Course Content
Introduction to farm management – definition, nature, and scope
This lesson will discuss about the definition, nature and scope of farm management.
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Farm planning – principles and techniques of farm planning
It includes making decisions regarding the organization and operation of a farm business so that it results in a continuous maximization of net returns of a farm business.
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Farm records, accounts, and their types
It is essential for a systematic and accurate farm records is helpful for the projection of successful plan and program for betterment.
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Farm inventory
It includes a complete listing of all that a farm owns and owes at a particular date, generally at the beginning and at the end of each agricultural year.
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Factors affecting farm cost and incomes
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Learn Farm Management with Rahul
About Lesson
  1. Soil: the structure of soil can affect in production cost of any crop. Eg. clay soil needs greater number of tillage than sandy soil.
  2. Labour utilization: Many farmers do work upto 14 hours for some days while no work on other days. Further the production depends upon skill of workers. Again, since the cot is calculated after the harvest and storage, labour requirement is difficult to remember and record are not maintained by every farmer.
  3. Seed: They quantity of seed required depend upon the type of soil, water availability, purity of seed and germination percentage of sed. These aspects effect the cost of seed required.
  4. Organic and inorganic fertilizers: Preparation of inorganic fertilizers require huge labour but during determining the cost, the labor requirement is not considered well and very less cost is determined for it.
  5. Depreciation of equipment: Every farmer has agricultural equipment which are used in various agricultural operations. It is problematic to put depreciation under each enterprise.
  6. Tax of land: Depending upon the productivity of land annual tax is collected by the government.
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