A STUDY ON THE PRODUCTION POTENTIAL OF SOYA IN MADHYA PRADESH

Dr. Sukhjeet Matharu, Ravindra Nagar, Prateek Namdev

Abstract


Madhya Pradesh is the highest producer of Soyabean due to various favorable factors. Soybean is the most important kharif crop of Madhya Pradesh. In fact it is the agricultural crop touching the lives of nearly 100 percent of the farming families in Madhya Pradesh. The purpose of this research is to determine the production potential of Soya in Madhya Pradesh on the basis of past records. The present study has used  secondary data which was collected from reliable sources for forecasting the production potential of soya in the upcoming years. The results of this study will be helpful for determining the contribution of the state in the international trade for soya export & thus contribution in the Indian economy. This study will enable to produce efficient and useful results for the entrepreneurs, government and who so ever it may concern. The study revealed that on an average a growth rate of 21.35% is expected in soya production in Madhya Pradesh. The present study will encourage stake-holders to initiate the exports of concerning sector along with  the sustainable growth and that will not only  lead to promotion of exports of Madhya Pradesh, but also this will give the pace to growth of emerging Indian economy.

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ISSN : 2251-1555