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Financial Feasibility and Constraints of Betel vine Cultivation in Coastal areas of Sundarbans, West Bengal

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Title Financial Feasibility and Constraints of Betel vine Cultivation in Coastal areas of Sundarbans, West Bengal
Not Available
 
Creator Abhishek Mandal and Subhasis Mandal
 
Subject Betel vine, coastal, financial feasibility, constraints
 
Description Economics and financial feasibility of betel vine cultivation
The horticulture sector plays a significant role towards sustainable rural livelihoods in all farming systems
including the marginal areas like coastal region of West Bengal. The region is characterized with multifaceted
problems such as low crop productivity due to inherent problem of soil & water salinity and hence
low returns. Farmers are totally depended on nature and limited to mono-cropped by a single crop during
wet (kharif/rainy) season. Cultivation of betel vine, one of the most important horticultural crops, is
gradually gaining its popularity in this area as cash crop. Financial analyses through undiscounted cash
flow measure, Payback Period and discounted cash flow measures like Benefit-Cost Ratio (BCR), Net
Present Value (NPV) and Internal Rate of Return (IRR) were applied to understand the long term feasibility of
investment on betel vine enterprise in the study area. The payback period was 2.81 years, IRR was
estimated to be 45%, the NPV was Rs. 134614 and BCR was estimated to be 1.25 for the betel vine
cultivation. All these criteria (IRR, NPV and BCR) were favourable for such investment on betel vine
cultivation and the profitability was quite encouraging. Financial analysis indicated that investment on
betel vine cultivation was not only profitable but highly attractive proposition and financially feasible for the
region. This study indicates that inappropriate management of fertilizer and pesticides due to lack of
adequate knowledge, often disease and insects attack, natural calamities, lack of water supply were the
other most important constraints faced by the betel vine grower during production. Price fluctuation was
the most important constraints faced by the betel vine cultivators to realise remunerative return to the
investment on betel vine cultivation. Establishment of market intelligence system to forecast the price in apriori
and simultaneously exploring the export market (other states within the country or abroad) might be
useful for realising better return on betel vine cultivation and second, young farmers are quite enthusiastic
to cultivate the betel vine and promotion of this cash crop should be continued in other parts of the
Sundarbans region for gainful employment.
Not Available
 
Date 2018-09-24T07:49:25Z
2018-09-24T07:49:25Z
2016-09-01
 
Type Research Paper
 
Identifier Mandal, Abhishek and Subhasis Mandal. 2016. Financial Feasibility and Constraints of Betelvine Cultivation in Coastal areas of Sundarbans, West Bengal. Journal of Indian Society of Coastal Agricultural Research. Vol.34(1):148-155.
0972-1584
http://krishi.icar.gov.in/jspui/handle/123456789/7211
 
Language English
 
Relation Not Available;
 
Publisher Indian Society of Coastal Agricultural Research