Vol. 12, Issue 6 (2023)

Agriculture economics means the evaluation of input output cost and the net returns obtained annually or seasonally. Agriculture economics and statistical mapping of the resources to study the efficiency of the resources comes under agriculture economics. Agriculture plays an important role in India’s economy. Agriculture is the backbone of the Indian economy. According to the population census held in 2011 depicted that the 54.6% of the total population is engaged inside the agriculture activities.

Overall the role of agriculture in GDP of India is 17.8%. Various schemes have been launched by the GOI to promote the farmers through awareness camps, FPO’s where farmer and producer engage to increase the income of the farmer. Agriculture is the backbone of the Indian economy.

So, in order to contribute toward the farmer up liftment a study made in the five villages of district Mohali they are: Battta, Bibipur, Fatehpur Thehri, Rora, Shakrullapur. The following paper on the basis of socio-profile of the farmers their agronomic practices the economics is prepared where net returns are observed in relation to input and gross returns according to different villages.

After the analysis we found that maximum number of the farmers lying under the category of less than 1 lakh the percentage of the farmers in this category is 41% and 31% of the farmers obtained the net profit in between 1-2 lakhs, about 17% of the farmers were receiving in between 2-3lakhs, and 11% of the farmers were in the category of 3-4 lakhs per hectare.

So, from this we can conclude that on an average a farmer can receive the average net profit of Rs. 1,49,400/ha. From such studies a farmer can analyse his overall input cost annually and the gross return from their differences he can estimate his net profit so it is a very convenient method to analyse farmer income efficiently.