The Social and Economical Impacts of Organic Farming on Agriculture and the Environment

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In the era of sustainable development the new economic theory of development today is “Environmental economics” that balances between economy and ecology. In all development programmes including agriculture there is an amalgamation of economic development with ecological conservation. The chemical fertilizers are being used considerably in conventional agriculture that adversely affects the farm land and economy of farmers. The UNCED directive of Agenda 21 emphasizes the need for ecological and social equity for a sustainable future. In view of this the farmers can be encouraged for production of vermicompost from the organic resources available at farm. The rural agricultural community struggle to strive through the high costs of fertilizers and later on the implications from it. Hence there is a need to materialize the adequate capital for the agriculture by assessing the economics of production and marketing of vermicompost. The vermicompost can be produced at farm using locally available resources and simple devices. This will also develop an opportunity for entrepreneurship among Ethiopian farmers. Efficiency of marketing depends on the purchase behavior of farmers. In the present study an assessment was done about the cost of materials needed to start with a vermicompost unit and the cost of production of vermicompost and the ultimate benefit from it. Nearly 2830Ethiopian birr is required to start with a unit and the nutrients analysis of compost costs 250 Ethiopian birr per sample. The initial total cost of production may be 3000 Ethiopian birr which will be less in subsequent years as the production unit is a permanent one. The emerging business environment can add benefit to the marketing of vermicompost and thereby en...

... middle of paper ...

...mpost in citrus cultivation in Maharashtra. Agricultural Economic Research Review, 20(Conference): 608, 2007.
Shivakumara, C. Production and marketing of vermicompost in Karnataka: A case of Dharwad district,MBA (Agribusiness)Thesis, University of Agicultural Sciences, Dharwad, 2008.
Shivakumar, C., Mahajanashetty, S.B., Murthy, C Basavaraja, H and Hawaldar, Y.N. Production and marketing of vermicompost in Dharwad district: An economic analysis. Karnataka J of agric Sci., Vol.22 no. 4 pp. 850-853, 2009.

Table-1 The materials and expense for the construction of a vermicompost unit
S No. Item Measurements Amount Unit cost
(birr) Total cost
(birr)
1. Wood No 20 50 800
2. Thatch Bundle 4 100 400
3. Nails Kg 1 40 40
4. Polythene sheet m 16 20 320
5. Sieve m 2 35 70
6. Earthworm Kg 2 300 600
7. Carpenter(for construction) Man days 3 200 600
Total 2830

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