Economic analysis of pigeon pea seed production in Akola District

The study on pigeon pea seed production in Akola district during 2024-25 estimated the cost and returns associated with its cultivation. The analysis revealed the total per hectare cost of cultivation (Cost C3) averaged Rs. 100,865.23, with small farmers incurring the highest cost of Rs. 101,371.7. Despite these costs, pigeon pea seed production was profitable, demonstrating an overall input-output ratio of 1.22 at Cost C3. This indicates an encouraging economic return for farmers engaged in pigeon pea seed production. The study used the standard cost concept for cost and returns analysis, ensuring a comprehensive assessment of various cost components and returns. These findings align with similar research in Maharashtra, where the cost of cultivation ranged from about Rs. 50,000 to Rs. 55,000 per hectare for pigeon pea, with a favorable cost-benefit ratio and net profit recorded. Hence, pigeon pea seed production in the Akola district is a viable and profitable agricultural activity under prevailing conditions.