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Economic Analysis of Pea Farming in High Hills of Himachal Pradesh, India

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  • Samriti
  • Pathania, Ankit
  • Sharma, Subhash
  • Nikita
  • Thakur, Sakshi
  • Bhanwal, Udit

Abstract

Pea cultivation is an important agricultural activity in the region, contributing significantly to the local economy and providing livelihood opportunities for farmers. The study examines the cost and returns analysis associated with pea cultivation in the high hills of the state. Simple random sampling has been used for the selection of respondents to collect the primary data. The study stated that the total cost (C3) incurred for the cultivation of pea was Rs 107123.15 per hectare. However, it was found highest in marginal farms (Rs 115210.12/ha) and lowest in medium farms (Rs 91297.73/ha). Furthermore, net income was worked out to be Rs 277918.34 per hectare. The output- input ratio implied that each rupee spent would yield a profit of Rs 2.59 for pea in the study area. Hence, the findings of the study contribute to a better understanding of the economic viability of pea cultivation and can guide efforts towards improving the efficiency and profitability of this agricultural practice in the high hills of Himachal Pradesh.

Suggested Citation

  • Samriti & Pathania, Ankit & Sharma, Subhash & Nikita & Thakur, Sakshi & Bhanwal, Udit, 2024. "Economic Analysis of Pea Farming in High Hills of Himachal Pradesh, India," Asian Journal of Agricultural Extension, Economics & Sociology, Asian Journal of Agricultural Extension, Economics & Sociology, vol. 42(7), pages 1-5.
    • Handle: RePEc:ags:ajaees:368034
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