Impact assessment of mobile app using Economic Surplus Model


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Authors

  • VINAYAK NIKAM Scientist, ICAR-National Institute of Agricultural Economics and Policy Research, New Delhi 110 012, India
  • SHIV KUMAR Principal Scientist, ICAR-National Institute of Agricultural Economics and Policy Research, New Delhi 110 012, India
  • KINGSLY I T Scientist, ICAR-National Institute of Agricultural Economics and Policy Research, New Delhi.

https://doi.org/10.56093/ijas.v89i6.90831

Keywords:

Economic surplus, Grape cultivation, Impact assessment, Information Communication Technology, Mobile app

Abstract

This article assesses the economic benefits of mobile app that provides real time information as well as forecasting about weather, pest and diseases of the grape crop in Maharashtra, India. Results of Economic Surplus Method (SME) showed that over the period of 16 years (2007–2022), 20% adoption of mobile app would generate total surplus of ` 9140.85 million and Net Present worth of ` 9111.94 million. Internal Rate of Return (IRR) would be 316%, Mindicating higher economic return from the technology of mobile app. At 50% level of adoption, it would generate total surplus of ` 13271.42 million with IRR of 317 per cent. The size of these returns implies that mobile based app for the grapes has high potential of economic return; returns on investments in extension services are quite attractive and there is scope for increasing outreach of information to realize the potential of technology in agriculture sector.

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Submitted

2019-06-19

Published

2019-06-19

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Articles

How to Cite

NIKAM, V., KUMAR, S., & T, K. I. (2019). Impact assessment of mobile app using Economic Surplus Model. The Indian Journal of Agricultural Sciences, 89(6), 1039–1043. https://doi.org/10.56093/ijas.v89i6.90831
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