Trend and Growth of Export from Medicinal Plants and Aswahagandha in India
Journal Title: Journal of Social Welfare and Management - Year 2019, Vol 11, Issue 3
Abstract
Medicinal plants defend the means of support of millions of people, predominantly in the Indian Himalayan region. The present paper deals with the trend and growth of export earnings from medicinal plants and aswahagandha in India. The study has the following objectives 1. To study the earnings from medicinal plants during the 14 year period from 2004–05 to 2017–18. 2. To find out the trend and growth of export earnings from medicinal plants and aswahagandha in India. 3. To analyse the percentage share of Aswahagandha in medicinal plants exports from India. The study based on secondary data from 2004–05 to 2017–18. The secondary data collected through internet, books, newspaper, journals records and brochures. The tools used for the study were percentage analysis, mean, standard deviation, linear trend and compound growth rate and coefficient of variation. It reveals that the earnings from these items gained momentum only in the 2010s and the trend in earnings from export of medicinal plants is found to be inconsistent. Earnings from Aswahagandha are found to have to have increased from `3542.02 lakhs to `16586.44 lakhs in 2015–16. The trend in export earnings from Aswahagandha continues to be positive except for the year 2005–06 and 2017–08. The share of Aswahagandha in the overall export earnings though not uniform in finding to be high and the percentage share varies from 25.84 per cent to 97.33 percent. Hence, the earnings from export of medicinal plants in India show a positive growth at a rate of 3.45 percent. In the case of Aswahagandha, it is showing a positive trend growing the rate of 10.55 per cent.The overall picture reveals that the demand for Aswahagandha is found to have increased and Aswahagandha has a good market in both Western and Eastern Countries.
Authors and Affiliations
D Amutha
Keywords
Related Articles
- EP ID EP671140
- DOI 10.21088/jswm.0975.0231.11319.2
- Views 83
- Downloads 0
A Study of Living Conditions of Fisher Men in Tiruchendur Taluk
Fisheries sector occupies a very important place in the socio-economic development of the country. It has been recognized as a powerful income and employment generator as it stimulates growth of a number of subsidiary in...
Nexus between Managerial Compensation and Financial Performance, Size of the Firm & Risk of Indian Manufacturing Companies: A Study on Automobile Companies
In India the issue of managerial compensation has been seen with greater importance since the start of liberalisation, privatization and globalisation. More specifically, after the collapse of some renowned large compani...
Trend and Growth of Export from Medicinal Plants and Aswahagandha in India
Medicinal plants defend the means of support of millions of people, predominantly in the Indian Himalayan region. The present paper deals with the trend and growth of export earnings from medicinal plants and aswahagandh...
A Study on Consumer Perception Towards Ready to Eat Foods
Food has perpetually been Associate in nursing integral a part of the society. Over the amount, India has been witnessed to be influenced by the culture than will creeps in Ready-to-Eat (RTE); Food Packages which give a...
Community Radio Listening Habits of Women Living in the Resettlement Colonies of South Delhi District, Delhi
The paper highlights relevance of radio in the marginalized communities with specific reference to women. With the advancement of 21st century, the position of women is also changing at a fast pace. The country’s overall...