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Evaluation of Adoption of Precision Farming and its Profitability in Banana Crop

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Denny Franco, Dharam Raj Singh and K.V. Praveen

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Indian Journal of Economics and Development
Year : 2018, Volume : 14, Issue : 2
First page : ( 225) Last page : ( 234) 
Print ISSN : 2277-5412. Online ISSN : 2322-0430.
Article DOI : 10.5958/2322-0430.2018.00124.5

Evaluation of Adoption of Precision Farming and its Profitability in Banana Crop

Franco Denny1,*, Singh Dharam Raj2, Praveen K.V.3

1Scientist, Water Technology Centre

2Principal Scientist, Division of Agricultural Economics Indian Agricultural Research Institute, New Delhi-110012

3Scientist Division of Agricultural Economics Indian Agricultural Research Institute, New Delhi-110012

*Corresponding author’s email: dennyiari@gmail.com

JEL Codes D61, O33, Q13, Q16.

Online published on 22 June, 2018.

Abstract

The study attempts to assess the determinants of adoption of precision farming and its profitability, based on primary data from Kerala. Logit regression, farm business analysis, data envelopment analysis and Garret’s Ranking were employed to analyze the data. Farm size, level of education and attitude of farmers towards risk orientation were the factors which positively and significantly influenced the adoption of precision farm technologies. Precision farming was found to be generating impressively higher returns in comparison to traditional farms and were technically and allocative efficient. Constraints to its adoption identified include rainfall, lack of expertise and credit facilities, etc.

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