Analysing the Compound Annual Growth Rate (CGR) of G.I. tagged Saffron, Area, Production, and Productivity in Pulwama District, Jammu and Kashmir, India
Maninder Singh
Division of Agricultural Economics and ABM, Sher-e-Kashmir University of Agricultural Sciences and Technology of Jammu, India.
Jyoti Kachroo
Division of Agricultural Economics and ABM, Sher-e-Kashmir University of Agricultural Sciences and Technology of Jammu, India.
Sudhakar Dwivedi
SKUAST, Sher-e-Kashmir University of Agricultural Sciences and Technology of Jammu KVK Reasi, India.
S.P Singh
Division of Agricultural Economics and ABM, Sher-e-Kashmir University of Agricultural Sciences and Technology of Jammu, India.
Anil Bhat
Sher-e-Kashmir University of Agricultural Sciences and Technology of Jammu, India.
Lalit Upadhyay *
KVK Reasi, Sher-e-Kashmir University of Agricultural Sciences and Technology of Jammu, India.
Rohit Kumar
Division of Agricultural Economics and ABM, Sher-e-Kashmir University of Agricultural Sciences and Technology of Jammu, India.
*Author to whom correspondence should be addressed.
Abstract
This study analyzes the Compound Annual Growth Rate (CAGR) of saffron cultivation in Pulwama District, Jammu and Kashmir, from 1997 to 2021, focusing on area, production, and productivity. The findings show significant fluctuations across five periods. Period I (1997-2001) experienced notable declines in area, production, and productivity by 15.24%, 60.19%, and 15.35%, respectively. Period II (2002-2006) saw a slight recovery, with area and production increasing by 1.53% and 3.17%, while productivity decreased by 5.50%. Period III (2007-2011) marked substantial improvement, with area, production, and productivity rising by 7.17%, 15.29%, and 13.66%. Period IV (2012-2016) had minor declines in area by 0.75%, and more significant drops in production and productivity by 6.80% and 10.93%. Period V (2017-2020) showed modest growth in area by 1.96%, and significant increases in production by 22.32% and productivity by 19.62%. Overall, from 1997 to 2021, the area decreased slightly by 1.058%, production declined by 4.66%, but productivity improved by 2.076%. These trends can help policymakers enhance the sustainability and profitability of saffron production in the region.
Keywords: CAGR, saffron, area, production, productivity