarh i.e. about 8.11 quintal per hectare. Over all, on an average the cost of cultivation per hectare of soybean was found to be ₹ 25579.22 per hectare. The overall gross return and net return was found to be Rs.36230.96 and Rs. 10651.74 respectively and the overall B-C ratio was observed 1.42. The incomes over different cost were also worked out. The average income over cost A1, Cost A2, cost B1, cost B2, Cost C1 Cost C2, and Cost C3 were calculated as ₹ 20093.77 ₹20093.77 and ₹19827.83 ₹14212.76 ₹ 16830.95, ₹11215.88, ₹8714.37 respectively.
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This study aimed at identification and estimation of cost components of soybean production as well as assessing its profitability under Soybean growers in Agro climatic zone of Chhattisgarh plain. The selected sampled districts namely Kabirdham, Rajnandgaon and Bemetara, The study relied mainly on primary data obtained by questionnaire and interview on a total number of 300 farmers across three district that constitute the plain zone of Chhattisgarh state. The average yield of soybean in the study area was 12.73 quintal per hectare which showed very satisfactory in respect to average yield of Chhattisgarh i.e. about 8.11 quintal per hectare. Over all, on an average the cost of cultivation per hectare of soybean was found to be ₹ 25579.22 per hectare. The overall gross return and net return was found to be Rs.36230.96 and Rs. 10651.74 respectively and the overall B-C ratio was observed 1.42. The incomes over different cost were also worked out. The average income over cost A1, Cost A2, cost B1, cost B2, Cost C1 Cost C2, and Cost C3 were calculated as ₹ 20093.77 ₹20093.77 and ₹19827.83 ₹14212.76 ₹ 16830.95, ₹11215.88, ₹8714.37 respectively.
Key concepts: Hectare, Mathematics, Production cost, Total cost, Benefit–cost ratio, Yield (engineering), Production (economics), Agricultural science