Economic Analysis of Resource Use Efficiency of Turmeric in Erode District of Tamil Nadu, India

Abstract

Turmeric, a golden spice obtained from the rhizome of the plant Curcuma longa, has been used to give color and taste to food preparations since ancient times. to increase the productivity of turmeric it’s essential to know the resource use efficiency of turmeric. Hence, the present study has taken up with the objective of to analyze the factors affecting yield of turmeric and study the factor use efficiency in turmeric. The study is based on the primary data collected from Erode district of Tamil Nadu. The primary data required for the study were collected through personal interview with the help of a comprehensive interview schedule. Results showed that 96 per cent of the variation in the dependent variable was explained by the independent variables selected for the study. The variables labour and irrigation were significant at one per cent level of probability. The variables quantity of rhizome, quantity of organic manure and quantity of inorganic fertilizer were significant at five per cent level of probability.