Research Article | Published: 01 December 2006

Techno-economic feasibility of wild marigold (Tagetes minuta) oil production in Himachal Pradesh

Sukhjinder Singh, Virendera Singh, G. D. Kiran Babu, V. K. Kaul and P. S. Ahuja

Journal of Non-Timber Forest Products | Volume: 13 | Issue: 4 | Page No. 267-271 | 2006
DOI: https://doi.org/10.54207/bsmps2000-2006-M8L09R | Cite this article

Abstract

Essential oil production from Wild Marigold (Tagetes minuta L.) crop in selected locations of Himachal Pradesh has become a popular practice for gaining additional income and employment in farm sector. The study presents economics of essential oil production having components of cultivation and oil distillation in Himachal Pradesh, being practiced by the local farmers. Cost of cultivation for the average herbage yield of 200 qs was worked out to be Rs. 42,497/ha/crop season. Cost of oil production and net returns were determined as Rs. 1,175.28/kg oil and Rs. 41,236/ha/season, respectively. T. minuta oil production was not only techno-economically feasible but also a remunerative venture with a benefit-cost ratio (BCR) of 1.70, payback period of 4.24 years (8.48 seasons), break even production at 31 kg oil and rate of return on total capital at 15.78 % as found out from the study.

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How to cite

Singh, S., Singh, V., Babu, G.K., Kaul, V.K. and Ahuja, P.S., 2006. Techno-economic feasibility of wild marigold (Tagetes minuta) oil production in Himachal Pradesh. Journal of Non-Timber Forest Products, 13(4), pp.267-271. https://doi.org/10.54207/bsmps2000-2006-M8L09R

Publication History

Manuscript Published on 01 December 2006

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