Profitability Analysis of Mango Cultivation in Kangra District of Himachal Pradesh Barwal Parul, Mehta Gagan*, Sharma Subhash Department of Social Sciences, College of ForestryDr YS Parmar University of Horticulture and ForestryNauni, Solan173230Himachal Pradesh, India *Email for correspondence: gagan.mehta14@gmail.com
Online Published on 12 September, 2022. Abstract A study was carried out to investigate profitability analysis of mango cultivation. Mango is cultivated in tropical and subtropical climatic zones which are frost free. A total of 80 mango growers were selected using multi-stage random sampling technique. Descriptive statistics and financial profitability analysis were used to analyze the data. Net present value was estimated to be Rs 5,51,274.37 which indicated that mango cultivation fetched higher returns. The estimated benefit-cost ratio was 2.02 which showed that investment was feasible for the mango farmers. Average cost of cultivation during bearing stage was increasing with age between Rs 56,873.30 and 57,861.70 per hundred plants in early and main bearing stage respectively and then gradually decreased to Rs 55,536.36 in the late bearing stage. The payback period was worked out to be 8th year of plantation and internal rate of return (IRR) was 26.06 per cent. These measures clearly indicated that mango plantation in the study area was a profitable venture. Top Keywords Mango, Cost and returns, NPV, Benefit-cost ratio, IRR. Top |