An Economic Analysis of Soybean Production in Rajnandgaon District  of Chhattisgarh, India

Mamta Patel; Sneha Pandey; Sumit B. Wasnik; Jwala Parte

doi:10.9734/ijecc/2023/v13i82108

Research Article Open access CC BY 4.0

An Economic Analysis of Soybean Production in Rajnandgaon District of Chhattisgarh, India

Mamta Patel, Sneha Pandey, Sumit B. Wasnik, Jwala Parte

International Journal of Environment and Climate Change · pp. 1587–1592 · Published 14 Jun 2023

10.9734/ijecc/2023/v13i82108

Abstract

The Present study is to examine An Economic Analysis of soybean Production in Rajnandgaon district of Chhattisgarh, India. The study was undertaken by taking 80 sample farmers during the year 2020-21. To collect information from the sample area, an interview schedule and survey approach were utilized. The objective was achieved by using cost concepts and income measures. The cost of cultivation of soybean was observed highest in case of large farm and lowest in case of marginal farms. The overall cost of production was Rs. 1785.71 per quintal. Gross return from soybean was found to be Rs. 68670.84 per hectare. The net return of overall farmers was observed Rs. 32135.15. The Input-output ratio was highest in case of large farmer 1:2.16 and lowest in case of marginal farmer 1:1.98. None of the soybean farmer was applying potash fertilizer to soybean crops, but it plays an important role in nodule formation. Therefore it is required that farmers should apply potash fertilizer to the soybean crop.

Cost and return input-output ratio potash fertilizer income measures

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Mamta Patel, Sneha Pandey, Sumit B. Wasnik, Jwala Parte (2023). An Economic Analysis of Soybean Production in Rajnandgaon District of Chhattisgarh, India. International Journal of Environment and Climate Change , 1587–1592. https://doi.org/10.9734/ijecc/2023/v13i82108

Affiliations

Mamta Patel — Department of Agricultural Economics, Pt. Kishorilal Shukla College of Horticulture and Research Station, Rajnandgaon, Chhattisgarh, India.
Sneha Pandey — Rajmata Vijyadeviraje Scindhia Krishi Vishwa Vidyalaya, Gwalior, Madhya Pradesh, India.
Sumit B. Wasnik — RSV College of Agriculture and Research Station, Bemetara, Chhattisgarh, India.
Jwala Parte — Department of Agriculture, Sardar Patel University Balaghat, Madhya Pradesh India.

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