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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 (2020)
[Effective from January 1, 2020]
For more details click here

ICV 2019: 96.39
Index Copernicus ICI Journals Master List 2019 - IJCMAS--ICV 2019: 96.39
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 2018: 95.39
NAAS RATING 2020: 5.38

Int.J.Curr.Microbiol.App.Sci.2020.9(5): 1299-1307
DOI: https://doi.org/10.20546/ijcmas.2020.905.144


Establishing a Model Custom Hiring Center: A Feasibility Study at Kandi Mandal
Nagaraj*, Ch. Srilatha, S. Vikram, M. Venkatesh and Ch. Prameela
College of Agricultural Engineering, Sangareddy, Telangana-502001, India
*Corresponding author
Abstract:

The present study was conducted in Kandi Mandal of Sangareddy district in Telangana state with objective of analyzing the cost of establishing a model custom hiring center in the study area with required machinery and its economic feasibility. The secondary data regarding the land holdings were collected from the Mandal Agricultural Office, Kandi and District Agricultural Office, Sangareddy. Secondary data about machinery and their prices were collected from Telangana State Agro Industries Development Corporation Limited (TSAIDCL), Hyderabad. Tabular analysis and discounted project evaluation techniques were used to worked out the establishment costs and returns and economic feasibility of the model CHC respectively. Based on the parameters like cropping pattern, soil type and land holdings the suitable type of implements and machinery were selected. The costs of the selected machinery and implements with and without subsidy were calculated and also the gross expenditure and gross income based on 100, 75 and 50 percent utilization of the services from the model CHC were also calculated. From the analysis it was found that the total cost of establishing a model CHC along with shed stood at Rs 70.4 and 37.45 lakhs without and with subsidy respectively. The gross income realized from the model CHC were Rs. 34.81, 26.11 and 17.41 lakhs and Rs.25.10,18.83 and 12.55 lakhs and the net income realized from the model CHC were Rs 13.81, 10.36, 6.90 lakhs and 7.37, 5.53 and 3.69 lakhs without and with subsidy at100,75 and 50 percent utilization of services of machinery and implements respectively. The Net Present worth (NPW) was found positive and the Benefit Cost Ratio was more than unity at both 10 and 12 percent discount rates. The Internal Rate of Returns was found to be 14.76 percent and 14.83 percent without and with subsidy respectively which was higher than the bank rate of interest (7%) on long term loans.


Keywords: Machinery,economic feasibility,cropping pattern,soil type
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How to cite this article:

Nagaraj. B, Ch. Srilatha, S. Vikram, M. Venkatesh and Ch. Prameela. 2020. Establishing a Model Custom Hiring Center: A Feasibility Study at Kandi Mandal.Int.J.Curr.Microbiol.App.Sci. 9(5): 1299-1307. doi: https://doi.org/10.20546/ijcmas.2020.905.144