Comparative Analysis of Financial Viability and Supply Chain Management of Organic............
Growing consumer preference for pesticide-free food, falling dividends from the conventional production system, and increased awareness of the harmful effects of synthetic chemicals in the food chain have paved the way for organic agriculture as an alternative to the conventional system of farming that relies solely on chemicals. The goal of the research is to evaluate and analyse the financial feasibility of selected crops, such as paddy and cotton, under organic and conventional farming, as well as the examination of various supply networks involved in the marketing of organic and conventional food items. The current study was conducted in Telangana's Jangaon district, which is well-known for its organic farming industry. Using a simple random selection technique, ten organic and 10 conventional farmers for each crop were chosen for the study during the 2019-20 season. As a result, there are 20 organic farmers and 20 conventional farmers in the sample. According to the objectives, the data collected from respondents was analysed utilising cost concepts, budgeting techniques, and Acharya's approach. Because conventional farming uses more expensive chemicals, the cost of growing conventional crops is higher than growing organic crops, according to the findings. Farmers receive a high premium price for their organic produce as well as high net returns, making organic farming more financially viable. The organic food supply chain involving Farmer Producer Organizations (FPO) is efficient since it gives producers a large share of the consumer's rupee and creates a direct link between the producer and the customer. Farmers can earn more money from organic farming if marketing links are formed and organic products can be sold for a higher price than conventional products, according to the study.
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