An Ex-post Impact Assessment of Seed-to-Seed Mechanization in Maize in Telangana State, India
G. Sunitha *
Department of Agricultural Economics, College of Agriculture, Professor Jayashankar Telangana State Agricultural University, Rajendranagar, Hyderabad-500030, India.
G. P. Sunandini
Department of Agricultural Economics, College of Agriculture, Professor Jayashankar Telangana State Agricultural University, Rajendranagar, Hyderabad-500030, India.
D. Srinivasa Reddy
Department of Agricultural Economics, College of Agriculture, Professor Jayashankar Telangana State Agricultural University, Rajendranagar, Hyderabad-500030, India.
A. Meena
Department of Statistics and Mathematics, College of Agriculture, Professor Jayashankar Telangana State Agricultural University, Rajendranagar, Hyderabad-500030, India.
*Author to whom correspondence should be addressed.
Abstract
In Telangana, India, maize is cultivated in large areas next to rice and cotton. Considering the importance of the crop, Professor Jayashankar Telangana state Agricultural University (PJTSAU) is focusing on the development of new maize hybrids and agro-technologies that increase yield and income for farmers and reduce input and management costs. In order to evaluate the impacts of seed-to-seed mechanization technology, the Economic Surplus (ES) approach was applied in the present study that quantifies aggregate social benefits which includes producer and consumer surplus. Results revealed a total surplus of Rs. 19.61 lakhs, mainly benefiting producers (72.09 per cent) and consumers (27.91 per cent). The investment in seed-to-seed mechanization demonstrated a promising 23 per cent internal rate of return (IRR), a net present value (NPV) of Rs. 3.2 lakhs, and a favorable BC ratio of 1.67:1. The results of study found that the adoption of novel technology increased farm income and reduced the labour cost.
Keywords: Mechanization, impact assessment, economic surplus, ex-post evaluation