Study of income, investment and propensity to save among the farmers in Gonda district
Govind Narain Pandey, Jitendra Ojha and Ankit Kumar Tiwari
Agriculture is the main occupation in for the rural farmers. Gonda district forms part of the eastern region of Uttar Pradesh. The topography of Gonda district is generally plain. The soil type is old alluvial. From the very beginning, agriculture is contributing a major portion to our National income. The source of income of farmers of Gonda district is agriculture and per capita income is Rs. 33,193. The per farm disposable income in Gonda district has been estimated to be Rs.33739.65. It constitutes of different sources comprising 38.11 per cent from crop production, 10.14 per cent from milk production. 24.73 per cent from farm wages, 1.28 per cent from other farm sources. The disposable income per farm is Rs. 25856.10 on marginal, Rs. 44221.58 on small and Rs. 90442.53 on medium and large farms. Farm disposable income is allocated of Rs.21840.65 as consumption expenditure and Rs. 4250.74 as investment, while the saving is negative to the tune of Rs.(-)235.29. The marginal propensity to save is 4.23 per cent at the over all level. The marginal propensity to save in marginal farmhouse holds is 0.96 per cent, in small farm households 19.88 per cent and in medium and large farm households 28.83 per cent. It shows that the saving behaviour is varying in different farm households.
How to cite this article:
Govind Narain Pandey, Jitendra Ojha and Ankit Kumar Tiwari. Study of income, investment and propensity to save among the farmers in Gonda district. The Pharma Innovation Journal. 2021; 10(11S): 91-96.