An Economic Analysis of Production and Marketing of Vermicompost in Balod District of Chhattisgarh
Siddharth Kumar A. K. Gauraha, Shashank Sharma Shiv Kumar Bhaskar
Abstract
Vermicompost is a biotechnological system. In which earthworms of a specific species are used to convert dung or waste materials into organic materials. Which leads to a great product. Vermicompost's essential ingredients are externally low cost. After which the best products are obtained. The state of Chhattisgarh comprises 28 districts, out of these 28 districts, Balod district comprises 5,669 SHGs and 859 SHG's in Dondi Lohara, which is 15.15% of the total district of SHGs and hence Balod district will be deliberately selected for the study. There are 5 blocks in Balod district, namely Balod, Dondi, Dondi Lohara, Gunderdehi and Gurur 1 block out of 5 blocks i.e. Dondi Lohara block will be selected from the district as it represents the nearest area from my village. It is observed that an average production of 3.28 quintals per cubic meter is usually done in 3 cycles. The net income per cubic meter at the total cost was Rs. 1520.49. The benefit-cost ratio per cubic meter was 1: 0.61. The total cost per quintal production of vermicompost was Rs 2458.92. Most of the groups are using earthworm (<em>Eisenia fetida</em>) which is highly reproductive species, due to which its use and demand. It was observed that the producer-government agencies-consumer channel has the highest marketing usage compared to others.