Author: Ankita Rajput and Gourav Kumar Vani
Author Address: Research Scholar and Assistant Professor (Agricultural Economics), College of Agriculture, Jawaharlal Nehru Krishi Vishwavidyalaya, Jabalpur-482004 (Madhya Pradesh)
Keywords: Breakeven output, land-equivalent, trend, yield
JEL Codes: D24, D25, N55, Q15, Q18
Madhya Pradesh, one of the largest states in
the country, has been lagging in private investment in agriculture since the
2000s. To investigate the reasons for this decline, breakeven analysis coupled
with trend analysis was carried out using plot-level secondary data from DES,
India, for the period 2000-01 to 2016-17 for sorghum, cotton, maize,
chickpea/gram, black gram, red gram, lentil, rapeseed and mustard, soybean,
paddy and wheat crops. The results revealed that the cotton, soybean and black
gram were unsuitable for farmers with inadequate means while lentil was the
most stable crop. Rice-wheat and Cotton-gram cropping pattern was found to be
risky. Red gram, gram, sorghum, paddy, mustard, soybean and black gram had a
horizontal trend of break-even output. Wheat was the only crop with a negative
trend of breakeven output. Important policy suggestions include the adoption of
custom hiring of machinery and rigorous yield improvement programmes for paddy,
sorghum and maize.
Indian Journal of Economics and Development
Volume 17 No. 4, 2021, 895-902
DOI: https://doi.org/10.35716/IJED/21068
NAAS Score: 5.15
Indexed in Clarivate Analytics (ESCI) of WoS
Indexed in Scopus
UGC Approved