Economic Impact of Pomegranate Research and Extension on Farm Economy
V.G. Pokharkar, C.M. Gulave and D.B. Yadav
The Indian Journal of Economics and Development
Year : 2018, Volume : 14, Issue : 3
First page : ( 497) Last page : ( 503)
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.5958/2322-0430.2018.00162.2
Economic impact of pomegranate research and extension on farm economy
Pokharkar V.G., Gulave C.M.*, Yadav D.B.
Department of Agricultural Economics, Mahatama Phule Krishi Vidyapeeth, Rahuri-413 722 (Maharashtra)
*Corresponding author’s email: email@example.com
JELCodes O33, Q10, Q12, Q16, Q19.
Online published on 27 September, 2018.
The production of pomegranate was increased by both area expansion and productivity improvement for the entire period. There is a contribution of technology and input in TFP growth even though the input indices decreased. The total economic worthiness of university released pomegranate production technology over other competing varieties of pomegranate in Maharashtra was 98616.07 per hectare. An additional investment of one rupee in pomegranate research generated additional income of 20.87 indicating investment in pomegranate research generated substantial returns to the farmers. The pomegranate growers in Maharashtra state earned gross and net economic benefit of 2883 crores and 1465 crores, respectively from improved pomegranate varieties released by MPKV, Rahuri. Therefore, it is suggested that the Government should allocate substantial funds to public research in pomegranate for productivity improvement.
Economic impact, partial budgeting, pomegranate, return to investment, total factor productivity.