Financial Feasibility of  Mrugbahar  Sweet Orange Garden

P. P. Yeware; B. R. Pawar; V. V. Landge; D. S. Deshmukh

Financial Feasibility of Mrugbahar Sweet Orange Garden

P. P. Yeware ¹, B. R. Pawar ², V. V. Landge ², D. S. Deshmukh ¹

Affiliations
1 Department of Agricultural Economics and Statistics, College of Agriculture, Parbhani (M.S.), India
2 Department of Agricultural Economics and Statistics, College of Agriculture, Latur (M.S.), India

Present investigation was carried out during the year 2007-08. 50 Mrugbahar sweet orange growers were selected for the study. Project evaluation measures namely, NPW, BCR, N/K ratio and IRR were used. Gestation plus economic life of garden was found to be 21 years. Benefit cost ratio was 1.21.It implied that the sweet orange garden was in profit. N/K ratio was 1.69 which was indicating that investment in the project was feasible. Internal rate of return was found to be 18.89 per cent. It inferred that garden owner could get higher return than opportunity cost in Mrugbahar sweet orange production