5 Minutes Read

Melon farming: How to earn ₹1lakh with an investment of just ₹5,000

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

With cultivation costs amounting to just Rs 4000 to 5000 per acre, melon farming offers an attractive return on investment within a short period.

As the summer sun beats down and fields lie empty after the harvest of potatoes and wheat, farmers across the country are turning to melon cultivation as a profitable alternative. With the potential to earn up to 1 lakh from just an acre of land, melon farming has become the go-to option for many farmers seeking to maximise their earnings during the summer.

Vijay Kumar, a farmer from Usaini village in Firozabad, shares his success story, attributing his newfound profits to melon cultivation. Previously leaving his fields vacant after potato cultivation, Kumar’s decision to venture into melon farming has paid off handsomely. With proper ploughing and the use of high-quality seeds, Kumar has managed to achieve impressive yields in just 60 days.

Following guidance from Krishi Vigyan Kendra and implementing techniques such as bed or drain method cultivation, Kumar emphasises the importance of proper field preparation and seed spacing. By investing in low-cost methods such as ploughing, sowing, and minimal irrigation, Kumar highlights the affordability and profitability of melon cultivation.

Farmers can easily harvest around 10 quintals of melons from a bigha of land and earn a substantial amount. With cultivation costs amounting to just 4,000 to 5,000 per acre, melon farming offers an attractive return on investment within a short period.

Crucially, irrigation is only required once the fruits appear, minimising water usage and further reducing costs for farmers. Additionally, with melon prices ranging from 10 to 15 per kilogram in the market, farmers can secure a favourable price for their produce, ensuring a profitable venture.

As farmers look for sustainable and lucrative alternatives to traditional crops, melon cultivation emerges as a promising opportunity. With a short cultivation period, minimal investment requirements and high-profit potential, it presents a win-win situation for farmers looking to make the most of their land during the summer.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
Start Quiz Now
Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?