Costs, Returns, Profitability and Resource use Efficiency of Chickpea Production in Rain-fed Micro Farming Situation in Irrigated North Western Plain of Rajasthan
Pradeep Kumar *
Department of Agricultural Economics, Swami Keshwanand Rajasthan Agricultural University, Bikaner, 334006, Rajasthan, India.
I. P. Singh
Department of Agricultural Economics, Swami Keshwanand Rajasthan Agricultural University, Bikaner, 334006, Rajasthan, India.
*Author to whom correspondence should be addressed.
Abstract
An investigation on cost, returns, profitability and resource use efficiency of chickpea production was conducted in Hanumangarh district of Rajasthan, India in 2018-19. A sample of 50 farmers from Nohar tehsil of Hanumangarh district were interviewed to collect relevant information related to various expenses incurred in the cultivation of chickpea. In all 50 cultivators were selected for present study with equal distribution in small, medium and large groups. The techniques like cost concept of cost-A, cost-B and cost-C and Cobb-Douglas production function used for resource use efficiency. The results revealed that cost total cost of per hectare was small, medium and large farms Rs.17911.68, Rs.18982.34 and Rs.19990.89 respectively. The output-input ratio on C3 cost was 2.35 on small farm followed by that of 2.55 and 2.72 on medium and large farm, respectively. Coefficient of multiple determinations (R2) in the fitted Cobb-Douglas production function was use for resource use efficiency, R2 was found 0.665 indicating the included variables explained 66 per cent variations in dependent variable.
Keywords: Cost concept, resource-use efficiency, gross returns