Vol. 10, Special Issue 5 (2021)
Economics, resource use efficiency in groundnut and contribution of important input in production
Dr. Gopal W Khorne, Devanand S Nagre and Narayan K Bodkhe
In this study an attempt has been made to study the economics and Resource use efficiency in Groundnut production in Amravati district of Maharashtra state. The study revealed that at overall level, the per hectare cost of cultivation of summer groundnut was worked out to Rs.73737.76. It increased with increase in size of holdings from Rs.71720.4 on small to Rs.75588.97 on medium sized farms. The study also revealed that, at overall level the output-input ratio which indicates the profitability of investment was observed to be 2.37 at Cost A, 1.48 at Cost B and 1.39 at Cost C. In this study, it was observed that the explanatory variables included in the production process have explained 73, 63, 70, and 65 percent in small, medium, large and overall level respectively. It can be seen that the contribution of human labour was highest compare to the other (i.e. 105.56 percent), this indicated excess use of input because all the values of the variables are less than one hence there should be reduction in these input for efficient groundnut production.
How to cite this article:
Dr. Gopal W Khorne, Devanand S Nagre and Narayan K Bodkhe. Economics, resource use efficiency in groundnut and contribution of important input in production. The Pharma Innovation Journal. 2021; 10(5S): 86-90.