In India, cash crop farming is a year-round profitable farming process. An agricultural crop grown for profit is called a cash crop. The cash crop is produced for export or sale purposes only and not for the use of the grower. This is a crop that has historically produced a high rate of return on farmers’ investment. A cash crop or a profitable crop is an agricultural crop that is grown to sell for a profit. let’s check out ways cash cops make you rich in a short period of time.
Role of cash crops
Cash crops are often replaced by staple food such as Rice, Wheat, or Maize to maximize profits through foreign exchange. Most of the basic food products required by the local people are exported to other countries. With high demand in foreign countries, cash crops often become expensive and unbearable for the poor. Cash crops contribute to economic growth, but they also force many subsistence and tenant farmers to give up their land to make room for industrial farming.
Ways cash cops make you rich in a short period of time: Most profitable crops in India
Rice is the first crop on the list. Rice is one of the most widely eaten foods and is therefore in high demand. That is why it is widely cultivated all over the world. And it covers one-third of the total cultivated Indian area. The largest rice-producing states in India are West Bengal, Punjab, Uttar Pradesh, Andhra Pradesh, and Bihar. India has about 44 million hectares of land under rice cultivation. Experts said that some varieties of paddy are producing 30 to 32 quintals per acre.
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‘Krishna Kamod’, the variety of basmati rice for which he got seeds, is famous for its taste, color, and aroma. Gradually, for seven years, he increased his cultivation to one hectare, and last year, Mr. Kumar planted about 2500 kg of rice. And instead of selling rice in the open market, he sold seeds to farmers at Rs. 200 per kg. He spent ₹ 85,000 on farming last year and made a profit of ₹ 500,000.
Wheat is the second crop on this list. After rice, wheat is the most widely-eaten food crop in India. It requires low temperatures and cools the growing season. The best time to sow wheat is when the average daily temperature is between 23 ± 3°C and for good cultivation, the temperature should be between 16-20°C. Wheat is a widely adapted crop that can be grown in temperate to tropical and cold northern regions. In addition, it can be cultivated anywhere from land to sea level at an altitude of 3300 meters.
Places where there is a cold, humid climate for most of the year followed by a short, dry, and warm season which is best suited for wheat cultivation. This type of weather condition allows the grain to ripen and ripen properly. However, areas with heavy rainfall, humid and hot climates are not suitable for commercial wheat cultivation. Uttar Pradesh, Punjab, Madhya Pradesh, Haryana, and Rajasthan are some of the major Wheat producing states in India.
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It matures in about 162 days and has an average yield of 18 to 25 quintals per acre. One acre of land yields about 20 quintals of wheat in a good year. One quintal is equal to 100 kg. In a bad year, production can be reduced by half or three-quarters, or 7-10 quintals. At a minimum support price (MSP) of about Rs. 1,450 per quintal, a farmer can earn about Rs. 29,000 per acre.
Maize is the next most profitable crop on the list. Maize is a crop that is used as both fodder and food. This is the Kharif crop which is popular among the people. Karnataka, Maharashtra, Madhya Pradesh, Tamil Nadu, and Telangana are the major maize producing states. Because corn contains a good amount of minerals which is considered to be very good for health. By doing business with Corn, you can earn Rs. 1,10,000 in a month i.e., Rs. 12 lakhs per year.
To start a Corn business, you need to have a good hand, because if you have good land, you will be able to plant it well. To start a corn business, you need to have a good hand, because if you have good land, you will be able to plant it well. And, you should have a total space of 2000 to 3000 square feet. Sri Anant Kumar was doing farming for a long time. He already had 2 acres of land, but he was interested in cultivating more land to increase his income. He also started using Zero Tillage machines, which increased his wheat production and greatly benefited him, as does the protection of agriculture.
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As he became more familiar with this method of farming, many farmers came in contact with him. The use of these methods increases its revenue by 50-55% in 2-3 years. Through them, at least 500-550 farmers have been introduced to modern farming methods and machines. And now many farmers are becoming more interested in its farming methods. Now using all these methods, he is earning 4.00 lakhs and now they are living their lives happily.
In India, it is one of the most profitable cash crops. Cotton is the Kharif crop. Temperatures ranging from 21°C to 30°C are considered suitable for growing cotton. It provides livelihood to 6 million farmers. About 40 to 50 million people work in the cotton trade and processing. Profit or income returns in Cotton cultivation.
The market price of cotton is Rs.40-50 per kg. Thus, the total profit per acre of cotton is Rs. 63,000. The benefit-cost ratio will be about 2.6, so cotton cultivation is profitable. Under proper requirements and proper care, cotton cultivation will give a profitable return to the farmers.
India is the second-largest producer of sugarcane after Brazil and has the largest area under sugarcane in the world. Medium and heavy soils where irrigation facilities are available are ideal for cultivation. It can be grown on a variety of soils and need manual labor from sowing to harvesting. A total of 400,000 acres of land in India is under sugarcane cultivation and more than 2.8 lakh farmers in India are engaged in its cultivation with more than 110 million people directly or indirectly dependent on the sugar industry in the country.
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Suresh Kabade is a farmer who earns Rs 50-60 lakh from Sugarcane. Suresh lives in the Sangli district of Maharashtra, has developed a new breed of seed for better production of sugarcane. Suresh has also developed a new seed variety (species-86032) for better sugarcane production. These tissue culture seeds require less care and produce good yields in addition to avoiding pests.
Suresh has a distance of 5-6 feet between sugarcane. He maintains the rows in the accuracy of the digital program. Fertilizer is also applied in such a way as to give maximum benefit to the plant. Suresh produces an average of 100 tonnes of sugarcane per acre. The price of sugarcane in Maharashtra is Rs 3,000 per tonne, which means we get Rs 3 lakh per acre. Out of this, Rs 70,000 to 80,000 is the cost.
Jute is the 2nd most important natural fiber crop in India after Cotton. In Trade and Industry, Jute and Mesta crop together are called raw jute because their use is almost the same. Jute is also known as golden fiber and it is an important cash crop of India and has many uses. Jute requires 160-200 cm of rainfall per year and additional requirement during the sowing period. Jute in red soil requires a high amount of fertilizer and has a pH range between 4.8 and 5.8.
Jute is usually sown in lowland areas in February and upper areas in March-May. The Jute crop takes 8 to 10 months to mature. However, different types take different times to mature. Jute harvesting begins in July and lasts until October. Farmers in various rural areas of the Saptari district are cultivating jute as a cash crop. Rameshwar Yadav, a farmer from Rampura Malhaniya, said he was earning Rs. 500,000 per year from selling jute.
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One acre of garlic will earn between Rs. 5 to 10 lakhs. Garlic is an excellent low-maintenance cash crop. Garlic is a cash crop. Demand for this variety has grown significantly throughout India. From being used as a spice to medicine, it is an important part of the typical Indian kitchen. If you are also thinking of cultivating it, this particular variety will make you rich
Farmers cultivating Riya Forest Garlic say that per quintal of this garlic is Rs. 10,000 to Rs. 21,000 per quintal and the cost is up to Rs 40,000 per acre. In such cases, farmers can earn from Rs 5 lakh to Rs 10 lakh by cultivating the Riya Forest variety of Garlic on an acre.
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