Estimation of compound growth rate and cost of cultivation of soybean in the Chhattisgarh plain

Abstract

Soybean is one of the prominent leguminous oilseed crops in tropical and subtropical regions of India and this crop can grow in the wide range of climatic conditions. Soybean occupies 0.13 m ha with production of 0.86 lakh MT with average productivity of 654 kg/ ha in Chhattisgarh (Anonymous 2016). The study registered a significant growth rate of 3.43 per cent, in Chhattisgarh and in case of India the compound growth rate of area was registering a positively significance of 4.30 per cent per annum. CAGR for soybean registered a significant growth rate of 3.43 per cent, in Chhattisgarh and in case of India the compound growth rate of area was registering a positively significance of 4.30 per cent per annum. A significant growth in area of soybean is estimated as during the study period at Rajnandgaon and Bemetara districts with the 54.35 percent per annum and 4.45 percent per annum respectively. The district-wise production of growth rates of soybean varies from positively non-significant 24.60per cent in Rajnandgaon district to 13.01per cent in Bemetara and 11.61 per cent per annum in Kabirdham district. The cost of cultivation in case of small farm was higher (Rs. 26041.37/ha.) followed by marginal farms (Rs. 25970.65/ha).