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Journal of Pharmacognosy and Phytochemistry

Journal of Pharmacognosy and Phytochemistry

Vol. 10, Special Issue 1 (2021)

Resource use efficiency of maize in Telangana state

Author(s):

Bandi Srikanth, KV Deshmukh and SS More

Abstract:
Agriculture is an important sector to fuel in economic growth and it needs to be made more attractive. The present study will help farmers to improve economically profitable eventually leading to more inclusive development. Enabling policies for access to inputs, credit, markets and innovations will result in increased productivity, profitability and growth. Telangana is one of the large maize producing states in India; the maize production in the state has been largely influenced by increasing demand from the feed industries and various industrial uses, by calculating recourse use efficiency farmers can understand where he can improve his expenditure as well as efficiency to increase productivity, the present study explains regression coefficients with relation to various explanatory variables, geometric mean of inputs, marginal products, marginal value product, price of input, MVP to price ratio, and optimum recourse efficiency were calculated in present study. Cobb-Douglas type of Production Function was used to find the results. The results in elasticity of maize productivity examines that coefficient of multiple determination (R2) was 0.908 which indicated that 90.80 percent effect of all independent variables together in maize productivity, and Return scale was 1.00 which indicated constant return to scale of maize farming of Telangana state. Some critical resources like Manure, Plant protection chemical and Nitrogen fertilizer are not used properly and there is a greater chance to increase these inputs in maize farming.

Pages: 615-619  |  735 Views  240 Downloads

How to cite this article:
Bandi Srikanth, KV Deshmukh and SS More. Resource use efficiency of maize in Telangana state. J Pharmacogn Phytochem 2021;10(1S):615-619.

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