“Study Of the Economic Condition of Farmers After Establishment of Sugar Factory”
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Abstract
This study is related to the study of the economic condition of sugarcane farmers of Gurur development block and Balod development block of Balod district. Primary and secondary data have been used in the study. The total sample size in the primary survey is 150 in which data has been collected from 80 respondents from Gurur development block and 70 respondents from Balod development block. The impact of establishment of sugar factory on the economic development of farmers and minimum support price has been studied. In the presented research study, the hypothesis has been tested through SPSS software on the basis of primary survey of agricultural year 2023-24. To do a comparative study of the rate of increase in the price of crops, a comparative study has been done by finding out the rate of increase in the price of sugarcane and paddy crops from the year 2009-10 to 2024-25 on the basis of the report of the Commission for Agricultural Costs and Prices. Sugarcane crop is helpful in earning more income compared to other crops. In order to test the hypothesis in the study, keeping in view the time element, non-parametric method based on Sapiro Wilson's test for normality test, Mann Whitney U test and index and have been used.