Income and expenditure pattern of farmers in Amritsar district of Punjab

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Date
2019
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Punjab Agricultural University, Ludhiana
Abstract
The present study was designed to examine the income and expenditure pattern of farmers in Amritsar district of Punjab during 2018-19. By using three stages random sampling technique, a total sample of 90 farmers covering, three blocks and six villages of Amritsar district of Punjab was taken for ultimate analysis. The overall family size of all categories of farmers was 5.20 persons per family. The study revealed that average operational area in case of marginal, small, semi-medium, medium and large farms was 1.91, 4.17, 8.52, 15.68 and 34.02 acres, respectively. Crop production and dairy farming were the main sources of income of the sampled farmers. The net income obtained from farm and non-farm sector was found to be ₹ 184318, ₹ 333588, ₹ 608021, ₹ 858989 and ₹ 1371378 for marginal, small, semi-medium, medium and large farmers, respectively. Income from non- farm source has not been a major contribution to the net income of farm households. The annual consumption expenditure was found to be ₹ 161890, ₹ 244265, ₹ 424938, ₹ 611822 and 808518 for marginal, small, semi-medium, medium and large farmers respectively. The total cost (fixed and variable) incurred on the farm was found to be was ₹ 106386, ₹ 199173, ₹ 398625, ₹ 730717 and ₹ 1720786 for marginal, small, semi-medium, medium and large farmers respectively. The savings of marginal, small, semi-medium, medium and large farmers was found to be ₹ 22428, ₹ 89322, ₹ 183083, ₹ 247166 and ₹ 562859 respectively. As the farm size increased the saving were also increased in same pattern. The study concluded that farmers need to initiate the farm allied activities and off farm projects to increase their income.
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