An Economic Analysis of Turmeric Cultivation in Wardha District of Maharashtra State, India

Abstract

The study was conducted to evaluate cost structure, returns and constraints faced by farmers. This study was conducted during 2024 - July 2025. The research took place in the Wardha district of maharashtra in which Samudrapur and Hinganghat tehsils were selected for study. A total of 120 turmeric farmers were chosen randomly. The Standard cost concepts and the Garrett Ranking Technique were applied in analysis. Findings revealed that the total cost of turmeric cultivation per hectare was highest for the medium farm group at Rs. 4,56,613.31, followed by the small group at Rs. 4,50,970.05.23 and the large group at Rs.4,18,560.02 . The overall average cost per hectare for all farmers was Rs. 4,49,234.09. The benefit-cost ratio at cost 'C3' was 1.44 for small farms, 1.51 for medium farms and 1.60 for large farms, indicating that turmeric cultivation was economically profitable. The average main production was 33.23 quintals per hectare. No legal MSP, No Convenient Market, Costly planting Material, Low Mechanisation and No Skilled Labour were the major Constraints as faced by the farmers.