Year: 2015 | Month: December | volume 2 | Issue 2
Price premium is the prime factor of organic farm’s profit in West Bengal
Ranjan Kumar Biswas
DOI:Coming Soon
Abstract:
Organic farming is an approach to sustainable agriculture with devoid of chemical inputs. If 16 essential nutrients required for plant growth could be applied in proper quantities/doses through organic inputs, yield of crops does not decrease. The present study indicates that despite higher cost of cultivation, the production was lower in organic than inorganic system. But price of the organic product was higher than inorganic, which leads organic farm’s profitability. Besides, there exists a definite positive association between consumer’s monthly income and his willingness to pay higher price for organic products.
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