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Economic Analysis of Hybrid Rice in Taluka Golarchi District Baddin Sindh, Pakistan
International Journal of Business and Economics Research
Volume 4, Issue 6, December 2015, Pages: 264-269
Received: Aug. 20, 2015; Accepted: Aug. 28, 2015; Published: Oct. 16, 2015
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Authors
Qurat Ul Ain Memon, Collage of Economics and Management Anhui Agricultural University, China
Shoaib Ahmed Wagan, Collage of Economics and Management Anhui Agricultural University, China
Tufail Ahmed Wagan, Hubei Insect Resources Utilization and Sustainable Pest Management Key Laboratory, College of Plant, Science and Technology, Huazhong Agricultural University, Wuhan, China
Irfan Hussain Memon, Institute of Mathematics and Computer Science, University of Sindh Jamshoro, Jamshoro,Pakistan
Zohaib Ahmed Wagan, Department of Agronomy, Sindh Agriculture University, Tandojm, Pakistan
Hina Memon, Department of Agricultural Education, Extension Sindh Agriculture University, Tandojm, Pakistan
Zahoor Ahmed Wagan, Department of Horticulture, Sindh Agriculture University, Tandojm, Pakistan
Asadullah Jamro, Department of Rural Sociology, Sindh Agriculture University, Tandojm, Pakistan
Shakeel Ahmed Wagan, Department of Animal Reproduction, Sindh Agriculture University, Tandojm, Pakistan
Imran Hussain Memon, Library Department, University of Sindh Jamshoro, Jamshoro, Pakistan
Adnan Hussain Memon, Faculty of Arts, University of Sindh Jamshoro, Jamshoro, Pakistan
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Abstract
Rice is second food source after wheat and is an important foreign exchange earning commodity of Pakistan’s economy, which gives about $950 million annually. Pakistan grows rice including early and late maturing verities, hybrid and conventional rice verities which are consider as high quality rice verities. The study was design to conduct economic analysis of hybrid rice production; major findings of the study were financial gain from hybrid rice. Taluka Golarchi was selected for the present study because it is a hybrid rice cropping zone, primary data on hybrid rice was collected from the farmers through personal interviews with the help of specially designed questionnaire. Result shows that total costs per acre of hybrid rice were 65993.62Rs/Acre which were slightly high due higher hybrid seed prices, slightly higher land management costs. On an average higher yield 78.88monds/acre was obtained from hybrid rice. The gross revenue was received as 85643.96Rs/Acre. Study results further indicate that hybrid rice growers obtained higher gross margin 38199.34Rs/Acre, which gives additional income to poor farmers in study Area.Therefore, gross revenue gained 85643.96Rs/Acre by hybrid rice. High profit was observed in hybrid rice. Most of the farmers focused to grow hybrid rice due to high yield advantage.
Keywords
Hybrid Rice, Total Costs, Gross Revenue, Gross Margin, Net Returns
To cite this article
Qurat Ul Ain Memon, Shoaib Ahmed Wagan, Tufail Ahmed Wagan, Irfan Hussain Memon, Zohaib Ahmed Wagan, Hina Memon, Zahoor Ahmed Wagan, Asadullah Jamro, Shakeel Ahmed Wagan, Imran Hussain Memon, Adnan Hussain Memon, Economic Analysis of Hybrid Rice in Taluka Golarchi District Baddin Sindh, Pakistan, International Journal of Business and Economics Research. Vol. 4, No. 6, 2015, pp. 264-269. doi: 10.11648/j.ijber.20150406.11
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