Economics of Farm Business of Selected Small Farmers in Akola district of Maharashtra

Abstract

In the present study the efforts have been made to examine the economics of farm business of selected small farmers in Akola district of Maharashtra. It helps us to know the economic condition of small famers. The economics of selected farmers is worked out using different cost concepts. For the analysis four major crops were selected from Kharif and Rabi season viz. cotton, soybean, gram, Wheat. The net returns of gram was highest (43059.72) among all the crops followed by cotton 32939.56. and gram was the more profitable crop among the selected crops of both seasons. The study will help the policy makers to formulate some policies for such small farmers and also helpful for the researchers who are interested in further studies related to small farmers and their economics. As small holders farmers can contribute to greater food supply for the country, they first need to secure access to land and water as well as to rural financial services to pay for inputs.