Financial feasibility and consultancy services of agro-service centre: a case study of Bhairavnath Krushi Bhandar, Indapur, Maharashtra

Abstract

Agro-service centers play a significant role in strengthening agricultural development and rural economy by providing quality agricultural inputs, consultancy services, and technical guidance to farmers. The present study was conducted at Bhairavnath Krushi Bhandar located at Bhigwan, Taluka Indapur, District Pune, Maharashtra. The study aimed to analyze the documentation and establishment process of agro-service centers, consultancy services provided financial feasibility, and SWOT analysis of the selected unit. Primary data were collected through personal interviews with the owner and field observations, while secondary data were obtained from journals, reports, and websites. The study revealed that the total capital investment of the unit was Rs.11, 63, 500 and annual operating cost was Rs 36,43,000. The total cost of the enterprise was estimated at Rs 42, 35, 60. Financial feasibility analysis indicated a Benefit-Cost Ratio (BCR) of 1.24, Net Present Worth (NPW) of Rs 28, 26, 805, and Internal Rate of Return (IRR) of 43 percent and the Pay Back period was 1 year,3 Months confirming the economic viability of the agro-service center.