An Economic Analysis of Costs and Returns of Rapeseed and Mustard Production in Morena District of Madhya Pradesh Sharma Shailendra1,*, Raghuwanshi J.S.2, Srivastava S.C.3 1ICAR-Indian Agricultural Research Institute, New Delhi-110012 2Department of Agricultural Economics and Farm Management, College of Agriculture 3Directorate of Research Services, Rajmata Vijayaraje Scindia Krishi Vishwa Vidyalaya, Gwalior-474002, Madhya Pradesh *Corresponding author email id: shailendrasharma21785@gmail.com
Online published on 19 February, 2019. Abstract The study was conducted for the purpose of an economic analysis of cost and return of rapeseed &mustard production in Morena District of Madhya Pradesh. The Category wise cost of cultivation of rapeseed-mustard was found to be Rs. 8502.27/ha, Rs. 12964.37/ha and Rs. 18608.67/ha out of which maximum share goes in to the hire of bullock and machine labour followed by rental value of land and minimum was found in plant protection measures. Average cost of cultivation of rapeseed-mustard crop was Rs. 13624.87/ha. Overall net income during the study period was observed Rs. 43289.38/ha along with 3.94:1.00 B:C ratio. The total profitability of the rapeseed-mustard cultivation was much more remunerative because of input cost technology. When we consider only variable cost then profitability from rapeseed-mustard crop was more attractive. Despite increase in cost per hectare with the increase in size of holding, profitability increases mainly due to increase in productivity and prices per quintal with the increase in size of holding. The variable cost per quintal was positively related with the size of holdings, while other costs which include fixed cost, were directly related with the size of holdings. Similarly, overall per quintal profit was observed Rs.2388.81/quintal (Cost was Rs. 811.49/quintal). The total marketed surplus of rapeseed-mustard was 50.82 quintal, which accounts for 96.67 percent of the total production. The profit per unit of volume was inversely related with the size of holding but mainly due to operational cost difference for the rapeseed-mustard crop in the study area. Input-output ratio clearly indicates that the return from investment of rupee one in the production of rapeseed-mustard gives more than one rupee return. Top Keywords Cost, Returns, Production. Top |