An Economic Analysis of Chrysanthemum Cultivation: Costs, Returns, and Profitability in Amravati, Maharashtra

The goal of the current study was to evaluate the expenses, profits, and returns associated with growing Chrysanthemums in Amravati, Maharashtra. utilizing in-person interviews utilizing a pre-tested interview schedule, information was gathered from 110 samples of Chrysanthemum growers and nearby flower shops throughout the 2022–2023 timeframe. Key conclusions include: Cost A accounted for 40.60% of the total cost, or Rs. 82671.75. Cost B was Rs. 153563.46, representing 75.42% of the total share. Cost C was Rs. 203587.43. Family labour had the highest share at 24.57%, followed by hired human labour at 9.83%. Chrysanthemum yield was 4049.44 kg per hectare. Gross return from Chrysanthemum cultivation was Rs. 364449.6. Farm business income stood at Rs. 281777.85, while family labour income was Rs. 210886.17. Net profit was Rs. 160,862.17 i.e. 79.01 percent. The output-input ratio was higher for Chrysanthemum cultivation, at 1.79 Profitability was higher in Chrysanthemum cultivation, evidenced by higher gross returns, farm business income, family labour income, net profit, and benefit-cost ratio compared to input costs. The cost of manufacture was Rs. 50.27 per kilogram. Overall, these findings highlight the Amravati city's chrysanthemum cultivation's favourable profitability and efficiency, making it a potentially profitable choice for local farmers.