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Medicinal and Aromatic Plants for Enhancing Farm Income: The Case of Bihar

Author

Listed:
  • Singh, K.M.
  • Kumar, Abhay
  • Singh, R.K.P.
  • Kumar, Ujjwal

Abstract

Medicinal and aromatic plants (MAPs) provide opportunities for developing a variety of safe and cost effective, prophylactic, and curative medicines for a number of maladies. It is estimated that the primary health care of over 80 per cent of the world’s population still depends on plant based traditional medicines (WHO, 2002). Growing consciousness about health and side effects of modern medicines has again set the stage for innovation and use of herbal medicines. Evidence shows that the total domestic potential for crude drugs and oil extracts in India is worth Rs 3 billion, of which the requirements of over-the-counter products. Realizing the vast untapped potentials of medicinal and aromatic plants (MAPs) and impediments in their development. Agricultural Technology Management Agency (ATMA), Patna has followed a systematic approach while taking MAPs for pilot testing. It made assessment about the local conditions and requirements, and demand for MAPs; strengthened capacity by traing various stakeholders; played role in supporting individuals and institutions; developed relevant literature in local language; emphasized on group approach by organizing the growers; encouraged cultivation through the organized sector with linking the unorganized farmers; and evolved a pricing mechanism with buy back arrangement with partner industry under public-private partnership(PPP). The present study tries to outline some of the steps taken to promote MAPs in Bihar for better income to the farmers.

Suggested Citation

  • Singh, K.M. & Kumar, Abhay & Singh, R.K.P. & Kumar, Ujjwal, 2013. "Medicinal and Aromatic Plants for Enhancing Farm Income: The Case of Bihar," MPRA Paper 50571, University Library of Munich, Germany, revised 11 Oct 2013.
  • Handle: RePEc:pra:mprapa:50571
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    File URL: https://mpra.ub.uni-muenchen.de/50571/1/MPRA_paper_50571.pdf
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    Cited by:

    1. Paunić, Alida, 2016. "Brazil, Preservation of Forest and Biodiversity," MPRA Paper 71462, University Library of Munich, Germany.

    More about this item

    Keywords

    Medicinal plants; Aromatic plants; ATMA; Patna; Farm income; Bihar;

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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