An Economic Analysis of Pigeon Pea Production in Maharashtra State, India

Abstract

This study is based on "An economic analysis of pigeon pea production in districts of Maharashtra state”. The study was conducted in districts were highest area under pigeon pea cultivation in Maharashtra of India. The present study was based on primary data collected from 120 farmers in districts of Maharashtra, during the agricultural year 2021-22. The cost concepts approach to farm costing is widely used in India. To work out the cost of cultivation standard method of cost of cultivation employed by commission on Agricultural Costs and Price (CACP) Ministry of Agriculture (GOI). The directorate of economics and statistics, Government of India estimated different costs as (Cost A1, Cost A2, Cost B1, Cost B2, Cost C1, Cost C2, and Cost C3) The total cost of cultivation of pigeon pea came to ₹. 50548.17 per hectare in which the share of Cost-B2 was Rs.44708.43 (88.45 %) followed by Cost-A2 was ₹. 30053.85 (59.46 %). Per quintal average price of pigeon pea was ₹. 6198.58. Gross returns were ₹. 84345.37 in which main produce was of ₹.79465.90 and by produce ₹. 4919.02. The per hectare net profit from pigeon pea cultivation crop was gained ₹.33797.20. Hence, the cost benefit ratio was highest i.e. 1.67.