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Journal of Pharmacognosy and Phytochemistry

Journal of Pharmacognosy and Phytochemistry

Vol. 7, Special Issue 3 (2018)

Growth performance of area, production and productivity of turmeric in India: An economic analysis

Author(s):

Srividyarani S Sajjan, Balachandra K Naik, Shilpa P Chowti, Neelamma R Kolageri and K Shiny Israel

Abstract:
Turmeric the main spice in the Indian dish curry, is argued by many to be the most powerful herb on the planet at fighting and potentially reversing disease. Turmeric is one of the oldest cultivated crop which has been grown in India and China since several thousand years. The turmeric is traditionally well known for its culinary and medicinal properties. It is one of the multiuse product which has many valuable properties and uses. It is extensively used in food, textile, medicine and cosmetic industries. Turmeric can be grown in the tropical and subtropical countries. This study is mainly based on time series data. The secondary data on area, production and productivity of Turmeric in India, were collected for the years 1997-98 to 2016-17 from various sources. The performance of Turmeric was examined by estimating the growth rates and instability index of area, production and productivity of Turmeric. The results revealed that, compound growth rates for Area, production and productivity for period of 20 years were found positive and significant at both 1 per cent and 5 per cent level of probability. The instability in Turmeric productivity exhibited less variation than area and production over the years. However, production witnessed highest instability as compared to area and productivity, over the period of time.

Pages: 351-353  |  1577 Views  595 Downloads

How to cite this article:
Srividyarani S Sajjan, Balachandra K Naik, Shilpa P Chowti, Neelamma R Kolageri and K Shiny Israel. Growth performance of area, production and productivity of turmeric in India: An economic analysis. J Pharmacogn Phytochem 2018;7(3S):351-353.

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