Cashew Plantation under the scheme MGNREGS in Nabarangpur

In Bagniguda village, Chatahandi G.P. in Nabarangpur Block, Cashew Plantation was taken up during the year 2015-16 over 20.00 Ha area covering 32 nos. of beneficiary i.e., SC_05 Nos. ,ST-16 Nos. and OBC-11 Nos. respectively. Earlier to this the land remained fallow due to severe degradable condition of the topography situated in the foot hills and the beneficiaries were not able to take up any crop. For this the beneficiary of the villagers demanded to the PD, Watersheds during the year 2015 along with application for taking up cashew plantation. This area over 20.00 Ha.(50.00 Acre) was selected through Grama Sabha to take up Cashew Plantations. The estimated cost for 1st Year operational cost is Rs.5,30,000 during the year 2015-16, 2nd year operational cost is Rs.1,78,000/- during the year 2016-17 and 3rd year operational cost is Rs.2,00,000/- during the year 2017-18, in totalRs.9,08,000/- for 3 years. The total no of plant population is 3500 Nos. over an area of 20.00 Ha. of plantation. For one Hectare of cashew plantation the investment cost is Rs.45,400/-and each beneficiary is entitled to get over 2 Acre area of cashew plantation having 140 Nos. of plants. The life span of cashew plantation is 35 years. After 5 years of plantation the economic yield starts paying dividend to the beneficiary without any investment over a gestation period is 30 years. Each beneficiary having 2 Acre of cashew plantation will get an average annual income of Rs.84,000/-. The detailed cost benefit of cashew plantation is given below: COST BENEFIT ANALYSIS OF CASHEW PLANTATION TAKEN UP UNDER MGNREGS OVER 20.00 HA.(50 ACRE) UNDER PD, WATERSHEDS, NABARANGPUR. 1.One Hectare of cashew Plantation consist of 175 no. of plants. 2. Estimated cost for raising One Ha. Cashew Plantation (for 3 Years)=Rs.45,300.00 (1st Yr. =Rs.26500/, 2nd Yr.=Rs.8900/- & 3rd Yr.=Rs.9900/-) 3. Total Area covered is 20 Ha. (50 Acre) with an estimated cost of Rs.9,08,00/- 4.Total No. of Beneficiary covered is 32 nos. (Each beneficiary will get -2 Acre plantation) 5. In one Acre- 70 nos. plants. Therefore for 2 Acre-140 nos. Plants. 6. Economic Yeild of cashew nut starts from 5th Yr. of Plantation upto 30 Years. 7. Average Yeild per Plant= 5 Kg. Therefore in 2 Acre=170 nos. of plants= 5 Kgx140 nos. = 700 Kg. 8. Selling Price of cashew nut is Rs.120/- per Kg. Therefore 700 Kg x Rs.120 = Rs.84000/ 2 Ac./ Beneficiary/ Annum. 9. Total Lifespan of cashew Plantation is over 35 Years. 10. One beneficiary per 2 acre for 30 Yrs will get Rs.84000/ annum x 25 Yrs.= Rs.21,00,000/- 11. Total Input cost per One Acre is Rs.18120/- Therefore for 2 Acre= Rs.36240/- For 50 Acre= Rs.9,08,000/- 12. Total benefit per beneficiary over 2 Acre for one Year = Rs. 84,000/- - Rs.36240/-= Rs. 47,760/- 13. Total benefit per beneficiary over 2 Acre for 25 Years = Rs. 21,00,000/- Rs.36240/-= Rs. 20,63,760/- 14. Each beneficiary will get a monthly income of Rs.5733/- for 25 Years & will get 5 month engagement in the plantation. Therefore over 32 Nos. of Household will get a sustainable additional income over and above of their daily wages for a period of 25 years. Hence Cashew plantation is one of the most remunerative profitable livelihoods for the asset less and poor farmers having their ownership in the degraded land holdings.
Financial Year : 0
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