An Economic Analysis and Resource Use Efficiency of Sesame (Sesamum indicum L.) and Its Competing Crops Cultivation in Haryana, India

Abstract

The present study has been conducted in the Mahendergarh and Nizampur blocks of Mahendergard district and Rewari block from Rewari district of Haryana state. In order to draw meaningful inferences from data, the descriptive statistics, resource use efficiency worked out by Cobb-Douglas production function technique and constraints were identified on the basis of their rating (severe, moderate and least) in production of sesame. The results of the study showed that gross returns and return over variable cost per hectare were Rs. 47,048, Rs. 56,349, Rs. 54,948 and Rs. 26,697 Rs. 27,902, Rs. 32,575 in sesame, bajra and cluster bean, respectively. Benefit cost ratio (BCR) over total cost was accounted 1.16, 1.09 and 1.21 in sesame, bajra, and cluster bean crops respectively. It has been found that sesame provides lower returns in term of gross returns as well as returns over variable cost as compared to its major competing crops bajra and cluster bean. The regression analysis has brought out that the ratio of MVP/MFC is (>1) there exists sufficient potential in spending on fertilizers, irrigation and plant protection measures. The constraints faced by farmers indicated that the technological up gradation, effective market support (for inputs & output) were required to make sesame production a remunerative enterprise.