How profitable is stevia farming?

How profitable is stevia farming?

The cost of Stevia leaves per kg: Rs 100.00 (average price of the product). The net annual income from Stevia CULTIVATION: Rs 2, 70,000.00. During the 1st year, the profit earned by Stevia CULTIVATION is: (Rs 2, 70,000.00 – Rs 2, 19,500.00) Rs 50,500.00.

How do you start a stevia farm?

Stevia is a short-day plant grown under tropical and sub-tropical conditions. Long day-length is helpful for higher leaf yield. Relative humidity of 65-80% is suitable for proper growth and development. Stevia grows well in sandy loam soil with pH range of 5.0-7.5, and requires a warm and sunny weather.

Which companies do contract farming?

For example, contract farming in wheat is being practised in Madhya Pradesh by Hindustan Lever Ltd (HLL), Rallis and ICICI. Under the system, Rallis supplies agri-inputs and know-how, and ICICI finances (farm credit) the farmers.

Is stevia still banned in India?

Consider this, the Indian Food Safety and Standards Authority of India, banned stevia in 2011, and then reversed its decision and approved it in 2015. Gandhi’s Green Valley Farms now sells stevia online and also supplies to marquee Indian brands like Fab India and Organic India.

Is contract farming profitable?

The survey results show that the average revenue of a contract farm is about 11 percent higher than an average non-contract farm. The per hectare cost of production in a contract farm is about 13 percent lower and as a result the average profit margin under contract is more than 50 percent above those without contract.

How can I do contract farming?

Make direct private investment in agricultural activities. The price fixation is done by the negotiation between the producers and firms. The farmers enter into contract production with an assured price under term and conditions.

What can you do with stevia contract farming?

With contract farming of Stevia we complement technical assistance, assess the soil constituents, plans to implement best practices and improvements towards better production and monitor progress on their farms over time.

Who are the stevia farmers in Mizoram?

Then, A contract farming project was undertaken in collaboration with the Department Of Horticulture, Govt. of Mizoram. Under this scheme, more than 200 farmers were engaged in small scale stevia farming under a buy back arrangement by Anubhav Biotech Ltd.

Where was the first Stevia farm in India?

The work started in 2009 with establishment of a stevia nursery and a demonstration field in Mohit Nagar – in norther region of West Bengal, India. Then, A contract farming project was undertaken in collaboration with the Department Of Horticulture, Govt. of Mizoram.

What do you need to know about Stevia World?

Farming with Stevia World, we provide farmers the information they need to cultivate Stevia and improve their practices – in the right format and at the right moment.