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Economics of Banana Production in Solapur District of Maharashtra, India
Author(s) -
B. H. Rede,
A. N. Ratnaparkhe,
G. D. Rede
Publication year - 2021
Publication title -
asian journal of agricultural extension, economics and sociology
Language(s) - English
Resource type - Journals
ISSN - 2320-7027
DOI - 10.9734/ajaees/2021/v39i1130772
Subject(s) - hectare , irrigation , mathematics , fertilizer , benefit–cost ratio , crop , non invasive ventilation , agriculture , gross income , forensic science , sowing , toxicology , potash , production (economics) , agricultural science , veterinary medicine , biology , agronomy , economics , medicine , internal rate of return , ecology , macroeconomics , state income tax , tax reform , public economics
The study analyses the resource-use efficiency of banana cultivation in relation with per ha return and cost based on the information of 90 sample farmers of Solapur district, Maharashtra in 2018-19. Findings show that production level was 563.11q/ha on an aggregate level. The estimated cost of cultivation was Rs.324671.04/ha. The per hectare inputs utilized for banana at overall level were 118.58 human days, 22.67 tonnes manures, 399.60 kg N, 126.11 kg P, 720.29 kg K. Average gross income was Rs.627708.57. The gross income received in size group small, medium and large was Rs. 609142.70, Rs. 614926.70 and Rs.659056.30, respectively. The benefit-cost ratio was 1.93 at the overall level indicating highly prosperous crop. This ratio is the highest (2.06) for large size farms. Thus, the crop was found to be economically viable. The results of Cobb-Douglas production function howed that seed, manures, potassium fertilizer and irrigation had positive and significant influence on the yield of banana. The magnitude of coefficient of multiple determination (R2) was 0.92. Value of the ratio of MVP/Px was found greater than unity in case of seed, manures and irrigation indicated the underutilization of these resources. Quantity of per hectare produce marketed was maximum (99.09 per cent) for large size group and minimum in (98.88 per cent) for small size group i.e. there is no significant differences as marketing system was similar.