Users online: 4635     
Email id

Economic Affairs
Year : 2014, Volume : 59, Issue : 3
First page : ( 363) Last page : ( 378)
Print ISSN : 0424-2513. Online ISSN : 0976-4666.
Article DOI : 10.5958/0976-4666.2014.00005.9

Economics of Production and Marketing of important Medicinal and Aromatic Plants in Mid Hills of Himachal Pradesh

Guleria Chandresh*, Vaidya Manoj Kumar, Sharma Ravinder, Dogra Devender

Department of Social Sciences, Dr Y S Parmar University of Horticulture & Forestry, Solan- 173 230, Himachal Pradesh, India

*Corresponding author: guleriachandresh88@gmail.com

Online published on 11 November, 2014.


Himachal Pradesh has a rich diversity of medicinal and aromatic plants. These plants have good potential of generating income. Owing to its natural habitat the economics of production of some important medicinal and aromatic plants (MAPs), has been examined based on the field level information from the state of Himachal Pradesh. This study was designed to appraise multistage random sampling technique to select the sample of 50 farmers cultivating MAPs. Local and distant markets were selected purposively for conducting marketing study. A total sample of five traders from local markets and five wholesalers from Amritsar market was drawn randomly from the selected markets dealing in MAPs. Cost of cultivation of these medicinal plants was calculated and the financial tools like NPV, BCR, and IRR were applied to determine the financial feasibility of the plantations. The analysis revealed that the net return per hectare was maximum from Stevia ( 173627.29), followed by Safed Musli ( 85462.01), Aloe vera ( 63832.29) and Lemon grass ( 43325.69). The benefit–cost ratio was found to be in the similar trend i.e., Safed Musli (1.30), followed by Stevia (1.27), Aloe vera (1.22) and Lemon grass (1.19). However, the internal rate of return was found to be highest in case of Lemon grass (40%), followed by Aloe vera (36%) and Stevia (32%). Hence the cultivation of MAPs seems to have good returns which farmers can opt instead of growing other plants.



Medicinal & aromatic plants, Aloe veraStevia, Lemon grass and Safed musli.


║ Site map ║ Privacy Policy ║ Copyright ║ Terms & Conditions ║ Page Rank Tool
361,638,556 visitor(s) since 30th May, 2005.
All rights reserved. Site designed and maintained by DIVA ENTERPRISES PVT. LTD..
Note: Please use Internet Explorer (6.0 or above). Some functionalities may not work in other browsers.