Indian Journal of Economics and Development
Year : 2018, Volume : 14, Issue : 2
First page : ( 260) Last page : ( 266) 
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.5958/2322-0430.2018.00128.2

An Economic Analysis of Traditional and Evolved Basmati in Punjab

Kaur Navdeep*, Sharma V.K.

Department of Economics and Sociology, Punjab Agricultural University, Ludhiana-141004

*Corresponding Author’s Email: navdeepkaur521@gmail.com

JELCodes C81, D24, Q13.

Online published on 22 June, 2018.

Abstract

The present study was conducted to examine the performance and prospects of traditional and evolved basmati rice in Punjab. The study was based on the primary data collected from Amritsar and Tarn Taran districts of Punjab during 2016–17 kharif season. Six villages were selected and 45 farmers from each district was selected growing basmati rice. Costs and returns analysis revealed that per acre total variable costs were high in traditional varieties with  15589 as compared to evolved varieties of basmati with  14315. The gross returns from traditional varieties were  36959 as compared to evolved varieties ( 40920 per acre). The returns over variable costs were  21370 from traditional varieties and  26605 from evolved varieties per acre. Thus, the evolved varieties of basmati were more remunerative as compare to traditional basmati.