An economic analysis of production of pomegranate in middle Gujarat

Abstract

The area and production of pomegranate in Gujarat is increasing noticeably from last decade.The economic$\$rviability of pomegranate cultivation has been studied in middle Gujarat. The study was based on the data collected from 90$\$rPomegranate grower spread over total 9 blocks of the Vadodara, Chhota udepur and Kheda district for the agricultural year 2013-$\$r14. Pomegranate cultivation involves high initial investment, but same time annual net return was also high. The establishment$\$rcost of pomegranate orchard was found to be Rs. 81063. The average per ha net return was found Rs. 88686 and average$\$rproduction was found 5482 kg per hectare. The value of economic parameters, viz., NPV, BCR, IRR and PBP was found Rs. 993842,$\$r3.07, 47.66 and 58 month, respectively at 10 per cent discount rate. In all the varying situations of cost and return in sensitivity$\$ranalysis, values of all these economic parameters satisfied the acceptance rules for investment proposition. This indicates that in$\$rvarying situations of cost and return, the economic viability of investment on the pomegranate cultivation was stable and certain.