Economic analysis of production and export of basmati rice in Haryana

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Date
2019
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CCSHAU
Abstract
Rice is an important food crop of India. India is the second largest producer of rice in the world after China. Basmati rice is a unique aromatic variety grown in our country. India exports basmati rice more than fifty countries in the world. The study was based on primary and secondary data. Primary data was collected through a survey of 120 farmers growing basmati rice in the selected two districts of Haryana. The study was conducted in Karnal and Kaithal district of Haryana in 2018-19 to study the comparative economics of production of basmati rice in the state. It was revealed that farmers in Karnal and Kaithal were selected purposively on the basis of highest area under basmati rice. Even though, the cost of cultivation was found to be higher in PB-1121 (Rs. 121911/ha.) over CSR-30 (Rs. 119320/ha.) in overall basis. Gross return was found to be higher in PB-1121 (Rs. 150836/ha.) over CSR-30 (Rs. 136820/ha.) and net returns was observed in case of PB-1121 (Rs. 28925/ha.) over CSR-30 (Rs. 17500/ha.) in overall basis respectively. The area, production and productivity of basmati rice during the year 2009-10 to 2018-19 were calculated based on secondary data collected from Agricultural and Processed Food Products Export Development Authority (APEDA), Horizon Research and Directorate of Rice Development. The results indicated that area and production of basmati rice in Haryana during the year 2009-10 to 2018-19 declined with a CAGR of negative 1.09 per cent and negative 0.59 per cent and productivity increased with positive 0.50 per cent. Similarly, in India, the area, production and productivity of basmati rice during the year 2009-10 to 2018-19 declined with a CAGR of negative 0.09 per cent, negative 2.18 per cent and negative 2.09 per cent respectively. The study attempts to analyze the basmati rice export for the period 1998-99 to 2017-18. The quantity of basmati rice exported from India was 597.76 thousand tonnes during the period 1998-99 and the same has gone up to 4056.77 thousand tonnes during the period 2017-18. The CAGR for quantity and value realization increased at 12.60 per cent and 19.45 per cent. Among the eight major basmati rice importing countries from India. Iran emerged as the largest importer of basmati rice from India, the export quantity was 877.42 thousand tonnes during the year 2017-18, constitute 21.62 per cent, followed by Saudi Arabia (19.53%), Iran (10.69%), U.A.E (10.66%), U.K (4.43%), Yemen Republic (4.13%), Kuwait (4.11%), U.S.A (3.13%) and other countries (21.83%) respectively.
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