2023, Vol. 8, Special Issue 6
Size-class wise study on economics of sugarcane cultivation under contract farming in Vizianagaram District of Andhra Pradesh
Author(s): Sutti Shrine, AK Maiti and G Dey
Abstract: The study have been conducted in Vizianagaram district of Andhra Pradesh state with an objective of identifying economic status of sugar cane farmers under contract farming. Multi-stage simple random sampling without replacement was employed to select sample farmers from the study area. The sample farmers were divided into four categories according to the farm size from marginal farmers to medium farmers. The primary data was collected by personally interviewing each respondent. The cost concepts were used as a methodology for the study. The results states that a cost-saving trend with increasing farm size, indicative of potential economies of scale. Moreover, the crop yield and pricing information provide a comprehensive picture of the revenue generated from sugarcane cultivation. The calculated benefit-cost ratio of 1.28 suggests that this farming practice is economically favourable and has the potential to yield profits for the farmers involved.
Pages: 1265-1269 | Views: 211 | Downloads: 4Download Full Article: Click HereHow to cite this article:
Sutti Shrine, AK Maiti, G Dey. Size-class wise study on economics of sugarcane cultivation under contract farming in Vizianagaram District of Andhra Pradesh. Int J Stat Appl Math 2023;8(6S):1265-1269.