Original Research Article
An economic analysis of turmeric production in Tamil Nadu, India
V. Karthik* |
J.S. Amarnath |
Article Number: DRJA17087613
DOI:
ISSN: 2354-4147
Vol.2 (6), pp. 66-76, July 2014
Copyright © 2014
Author(s) retain the copyright of this article
Abstract
The present study revealed that the cost of cultivation of turmeric per hectare was Rs. 119873.75. The gross income realized per hectare was Rs. 247754.92. The net income was Rs. 127881.17 per ha. The Cobb-Douglas production function showed that planting material, nitrogen, potash, harvesting and curing, machine hours and irrigation contributed significant influence on yield of turmeric. The technical efficiency analysis indicated the importance of harvesting and curing, and irrigation in turmeric cultivation. The positive value of NPV, BCR of greater than one and IRR of more than current bank rate revealed the financial feasibility of turmeric processing unit.
Received: October 8, 2013 Accepted: November 23, 2013 Published: July 30, 2014