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International Journal of Current Microbiology and Applied Sciences (IJCMAS)
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National Academy of Agricultural Sciences (NAAS)
NAAS Score: *5.38 (2019)
[Effective from January 1, 2019]
For more details click here

ICV 2017: 100.00
Index Copernicus ICI Journals Master List 2017 - IJCMAS--ICV 2017: 100.00
For more details click here

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PRINT ISSN : 2319-7692
Online ISSN : 2319-7706
Issues : 12 per year
Publisher : Excellent Publishers
Email : editorijcmas@gmail.com / submit@ijcmas.com
Editor-in-chief: Dr.M.Prakash
Index Copernicus ICV 2017: 100.00
NAAS RATING 2018: 5.38

Int.J.Curr.Microbiol.App.Sci.2019.8(3): 1305-1312
DOI: https://doi.org/10.20546/ijcmas.2019.803.154


Return on Investment for Scented Rice in One of the Green Revolution Province of India
Sudhanand Prasad Lal1*, Sujeet Kumar Jha2 and Shrija Sinha2
1PG Department of Extension Education, Dr. Rajendra Prasad Central Agricultural University, Pusa, Samastipur, Bihar-848125, India
2Division of Dairy Extension, Indian Council of Agricultural Research–National Dairy Research Institute, 132001, Haryana, India
*Corresponding author
Abstract:

India is an agrarian economy where around 50 percent of their population is employed through this sector and to the contrary agriculture and allied sectors contributes only 16.4 per cent in 2017-18 to the Indian GDP. Rice is one of the three most imperative food crops in the India. The study was done during the agricultural year of 2016-2017 to analyze the differences in Return on Investment (ROI); when farmers own the land and when it is rented. Haryana is divided into 3 zones and from each zones one district was randomly selected. 60 paddy growers from each of the 3 districts of Haryana were selected randomly pooling which made an initial sample size of 180. But not all paddy cultivators were basmati grower and so 37 from Karnal, 22 from Rohtak and 9 from Rewari were the scented paddy grower and thus making the actual respondents size of 68. The study concludes that cultivation of scented rice is only plausibly profitable when the farmer own the land. It was also visible that as high as 35.80 percent of the total cost is spent by the farmer in renting the land. The ROI when land is rented is 7.89 percent; while when it is owned is 68.04 percent.


Keywords: Basmati, Haryana, Paddy, Return on Investment, Rented Land, Owned Land, B:C ratio
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How to cite this article:

Sudhanand Prasad Lal, Sujeet Kumar Jha and Shrija Sinha. 2019. Return on Investment for Scented Rice in One of the Green Revolution Province of India.Int.J.Curr.Microbiol.App.Sci. 8(3): 1305-1312. doi: https://doi.org/10.20546/ijcmas.2019.803.154