Indian Journal of Economics and Development: Forthcoming Issue

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An Economic Evaluation of Aonla Candy Processing Unit

500.00

K.G. Sonawane*, V.G. Pokharkar, and R.R. Nirgude

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Aonla is one of the oldest Indian fruits and considered as “Wonder fruit for health” because of its highest nutritive with a great medicinal use. The processed product viz; Aonla candy was selected for study as it is produced and marketed on large scale at jurisdiction of University. The quantity of Aonla used for processing was 2591 kg. The investment on building was the major cost of fixed capital (20.70 per cent). The Total variable cost was `112136.50. The per Kg cost of Aonla candy processing was estimated to `116.90. Aonla candy was profitable with a net profit of `63763.50. The benefit- cost ratio was 1.54 in Aonla candy processing. The added gross returns and net returns were `130070 and `63763.50, respectively. The ICBR ratio was 1.96.Aonla candy processed was much higher than that the quantity required for break-even. It is therefore inferred that, the performance of processing the Aonla candy was satisfactory and it is a profitable processing unit. The benefit cost ratio in Aonla candy processing was 1.54 at counter sell indicated that each rupee invested fetched higher returns from these processed products. It is therefore recommended to commercialize the processing of value added product viz; aonla candy and make it popular in domestic and urban market at University level or through Public Private Partnership (PPP) mode.

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