An economic analysis of pattern of investment for biopesticides production unit establishment in Chhattisgarh

Abstract

Four major producers as respondents and 350 farmers for fulfil constraints questionnaire were selected from three districts namely, Bilaspur, Raigarh and Raipur respectively. The secondary data of biopesticides production in Chhattisgarh was recorded from various publications of the government to accomplish the objective of study area. The primary data on different aspects to achieve the remaining objectives of study were personally recorded from the respondents.The result of study revealed that main objective of this study is to reduce the harmful effects of the use of chemical pesticides on the environment due to traditional farming method. Instead of using chemical pesticides, we can improve the environment by removing their harmful effects by using biopesticides. This study provides information on the establishment of biopesticide production unit in Chhattisgarh, information on production cost of biopesticide production, information on return (income) and profit from production of biopesticides, information and suggestions on marketing of biopesticides in Chhattisgarh along with production of biopesticides and this study gives details of the problems faced in production and marketing and gives the measures to avoid them. From this study it was found that setting up a production unit of biopesticides requires 10-15 manpower, 5000-8000 sq ft of land along with a cost of Rs 1.5-2.0 crores. It costs 80-110 rupees to produce one kilogram of biopesticide and it depends on the biopesticide.