Economic potential of Angelica glauca Edgew: an endangered plant of western Himalaya

Abstract

The present study was carried out to assess the economic viability of Angelica glauca. Cost benefit ratio tool was used to assess the net benefit that could lure the local farm community to bring this important species in farm cultivation and thus promote the ex-situ conservation of species. To observe the economic yield of plants, underground parts of the plant from treatments were uprooted at the end of growing season. Cost benefit analysis was calculated on the basis of total output in the form of cash and total investment on various development activities. The cost of cultivation including all the inputs among different treatments varied from Rs. 76606.47 (F0) to Rs. 114544.28 (F6). Similarly, while calculating the return, the total dry plant biomass obtained was multiplied by the average of prevailing market rate of Angelica glauca. The Benefit Cost Ratio (BCR) among the various treatments varied from 1.91 (F2) to 2.49 (F7) and the highest benefit-cost ratio of 2.49 was observed when FYM @ 10t/ha along with Azotobacter @ 5 kg/ha and PSB @ 5 kg/ha were applied.

Keywords

• Endangered species
• Medicinal plant
• Organic fertilizers
• Benefit Cost ratio