Economic Impact of Turmeric Processing in Middle Gujarat
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Author: Ganga Devi and Roshni Bhoi
Author Address: Department of Agricultural Economics, B.A. College of Agriculture, Anand Agricultural University, Anand-388110
Keywords: Comparative economics, non-processed, processed, resource use efficiency, turmeric
JEL Codes: C10, C21, C81, C83, D13, D24, D57, D61
Abstract
The present study was carried out to compare the economic aspects of processed and non-processed turmeric farmers in middle Gujarat for 120 each processed non-processed respondents using primary data during 2017-18 and 2018-19. The results indicated that the total cost per hectare, including processing charges, was higher for processed (` 210887 per ha) than non-processed farmers (`170922 per ha). However, a significant difference was observed in price per unit, gross return, the net return, and benefit-cost ratio realized by the farmers who were selling the produce in powder form as compared to fresh, thus made a significantly higher profit in processed than non-processed. The sum of elasticity coefficients for both the categories was more than one indicating increasing returns and operating in the first zone of production.
Description
Indian Journal of Economics and Development
Volume 18 No. 2, 2022, 303-312
DOI: https://doi.org/10.35716//IJED/21165
NAAS Score: 5.15 (2022)
Indexed in Clarivate Analytics (ESCI) of WoS
Indexed in Scopus (SJR: 0.18)
UGC Approved (UGC-Care List Group II)