Financial Feasibility of Cucumber Cultivation in Polyhouse: A Case Study from Jaipur, Rajasthan, India

Abstract

Cucumber (Cucumis sativus L.) is one of the popular vegetable crops grown broadly throughout the world. Cucumber crop grows successfully under conditions of high light, high humidity, high soil moisture, temperature, and fertilizers in the greenhouse. Aim of the Study: The present study was carried out to evaluate financial matrix such as payback period or net present value benefit cost ratio and internal rate of return of polyhouse by cucumber cultivation financial metrics evaluated, for 2023-24. Sampling Design: A multistage sampling design were used for the study of Cucumber cultivation in a polyhouse in the Jaipur district of Rajasthan for the 2023-24. Two tehsils were selected purposively based on the highest number of polyhouse from Jaipur district, namely Jhotwara and Jobner. A sample of 60 farmers were selected for the study from these two tehsils. Results: The finding of the study revealed that the payback period of polyhouse by cucumber cultivation, for small farmers was favorable after covering the subsidy i.e. 0.75 years. The net present worth of polyhouse for small farmers was ₹ 14222249.12, for 20-year expected life at a 7.5 percent discount rate. It was ₹ 13406743.12 for large farmers and ₹ 11164102.12 for assumed non-subsidized farmers. The benefit-cost ratio for the subsidized small farmer was 10.41 and it was 6.76 for the subsidized large farmer. The benefit-cost ratio for the assumed non-subsidized farmer was 3.44 for the cucumber cultivation in polyhouse. The Internal Rate of Return was 133 percent, 84 percent, and 36 percent for the small, large, and non-subsidized cucumber-cultivating polyhouse farmers. Thus, result of the study in all three condition shows profitability of polyhouse by cucumber cultivation.