Geo-economic Feasibility of Apple Orchards Across Physiographic Divisions in Kashmir Valley, India
Fayaz A. Lone, Showkat A. Ganaie, M. Imran Ganaie, Mohammad Shafi Bhat, Javeed Ahmad Rather
Abstract
Financial investments in apple cultivation in Kashmir valley are increasingly recognized as key drivers of economic growth and employment creation. This paper presents a comprehensive economic analysis across physiographic divisions using precise economic indices that include cost-benefit analysis, project evaluation method and other socio-economic determinants. It relies on a primary survey of 866 farm-households selected across four physiographic divisions of the Kashmir valley viz- valley floor, karewas, foothills and side valleys. Results reveal that the karewas fetch the highest returns from an investment owing to its ideal geographical conditions. On contrary, the non-karewas belt was found to be trailing in one or more economic indices although the financial feasibility of investment in apple cultivation was still found satisfactory. The study affirms that agricultural land-use decisions at the micro-scale should be determined by the site-specific attributes and that economic indices are largely dictated by physical characteristics of land itself. While demonstrating the utility of land-use decisions in light of geographical factors, our results can assist both farmers and policy-makers to design a more adapted land use strategy for fostering financial investments in apple cultivation in the valley.