Assessment of Compound Growth Rate and Economic Analysis of Production of Cotton in Bemetara District of Chhattisgarh, India

Deepak *

Department of Agricultural Economics, College of Agriculture, IGKV Raipur, Chhattisgarh- 492012, India.

Mukesh Kumar Seth

Department of Agricultural Economics, College of Agriculture, IGKV Raipur, Chhattisgarh- 492012, India.

*Author to whom correspondence should be addressed.


Abstract

The study was entitled compound growth rate and economic analysis of cost of production of cotton in Bemetara district of Chhattisgarh, India. Owing to maximum area under cotton cultivation in the district Bemetara were purposefully chosen for study. A multistage sampling was applied and a total 56 cotton farmers were selected for data collection in the year 2021-22. The appropriate tabular and percentage method were the statistical tools used for data analysis. To estimate the growth rate of area, production and productivity of the cotton in Chhattisgarh and Bemetara district was found increasing but non-significantly. The study revealed that average total operational area was 16.68 ha. the average cropping intensity was found to be 198.38 per cent. The total cost of cultivation of cotton was observed highest in case of large farms in compared to marginal farms. The overall cost of cultivation was Rs. 97887.50 per hectare. The overall cost of production was Rs. 3322.72 per quintal. Gross returns from cotton was found to be Rs. 274676 per hectare. The net returns of overall farmers was observed Rs. 176788.50 per hectare. Benefit-cost ratio was ranging from 1.73 to 1.83 with respect to the farm size.

Keywords: Cotton, compound growth rate, cost of cultivation


How to Cite

Deepak, & Seth , M. K. (2024). Assessment of Compound Growth Rate and Economic Analysis of Production of Cotton in Bemetara District of Chhattisgarh, India. Asian Journal of Agricultural Extension, Economics & Sociology, 42(5), 177–186. https://doi.org/10.9734/ajaees/2024/v42i52425

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