Research Article | Published: 01 December 2011

Economics of Damask Rose plantation in Punjab state of India

Sukhjinder Singh and Virendera Singh

Journal of Non-Timber Forest Products | Volume: 18 | Issue: 4 | Page No. 281-284 | 2011
DOI: https://doi.org/10.54207/bsmps2000-2011-185U96 | Cite this article

Abstract

The present study depicts the economics of horticultural produce and essential oil distillation of Damask rose (Rosa damascena L.) plantation in Punjab state of India. The study is based on the data collected from farmers in Punjab. Cost components were calculated on the basis of prevailing market prices of inputs and outputs.  Cost of cultivation for producing an average flower yield of 942 kg/acre/annum worked out to be Rs. 36,647 /acre /yr.  Cost of essential oil production and net returns were calculated as Rs. 38,617/264 gm oil and Rs. 20,783 /acre /yr, respectively.  Damask rose oil production is a remunerative venture with Rs. 59,842 as net present value (NPV), 12.70 % as internal rate of return (IRR) and benefit cost ratio (BCR) as 1.54. NPV of Damask rose oil production/ 4000 m2 was 202.34 % higher than that of wheat-paddy/ 4000 m2 cropping pattern.

Keywords

Access Options

250/-

Buy Full Access in HTML Format

Instant access to the full article.

Get access to the full version of this article. Buy Full Access in HTML Format

References

1. Anon. (1972). The Wealth of India, Raw Materials, CSIR- New Delhi, Vol. IX: 67- 68

2. Gittinger, J. Price (1972). Economic Analysis of Agricultural Projects. The Johns Hopkins University Press, Baltimore and London

Google Scholar

3. Lawrence, B.M. (1991). Progress in essential oils. Perfume. Flavor, 16: 43- 47

4. Patra, N.K., Kalra, Alok, Singh, H.B., Singh, H.P., Singh, V.R., Hasan, Tanveer and Kumar, Sushil (1999). Essential oil production technology and scope of plant improvement in Damask Rose (Rosa damascena L.). National Workshop on Entrepreneurship Development Based on Chemical and Agro Technologies, Feb. 23- 28, 1999 at Department of Chemistry and Chemical Engineering, Jadavpur University, Calcutta

5. Reddy, S. Subha, P. Raghu Ram, T.V. Neelkanta Sastry and I. Bhawani Devi (2004). Agricultural Economics. Oxford & IBH Publication Co. Pvt. Ltd., New Delhi

About this article

How to cite

Singh, S. and Singh, V., 2011. Economics of Damask Rose plantation in Punjab state of India. Journal of Non-Timber Forest Products, 18(4), pp.281-284. https://doi.org/10.54207/bsmps2000-2011-185U96

Publication History

Manuscript Published on 01 December 2011

Share this article

Anyone you share the following link with will be able to read this content: