Economic Analysis on the Production of Turmeric in Mamit District of Mizoram
Laltlanhlua *
Department of (Ag) Agricultural Economics, Sam Higginbottom University of Agriculture, Technology and Sciences, Prayagraj, 211007 (U.P.), India.
Ramchandra
Department of (Ag) Agricultural Economics, Sam Higginbottom University of Agriculture, Technology and Sciences, Prayagraj, 211007 (U.P.), India.
*Author to whom correspondence should be addressed.
Abstract
The present study was conducted in Mamit district of Mizoram. Totally 90 respondents were randomly selected and interviewed from the district. The data was gathered in the form of a pre-structured interview schedule. The study revealed that the average cost of cultivation of turmeric per hectare was incurred Rs. 74929.55 which was found to be Rs. 78857.73, Rs. 74003.41, and Rs. 71927.53 per hectare on Small, Semi-medium, and Medium respectively.
Input-output ratio related to cost C was (1:1.49) (1:1.66) and (1:1.89) on Small, Semi-medium, and Medium farmers respectively. When compared to medium farmers small farmers employed laborers for longer hours which resulted in a higher total cost of cultivation per ha.
Keywords: Turmeric, production cost, input-output ratio, cost