Cost-Benefit Analysis of Marigold in Amritsar District of Punjab, India: An Economic Analysis

Abstract

The present study entitled “Production and marketing of marigold in Amritsar District of Punjab: An economic analysis” was carried out in Amritsar district of Punjab. The study was conducted to analyze the returns of marigold growers. For this study, total sample of 25 different sized category farmers from 6 blocks were selected in the year 2020-21. The data was analyzed using multi-variate Regression model. The study brought out that majority of the marigold growers were middle aged (41-50 years) and educated. The result of the study indicates that the overall total variable cost incurred on growing marigold was Rs. 49,519.03 per acre and was the maximum under medium farms and minimum under small farms. The maximum expenses incurred were on human labour. The data revealed that irrespective to the farms size, the net income earned by farmers was Rs. 48,934.30 per acre and were highest on small marigold growers. The overall returns of small farmers were higher as compared to medium and larger farmers. It was observed in the study that at overall the major cost was the transportation charges followed by packing charges. The regression coefficients for the factors like farm size, planting material, age and variety sown were found to be having positive and significant effect on the returns of the marigold growers.