Economic Analysis of Rice Production in India-case study of Tamilnadu state

Dhivahar Mahalingam

Master's thesis

Abstract:

The primary aim of this research is to assess the social and economic structure of a group of farmers in the sample and to investigate the cost and revenue aspects of rice cultivation using the CACP model. The secondary objectives of this study involve evaluating the adoption of technology across farms of varied sizes and analyze the technical efficiency within these varying farm sizes The study focuses on agricultural economics, examining three key frameworks: Cost Framework, Return Framework, and Area Selection. In the Cost Framework, the Commission for Agricultural Costs and Prices (CACP) employs various models to calculate net returns based on different cost components, recognizing the diversity in resource utilization among farmers. The Return Framework assesses economic efficiency, comprising technical and allocative efficiency, with a particular emphasis on the adoption of modern technology in agriculture. It was observed that the net return per hectare was highest for marginal farms, closely followed by other categories. Consequently, it can be inferred that rice cultivation stands as an economically viable venture in the study area. Furthermore, the analysis of technology adoption levels in the local environment yielded favourable results.Additionally, it is advisable for the government to consider establishing quality testing laboratories at the town level and plant health clinics at the village level

Keywords

Rice Production, Measurement of Expenses, Economic Analysis

Language used: English

Date on which the thesis was submitted / produced: 22. 3. 2024

Thesis defence

• Supervisor: doc. Ing. Petr Procházka, MSc Ph.D.

Czech University of Life Sciences Prague

Faculty of Economics and Management

Master programme:
Economics and Management