A Study on Farmers’ Willingness to Pay for Bt Cotton Seed Brands in Andhra Pradesh

Authors

  • C Velavan Department of Trade and Intellectual Property Tamil Nadu Agricultural University Coimbatore -641 003 Tamil Nadu India
  • S Naveen Kumar Post Graduate Scholar Department of Agricultural and Rural Management Tamil Nadu Agricultural University Coimbatore-641003
  • S Varadharaj Assistant Professor Department of Agricultural Economics Tamil Nadu Agricultural University Coimbatore-641003

Abstract

Abstract

Andhra Pradesh is the third largest cotton cultivating state in India. After introduction of Genetically Modified cotton (bt cotton) in India, the state too adopted it in a big way. There were more than 30 popular bt cotton brands in the state. Cotton farmers are getting economic benefit out of the genetically modified cotton in the state over the years. In this context, current study was aimed to measure farmers’ willingness to pay for bt cotton brands in the state. The study was conducted in Adilabad district of Andhra Pradesh during the year 2012-13. The results showed that net income from irrigated and rainfed cultivation were Rs.28,771 and Rs.16,823 per hectare respectively. Brahma, Mallika and Sudarshan were the major brands cultivated by the sample farmers in the study area. Majority of the farmers were highly satisfied by the fiber quality of bt cotton brands and resistance to bollworms. Further, most of the farmers were loyal to the current brands (54 per cent) and 46 per cent were ready to switch from their brands. 52 per cent of the sample farmers were willing to pay more price for Bt cotton seed brands. Annual income of the farmers, irrigation availability, age of the farmers and area under cotton had a positive and also significant influence on willingness to pay more price to the Bt cotton seed by sample farmers.

Keywords: Bt Cotton seeds, Farmers, Willingness to pay, Andhra Pradesh

Author Biographies

C Velavan, Department of Trade and Intellectual Property Tamil Nadu Agricultural University Coimbatore -641 003 Tamil Nadu India

Assistant Professor

Department of Trade and Intellectual Property

Tamil Nadu Agricultural University

Coimbatore -641 003

Tamil NaduIndia

S Naveen Kumar, Post Graduate Scholar Department of Agricultural and Rural Management Tamil Nadu Agricultural University Coimbatore-641003

Post Graduate Scholar

Department of Agricultural and Rural Management

Tamil Nadu Agricultural University

Coimbatore-641003

S Varadharaj, Assistant Professor Department of Agricultural Economics Tamil Nadu Agricultural University Coimbatore-641003

Assistant Professor

Department of Agricultural Economics

Tamil Nadu Agricultural University

Coimbatore-641003

References

Agarwal, Manish (2009). Brand Management in Rural Markets, Journal of Contemporary Research in Management, 4, 9-18.

Business Line, The Hindu (2006, January 3) AP Government Moves MRTPC against Monsanto on Bt Cotton royalty (http://www.thehindubusinessline.com/2006/01/03stories/2006010301881200.htm.)

Qaim, M., & de Janvry, A. (2003). Genetically modified crops, corporate pricing strategies and famers’ adoption: The case of Bt cotton in Argentina. American Journal of Agricultural Economics, 85, 814-828.

Sadhasivappa, Prakash., & Qaim, Matin. (2009). Bt Cotton in India: Development of Benefits and the Role of Government Seed Price Interventions. AgBioForum, 12, 172-183.

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Published

16-11-2017

How to Cite

Velavan, C., Naveen Kumar, S., & Varadharaj, S. (2017). A Study on Farmers’ Willingness to Pay for Bt Cotton Seed Brands in Andhra Pradesh. Journal of Contemporary Research in Management (JCRM), 11(2). Retrieved from https://jcrm.psgim.ac.in/index.php/jcrm/article/view/457

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Section

Articles