ECONOMIC AND FINANCIAL FEASIBILITY OF POMEGRANATE CULTIVATION IN CHITRADURGA DISTRICT OF KARNATAKA
Journal Title: International Journal of Agricultural Science and Research (IJASR) - Year 2017, Vol 7, Issue 1
Abstract
India is one of the leading countries in pomegranate production with more than 1.32 lakh ha area is under pomegranate cultivation. Where in, Karnataka is the second largest pomegranate producing state which accounting for 19.2 per cent of total production in the country. Hence, the study was carried out to analyse the economic and financial feasibility of pomegranate cultivation in Chitradurga district of Karnataka. The results revealed that, the total establishment cost of pomegranate orchard per ha was Rs. 4,44,034. The annual total cost incurred by farmers to maintains the pomegranate orchard in study area was of Rs. 3,05,106. The average quantity of pomegranate fruit yield per ha was 9.71 mt. The gross returns were Rs. 5, 97,359. The net returns per hectare was of Rs. 2, 92,253 per year. The net present value of net returns of the project discounted at the opportunity cost of capital at 8 per cent was positive of Rs. 12,80,134. The B:C ratio was 1.60 and IRR was 65 per cent in the study area. The payback period was 1.68 year for the pomegranate orchards in Chitradurga district.
Authors and Affiliations
SAHANA R. T, VENKATAMANA M. N, ANITHA S.
Keywords
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