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

IR@IHBT: CSIR-Institute of Himalayan Bioresource Technology, Palampur

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Title Techno-economic feasibility of wild marigold (Tagetes minuta) oil production in Himachal Pradesh†
 
Creator Singh, S
Singh, Virendra
G D, Kiran Babu
 
Subject Information and Science Management
 
Description 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, pay back 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.
 
Date 2006
 
Type Article
PeerReviewed
 
Format application/pdf
 
Identifier http://ihbt.csircentral.net/799/1/Microsoft_Word_%2D_Tagetus_minuta_Economics__IndianJforestry1_1_[1][1].pdf
Singh, S and Singh, Virendra and G D, Kiran Babu (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.
 
Relation http://ihbt.csircentral.net/799/