Economic Analysis of Automated Drip Irrigation System for Production of Tomato Crop
Sandeep Kumar Pandey, A.K. Jain, Rakesh Sharda, Pankaj Sharma, Abhijit Joshi
The Indian Journal of Economics and Development
Year : 2018, Volume : 14, Issue : 3
First page : ( 513) Last page : ( 520)
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.5958/2322-0430.2018.00164.6
Economic analysis of automated drip irrigation system for production of tomato crop
Pandey Sandeep Kumar1,*, Jain A.K.1, Sharda Rakesh1, Sharma Pankaj1, Joshi Abhijit2
1Department of Soil and Water Engineering, Punjab Agricultural University, Ludhiana-141004 (Punjab)
2Jain Irrigation System Limited. Jalgaon-425001 (Maharashtra)
*Corresponding author’s email: email@example.com
JEL Codes C82, L64, O13, Q15.
Online published on 27 September, 2018.
The present study was conducted to assess the response of economic analysis of wired and wireless-based automated drip irrigation system on the productivity of tomato crop. The study revealed that an automated drip irrigation system is the most efficient system, as it saves water, labour, energy, time and fertilizer use. The net income of wired and wireless-based automated drip irrigation was 140085.16 and 174078.24 per ha, respectively. However the breakeven point for wired based drip irrigation system was achieved after 15 years, without any subsidy and 10 years with 50 percent subsidy, whereas the breakeven point for wireless based drip irrigation system was achieved after 14 years without any subsidy and 6 years with 50 percent subsidy, system free for the user. In the case of wireless drip irrigation system, the benefit-cost ratio was 1.56 without any subsidy and 1.90 with 50 percent subsidy. For wired based drip irrigation system the benefit-cost ratio was 1.44 without any subsidy and 1.77 with 50 percent subsidy.
Benefit/cost ratio, breakeven point, economic viability, payback period.