during 'Kharif' 2019during 'Kharif' -2020 to study the irrigation scheduling and intercrop practices on yield attributes, yield, water use efficiency and economics of aerobic rice. The field experiment was laid out in strip plot design with three replications. The results concluded that scheduling irrigation at (Irrigation water/Cumulative Pan Evaporation) IW/CPE ratio 0.8 up to panicle initiation thereafter 1.2 showed higher yield attributes viz, panicle number (12.3), panicle length (24.4 cm), filled grains panicle -1 (176), grain yield (5373 kg ha -1 ), straw yield (7829 kg ha -1 ), net income (82062 ₹ ha -1 ) and B: C ratio (2.25). However, the highest water use efficiency (80.4 kg m -3 ) was recorded in the treatment with IW/CPE ratio 1.0 up to maturity. Lower yield attributes, yield, water use efficiency, net income, and B: C ratio was noted with IW/CPE ratio 0.8 up to panicle initiation thereafter IW/CPE 1.0. Whereas, intercrop practices, rice alone noted higher yield attributes viz., panicle number (12.6), panicle length (24.1 cm), filled grains panicle -1 (191), grain yield (5467 kg ha -1 ), straw yield (8002 kg ha -1 ) and WUE (86.6 kg m -3 ). Rice + green gram (2:1 ratio) intercropping system registered lower yield attributes, yield and water use efficiency. However, the economics of the intercropping system was found higher in rice + black gram (2:1 ratio) with net income of ₹ 92404 ha -1 and B: C ratio (2.43).