Weed Management in Horticultural Crops

Exercise 15

Exercise 15: Economics of Weed Control Practices

Any new technology should be economically viable before it can be accepted by the consumer. In farming community in India and many other countries, besides the relative gains, the level of monetary input required to achieve that gain is equally important. The relative monetary gains an be calculated and presented in many ways. In weed management, as in most other agricultural research, it is most common to compare the economics of the treatments as Benefit-Cost ratio (B:C).

 

Economic Analysis:

Gross return

• Gross return was computed by multiplying the seed cotton yield in respective treatments with the unit market price of the produce and given as Rs ha-1.

Net Return

• The net return per hectare was worked out for all the treatments by subtracting the cost of cultivation from the gross return and presented as Rs ha-1.

Benefit cost ratio (BCR)