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Economic Impact Assessment of Broad-Bed Furrow Seed Drill for Soybean

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Abstract

With the unparallel growth in area and production, soybean has established itself as a leading oilseed crop of India. The crop is mainly grown under rainfed conditions, and the distribution of rainfall plays an important role in yield realization. The changed landform management with broad-bed furrow (BBF) seed drill is gaining popularity as the system helps in in situ moisture conservation and draining out excess rainwater. The economic benefits of the BBF seed drill for the sowing of soybean were assessed using an economic surplus model for the period 2009–2010 to 2024–2025. The yield advantage from the adoption of BBF for the sowing of soybean and improved crop production practices was worked out to be 7.5% over the improved practices with flat-bed sowing and 22.2% over farmers’ practice. The results of analysis revealed that total benefits from the adoption of BBF for the period 2009–2010 to 2024–2025 have been estimated at ₹ 1351.93 lakhs at a discount rate of 5.2% and ₹ 838.74 lakhs at a discount rate of 8% or ₹ 84.50 and ₹ 52.42 lakhs per annum, respectively, with an internal rate of return of 59%. The demonstration of the potential to enhance productivity and farm incomes is an important step in promoting wider adoption of technologies.

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Authors and Affiliations

  1. ICAR-Indian Institute of Soybean Research, Indore, Madhya Pradesh, India

    Purushottam Sharma, B. U. Dupare & Nita Khandekar

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  1. Purushottam Sharma
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  2. B. U. Dupare
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  3. Nita Khandekar
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Sharma, P., Dupare, B.U. & Khandekar, N. Economic Impact Assessment of Broad-Bed Furrow Seed Drill for Soybean. Agric Res 9, 392–399 (2020). https://doi.org/10.1007/s40003-019-00444-4

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  • DOI: https://doi.org/10.1007/s40003-019-00444-4

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