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Indian Journal of Economics and Development
Year : 2022, Volume : 18, Issue : 4
First page : ( 929) Last page : ( 935)
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.35716/IJED/21298

Dynamics of fenugreek production: An elixir for dryland agriculture

Ashoka N.1, Shashidhara N.2, Ravi Y.3, Sudheendra M4, Raju R.5,*

1College of Horticulture, Sirsi, Uttara Kannada-581401 (Karnataka)

2Agricultural Research Station, Gokak-591307

3ICAR-National Research Centre on Seed Spices, Ajmer-305206 (Rajasthan)

4Department of Agricultural Extension, KSNUAHS, Shivamogga-577204 (Karnataka)

5Division of Agricultural Economics, ICAR-Indian Agricultural Research Institute, New Delhi-110012 (Delhi)

*Corresponding author's email: r.raju@icar.gov.in

Online published on 4 February, 2023.

Abstract

This study estimated the growth in the area, forecast of seed demand and economics of the fenugreek enterprise by using primary and secondary data. The results indicated that India had registered a growth of 5.26 per cent per annum in the fenugreek area. In contrast, Karnataka has shown a declining trend of 7.56 per cent per annum in the fenugreek area. Following this trend, the incremental and total estimated area in India would be 6.87 and 137.31 thousand ha, respectively, which demands fenugreek seed to the tune of 3433 MT during 2022-23. An estimated Cost C3 for fenugreek production was 95, 434 per ha. In comparison, the gross and net income were to the tune of 1, 80, 137 and 84, 703 per ha, respectively, with a benefit-cost ratio of 1.89. The lack of availability of high-yielding varieties and the high wage rate were significant constraints in fenugreek cultivation.

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Keywords

Area, CAGR, Cost and returns, Growth, Seed demand.

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