Economic Analysis of Plant Growth Promoter - Pulse Magic Application on Pigeonpea Production in Karnataka, India

Pigeonpea (Cajanus cajan (L) mill. sp.) is one of the major pulse crops of the tropics and sub-tropics and has several unique characteristics. The study was conducted in the Raichur district of Kalyan Karnataka region. Pulse Magic is a combi product, released by the University of Agricultural Sciences, Raichur as it contains major nutrients, micronutrients and Plant Growth Regulators (PGRs) which help the crop to achieve maximum yield potential. A total sample size of 120 respondents consisting of 60 users and 60 non-users of Pulse Magic. The total cost of cultivation of pigeon peas with Pulse Magic use was (₹ 23238) considerably higher than non-users (₹ 22344). The net return accrued was also highest in Pulse Magic users (₹ 16951.62) compared to non-users (₹ 11287.52). The returns per rupee of investment were found to be marginally higher in Pulse Magic (1.73) users compared to non-users (1.50). The per acre incremental gain yield was 19.52 per cent due to the application of Pulse Magic in comparison with non-adoption of Pulse Magic technology. The partial budgeting revealed a higher net gain of ₹ 5667 per acre in Pulse Magic users compared to non-users of Pulse Magic on pigeon pea production. The results of the probit model indicated that age, education, variety and extension contact were statistically influencing in adoption of Pulse Magic technology.