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Vol. 12, Special Issue 12 (2023)

Economics of financial feasibility of vegetable nursery activity in Solapur district of Maharashtra

Author(s):
PM Metkari, TV Bhadre, SB Khilare, PK Bante and KA Mahadik
Abstract:
The nursery business also having some disadvantage such as initial cost is so high that poor people are not able to make it easily. It needs efficient and technical knowledge in the permanent nursery. Transportation cost is high. Sometime source of water is not available for making an ideal nursery. Nursery business is a remunerative but requires sizeable amount of capital investment. The result revealed that, the net present value of group I was ₹ 12,84,289.18 and ₹ 11,40,141.29, group II was ₹ 23,56,482.65 and ₹ 21,20,489.88, group III ₹ 11465849.58 and ₹ 10558595.65 at 12 percent and at 14 percent respectively. The internal rate of return was 29.81 percent, 31.97 percent and 37.27 percent for group I, group II and Group III respectively. The estimated payback period for group I was 3.1 years, for group II, was 2.2 and for group III was 1.5 years. The estimated break-even quantity of seedlings was found that for chilli, tomato and brinjal was 75816.80, 92469.10 and 87579.40, respectively.
Pages: 1273-1275  |  72 Views  41 Downloads
How to cite this article:
PM Metkari, TV Bhadre, SB Khilare, PK Bante and KA Mahadik. Economics of financial feasibility of vegetable nursery activity in Solapur district of Maharashtra. The Pharma Innovation Journal. 2023; 12(12S): 1273-1275.
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