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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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Original Research Articles

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(11): 2253-2262
DOI: https://doi.org/10.20546/ijcmas.2019.811.262


Economic Feasibility Analysis of North Western Himalayan Valley: A Case Study of Peach (Pruns persica)
Pardeep Singh*, Manoj K. Vaidya, Smriti Bansal, Ravinder Sharma  and Chandresh Guleria
Department of Social Sciences, Dr. Yashwant Singh Parmar University of Horticulture and Forestry Nauni, Solan (H.P)-173230, India
*Corresponding author
Abstract:

Peach is one of the most important stone fruit in Zone II of North Western Himalayan valley. Peach cultivating farmers was selected using multistage random sampling techniques. The production constraints and economics of peach (Prunus persica (L) Batsch.) cultivation in Himachal Pradesh have been analysed. Results revealed that the economic productive life of peach orchards has been taken up to 20 years. The internal rate of return (IRR), Modified internal rate of return, net present value, benefit-cost ratio and payback period at 12 per cent discount rate have been worked out to be 20.54 per cent, 16.00 per cent, Rs 73827.58, 1.34 and 9 years, respectively. The results also revealed that the peach orchards are worth retaining as long as they give the income of about Rs 9762 over the annual maintenance cost. The economic appraisal of investment methods has indicated that annual amortization method may be preferred, because of its simplicity, efficiency and close to real situation results. To achieve the targets of fruits production, priority should be given to proper post-harvest management, including establishment of mechanical grading, packaging, on-farm processing, cold storage and quality control measures to minimize post-harvest losses and provide remunerative prices to the peach growers.


Keywords: Cost, Return, Feasibility, Present Value and Amortization
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How to cite this article:

Pardeep Singh, Manoj K. Vaidya, Smriti Bansal, Ravinder Sharma and Chandresh Guleria. 2019. Economic Feasibility Analysis of North Western Himalayan Valley: A Case Study of Peach (Pruns persica).

Int.J.Curr.Microbiol.App.Sci. 8(11): 2253-2262. doi: https://doi.org/10.20546/ijcmas.2019.811.262