TY  - BOOK
AU  - Bhutia, Florenz
AU  - N. Anandkumar Singh
TI  - Cultivation of orchids in Sikkim: an economic analysis
KW  - Floriculture
KW  - Ordhids
KW  - Sikkim
KW  - Orchid cultivation
KW  - Economic feasibility
KW  - Economic analysis
N1  - Includes bibliographical references
N2  - Floriculture or flower farming, is a discipline of horticulture concerned with cultivation of flowers and ornamental plants for gardens and floristry (Shelke, 2014). It has blossomed into a commercial activity with considerable growth and a useful crop diversification option, particularly for small farmers over the past three decades.Globally, 171 countries practice floriculture in which India occupies 51st position in terms of exports and contributes ₹455 crores which is 0.06 per cent of the global trade (De and Singh, 2016). Orchids are the most beautiful flowers and have conquered the cut flower industry all over the world during the last few decades. They occupy the top position among all flowering plants and are valued for cut flower production and as a potted plant. In India, especially northeast is considered as a heritage of orchids (Lepcha et al., 2020). Sikkim has been exclusively identified as the only Agri Export Zone (AEZ) for orchids among all the 60 AEZs notified by the government of India (APEDA, 2021). The potential for commercialization of this industry has not yet been fully exploited and there is a lack of study. Hence in regard of the above aspect, the following research objectives have been formulated, viz., (1) To work out the economic feasibility of orchids, (2) To study the marketing aspects of orchid in the study area and (3) To document the production and marketing constraints faced by the orchid growers. The study was conducted in a total of four villages belonging to two districts viz., East and south district where a sample size of 77 respondents were randomly selected. To achieve the mentioned objectives, analytical tools like cost concepts, economic efficiency measures, producer surplus, marketing cost, marketing margin, price spread, marketing efficiency and Garretts ranking technique were applied. Orchid cultivation was found out to be economically viable having positive NPV of ₹18052.39, B-C ratio of 1.9, IRR of 19 per cent and a payback period of 6.5 years. Two marketing channels were identified, out of which direct channel i.e., Channel- II was proven to be more efficient. The marketed and marketable surplus was found out to be 93.51 percent and 98.12 per cent respectively. The major constraints faced were non – availability of quality saplings, lack of technical expertise and unorganized marketing of flowers. Therefore, intervention of the state government by introducing schemes similar to the existing “Production Incentive Scheme” should be carried out for orchids to encourage farmers
UR  - https://krishikosh.egranth.ac.in/handle/1/5810206895
ER  -