Suryavanshi et al., International Journal of Theoretical & Applied Sciences, 16(1): 28-32 (2024) 28 ISSN No. (Print): 0975-1718 ISSN No. (Online): 2249-3247 Use of Biomix in Turmeric Cultivation: An Economic impact in Marathwada Region Someshwar B. Suryavanshi 1* , Sachin S. More 2 and Tukaram B. Munde 3 1 M.Sc. Student, Department of Agricultural Economics, College of Agricultural, VNMKV, Parbhani (Maharashtra), India. 2 Associate Professor, Department of Agricultural Economics, College of Agricultural, VNMKV, Parbhani (Maharashtra), India. 3 Teaching Associate, Department of Agricultural Economics, College of Agricultural, VNMKV, Parbhani (Maharashtra), India. (Corresponding author: Someshwar B. Suryavanshi*) (Received 27 November 2023; Accepted 08 January 2024) (Published by Research Trend, Website: www.researchtrend.net) ABSTRACT: India holds the position of the world's largest producer, consumer, and exporter of turmeric. In the fiscal year 2023, Maharashtra emerged as the leading turmeric producer, contributing over 278 thousand metric tons. This study focused on assessing the economic impact of the Biomix product on turmeric cultivation for the period 2022-2023, with the Biomix being developed by the VNMKV Parbhani, a state agricultural university. Farmers can use this knowledge to make informed decisions about crop choices, resource allocation, and investment in technology or infrastructure. Additionally, economic impact assessments can inform policymakers about the needs of the agricultural sector, potentially leading to better support and policies that benefit farmers. Required primary cross-sectional data was gathered using a pre- tested schedule, and the analysis utilized partial budgeting techniques and profit regression. The result of study revealed that integrating Biomix and optimizing input utilization led to reduced cultivation costs and increased net profit for cultivators. Adopters achieved a gross produce of Rs. 43.73 per hectare, with a benefit- cost ratio of 1.59, surpassing non-adopters. Additionally, adopters recorded a net profit of Rs. 127, 196.12, outperforming non-adopters. The positive impact of yield on farmers' income was notably significant, with information sources, loans, and access to credit showing a statistically significant influence at the 1% level, indicating that an increase in these factors is associated with a significant rise in yield. Therefore the adopter farmers benefited from the use of Biomix in turmeric cultivation. Keywords: Turmeric, cost of production, economic impact, cost of cultivation, Biomix. INTRODUCTION Turmeric is an important spice grown in India since ancient times. It is referred as Indian saffron and commonly called as Haldi. India is the largest producer, consumer, and exporter of Turmeric in the world. Estimated production volume of turmeric in India financial year 2023, by state, the state Maharashtra with over 278 thousand metric tons, was the leading producer of turmeric in India, Telangana and Karnataka were second and third in the ranking during that year. The rhizomes are used fresh or boiled in water and dried, after which they are ground into a deep orange-yellow powder commonly used as a coloring and flavoring agent in many Asian cuisines, especially for curries, as well as for dyeing, characteristics imparted by the principal Turmeric constituent, Curcumin. In Turmeric powder there is 60 to 70 per cent carbohydrates, 6 to 13 per cent water, 6 to 8 per cent protein, 5 to 10 per cent fat, 3 to7 per cent dietary minerals, 3 to7 per cent essential oils, 2 to 7 per cent dietary fiber, and 1 to 6 per cent curcuminoids. The global production of Turmeric is around 11 lakh tones in year 2020. India dominates the world production scenario contributing 80 per cent followed by China (8 per cent), Myanmar (4 per cent), Nigeria (3 per cent) and Bangladesh (3 per cent). Major Turmeric importing countries from India are Bangladesh (15,888.88 tonnes), Iran (11,859.50 tonnes), Morocco (7,225.72 tonnes), USA (6,318.45 tonnes) and UAE (5,938.10 tonnes). Since last 15years researchers are working on use of bioagents consortia for management of plant diseases. The department of plant pathology VNMKV, Parbhani had also tried to develop the consortia of bio agent named “Biomix” for management of plant diseases, pests, and improvement of plant health. Its use in Turmeric has made revolutionary changes in Turmeric growing area of Marathwada region. The Biomix has resolved the major disease and pest problems viz., White grub, rhizome rot with improvement of yield and quality in Turmeric. Hence, the primary objective of the present study is to evaluate the economic influence of the Biomix product on turmeric in the Marathwada Region of Maharashtra. METHODOLOGY For the present study multistage sampling design was adopted in selection of district, tehsils, villages and International Journal of Theoretical & Applied Sciences, 16(1): 28-32(2024)