Economic Analysis of Black Rice Production in Manipur
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Published:2023-03-17
Issue:
Volume:
Page:250-255
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ISSN:2322-0430
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Container-title:Indian Journal of Economics and Development
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language:en
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Short-container-title:Indian J Econ Dev
Abstract
The study was conducted on Manipur Organic Mission Agency (MOMA) assisted farmers in four valley districts of Manipur viz. Imphal East, Imphal West, Bishnupur and undivided Thoubal to determine the cost-benefit ratio of black rice production. The cost of cultivation was found to be 119315.98 in Imphal East, 138285.53 in Imphal West, 117816.90 in Bishnupur and 119895.60 in Thoubal districts per ha with a gross return of 164814.00, 225600.00, 164010.00 and 171600.00 respectively. The benefit-cost ratio was found to be more than one, revealing that the cultivation of black rice can be lucrative. Though the farmers were cultivating black rice on a marginal piece of land compared to regular rice, the results obtained a benefit ratio ranging from 1.81 to 3.82, suggesting that they can also go for large-scale cultivation of black rice with the commercial objective.
Publisher
The Society of Economics and Development
Subject
Economics and Econometrics,Finance,Business, Management and Accounting (miscellaneous),Geography, Planning and Development