Author: Jaswinder Kaur
Author Address: Assistant Professor, University College, Chunni Kalan, District Fatehgarh Sahib-140 406 (Punjab)
Keywords: Fixed cost, price, returns, total cost, variable cost.
JEL Codes: P22, Q13, D23.
In
Punjab, rice is a cash crop commercially cultivated primarily for sale. The
recorded paddy yield in the Ludhiana district was 31.67 q per acre, which
farmers sold at a market price of 1450 per q in 2015-16. The gross return per
acre was found to be 45921.5. The recorded paddy yield in the Patiala district
was 27.08 q per acre, and gross return per acre was found to be 39266. The
return over total cost was also higher in the Ludhiana district due to the
higher yield. Output-input ratio in Ludhiana and Patiala districts were 1.23
and 1.13, respectively. It indicated that farmers in the Ludhiana district were
more efficient in using their inputs than in the Patiala district. The total
variable and fixed costs in Punjab were estimated at 16472.5 and 19677.5,
respectively. The average yield of paddy crop per acre was estimated to be
29.38 q, and the average gross return was estimated to be 42601 per acre. The
return was high in the case of paddy crops as compared to other Kharif crops in
Punjab.
Indian Journal of Economics and Development
Volume 18 No. 3, 2022, 714-720
DOI: https://doi.org/10.35716/IJED/21330
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)