The cost of cultivation of crops is vital economic indicator being taken into consideration for framing the agricultural strategies by Government of India. The study used the cost of cultivation data for the period from 2000-01 to 2015-16 compiled from various sources and publications for profitability analysis of wheat crop. The study used the “Cost of Cultivation of Principal Crops in Rajasthan” by DES, New Delhi uses different cost concepts for estimating costs and returns. In the present study, the cost C2 was considered for computing profitability. Cost C2 in CCPC data covers all the variables and fixed costs. Net income and return per rupee invested on wheat crop had increased during the period TE 2003 to TE 2015. Farmers received 2.05 rupee extra after spending 1rupee cost on wheat crop in TE 2015. Total cost per hectare at cost C2 was found to be ` 20293.80 in TE 2003 and ` 50404.18 in TE 2013, it showed 148.37 per cent increase. Cost C1 had the highest percentage change of 149.79 per cent over the period. Cost A1 and cost A2 showed 129.05 and 125.58 per cent increase, respectively during TE 2003 to TE 2015. Gross income from wheat increased from ` 27378.01/hectare to ` 67796.52/hectare between TE 2003 to TE 2015 with 147.63 per cent increase in gross return.

Highlights

• Farmers received 2.05 rupee extra after spending 1rupee cost on wheat crop in TE 2015.
• Gross income from wheat increased from ` 27378.01/hectare to ` 67796.52/hectare between TE 2003 to TE 2015 with 147.63 per cent increase in gross return.
• Net income and return per rupee invested on wheat crop had increased during the period TE 2003 to TE 2015.