A Business Model of Custom Hiring of Agricultural Machinery for Enhanced Farm Mechanization in Madhya Pradesh
241 / 357
Abstract
Farm mechanization has become inevitable for augmenting agricultural production and achieving the steady growth in agriculture in synchronization with population growth. Increasing shortage of agricultural labours also necessitates availability of agricultural machinery at right time and at an affordable cost to farmers. Further, utilization of appropriate farm machinery reduces the unit cost of production through enhanced input use efficiency and their judicious use. The farm mechanization necessitates substantial investment on farm power sources and implements which is neither essential nor feasible for small and marginal farmers, who constitute over 80% of the total farm holdings in India. In this situation, custom hiring of agricultural machinery appears to be logical and most appropriate best institutional intervention pushed forward in recent years.Downloads
Download data is not yet available.
Downloads
Submitted
2020-03-11
Published
2020-03-11
Issue
Section
Articles
License
Complete copyright vests with the Indian Council of Agricultural Research, who will have the right to enter into an agreement with any organization in India or abroad engaged in reprography, photocopying, storage and dissemination of information contained in it, and neither author nor his/her legal heirs will have any claims on royalty.
How to Cite
Badegaonkar, U. R., Tamhankar, M. B., Saha, K. P., & Bargale, P. C. (2020). A Business Model of Custom Hiring of Agricultural Machinery for Enhanced Farm Mechanization in Madhya Pradesh. Indian Farming, 70(1). https://epubs.icar.org.in/index.php/IndFarm/article/view/98922