An Economic Analysis of Organic Farming A Study of Malwa Region Punjab

Abstract

In Indian economy, agriculture and allied sector contributed its share 20.19% to Gross Domestic Product (GDP) and at state level in Punjab, its contribution is 31.58% during 2020-21. While 39.4% employment was in this sector at national level in 2020- 21(Ministry of Statistics and Programme Implementation). While Punjab has 1.53% of Indian geographical area but itcontributes 20.92 % paddy and 37.82 % wheat to central pool food grain and provides 24.6% employment to the total workforce of Punjab (Punjab Economic Survey 2020-21). newlineInorganic farming has certain negative consequences on human health as well as the environment in which it is practiced. Organic farming is thus becoming more popular as a result of the current economic climate. Organic farming does not need the use of any foreign or complex agricultural methods or equipment. As a result, the production costs associated with organic farming are lowered. Organic farming has shown to be advantageous for farmers as a result of these factors. Organic items are in reasonable demand on the market, according to recent data. As a consequence, the farmers get competitive rates for their crops on the market. Punjab has also been identified as one of the states where organic farming is practiced on a significant scale. Farmers that practice organic farming must deal with a wide range of issues. Organic farming would be more useful and favourable to the growth of the farmers when the challenges encountered by this kind of farming have been identified and eliminated. If an investigation into organic farming is conducted, it will be beneficial to both farmers and policymakers in developing their respective policies. As a result, the current research will be focused on organic farming in the Malwa region of Punjab. newline newline