Author: Dhananjay S. Ghule, Sachin S More and Tukaram B. Munde
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Soybean (Glycine max (L.) Merrill) or soyabean is a legume crop belonging to the family Leguminosae or Fabaceae and sub-family Papilionaceae. The area under soybean crop in Maharashtra state in 2022 was 49.09 lakh hectare with production of 65.85 lakh MT and productivity of 1341 kilo grams per hectare. The study was conducted in Maharashtra state of India in the year 2022-23. Two district, six villages were randomly selected. Thus, from six villages, 60 adopted and 60 non-adopted MAUS-162 soybean growers was selected. The overall objective of present study was observed estimate the economic impact of MAUS-162 variety on farmer’s field. For this purpose, analytical tools viz., tabular analysis, partial budgeting technique and profit regression model was employed. Result revealed that, the soybean MAUS-162 variety adopter benefitted in term of getting high quality of source seeds. Average per hectare gross return from soybean was Rs. 87420.98 which was higher than non-adopter Rs. 82084.54. The cost benefit ratio was highest for adopters i.e., 1.63 per cent and 1.51 per cent for non-adopter.
Economic impact, cost of cultivation, cost of production, profitability, improved soybean variety
Result concluded that, the soybean MAUS-162 variety adopter benefitted in term of getting high quality of source seeds. Yield showed significant relationships with adoption of improved MAUS-162 variety production. The adopter to secure highest net profit of Rs. 33820.88, by the non-adopter is net profit of Rs. 27665.61. Hence, the cost benefit ratio was highest for adopters i.e., 1.63 per cent and 1.51 per cent for non-adopter. Similar result observed by Peshin et al. (2018); Danso-Abbeam (2022).
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