Ex-post economic impact assessment of vegetable cowpea var. Kashi Kanchan using economic surplus model

Abstract

Vegetable cowpea variety “Kashi Kanchan” is an improved variety released by ICAR-Indian Institute of Vegetable Research (IIVR) in 2007. This variety is being widely adopted and cultivated by the farmers in different parts of the country. The economic impact of the variety Kashi Kanchan is analyzed using Economic Surplus Model (ESM). The results showed that, there was Rs. 111.21 crore of total economic surplus generated of which Rs. 43.81 crore was producer surplus and Rs. 67.40 crore was the consumer surplus. The net profit earned by cultivation of Kashi Kanchan variety was Rs. 36406/ac higher than that of local variety grown during rainy season and Rs. 84942 per ac during summer season. The BC ratio was 3.26 for summer crop and 3.04 for winter crop of Kashi Kanchan and 1.43 for the local variety. The total estimated area covered under the cultivation of Kashi Kanchan variety was 90314.8 ha from 2007-08 to 2019-20 covering a total of 443 districts in 29 states and 2 union territories in the country.