ECONOMIC ANALYSIS OF HARAR (Terminalia chebula) CULTIVATION IN ZONE I OF HIMACHAL PRADESH

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Date
2020-11
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NAUNI,UHF
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ABSTRACT The present study entitled “Economic analysis of Harar (Terminalia chebula) cultivation in zone 1 of Himachal Pradesh”. A sample of 60 Harar farmers was selected using simple random sampling. The farmers were categorized on the basis of their total land holding as marginal (<1 ha), small (1-2 ha), medium (>2 ha). Results of the study revealed that overall literacy rate was found 91.37 per cent with literacy index of 2.68 indicating average standard of education. Average operational area was found to be 1.02 ha, in which Harar plantation was 0.41 ha for the sampled farms. The cropping intensity was worked out to be 152.94 per cent which indicates that there is a scope for increase in farm efficiency. Harar crop contributed to total household income ranging from 30.04 per cent in marginal farmers to 21.39 per cent in medium farmers. The initial cost of plantation per 100 plants was worked out to Rs. 23853.00 at overall farm category level, which ranges between Rs. 22994.00 in marginal category to Rs. 25326.00 in medium category farms. The maintenance cost of nonbearing plants was found to be Rs. 21097.75, Rs. 24419.57.00, Rs. 31263.15, in the first to third year respectively at overall farm category level. Maintenance cost during bearing stage increased with the age of plantation from Rs. 38898.26 to Rs. 42015.61 per hundred plants in the age groups of 4-10 and 10-20 years respectively and then gradually decreased to Rs. 41028.66 in the age group of 20-25 years of plantation age. The proportion of variable cost ranged from 63.41 to 65.67 per cent in different years and share of fixed cost varied 34.33 to 36.53 per cent in the total cost. The average returns in term of money value was highest in case of medium farms i.e. Rs. 133738.56 followed by marginal farms Rs. 129842.56 and small farms Rs. 128017.95. The payback period worked out to be 6 years. Benefit-cost ratio was estimated to 2.23, Internal rate of return (IRR) 37.20 per cent and net present value Rs. 433778.4. These measures clearly indicated that Harar cultivation in the study is a profitable venture. The sensitivity analysis was carried out at the discount rate of 6 per cent, 10 per cent and 15 per cent. Benefit-cost ratio was found to be greater than one and net present value was found positive with increases in costs and decreases in returns 5 per cent and 10 per cent respectively for all the farm categories. Non-availability of the labour at peak operation time, lack of timely availability of inputs and quality planting material and lack of technical knowledge about diseases management, far-off market, non availability of transportation for low volume produce and high transportation charges, lack of inadequate market for NTFPPs and market information were some of the production and marketing problems faced by the farmers in the study area.
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