Economic Analysis of <I>Acacia auriculaeformis</I> Plantation in Gaya District of Bihar

Abstract

One of the 1973 planatian of Gaya Afforestation Division has been taken up for economic analysis. The plantation was a predominantly Acacia auriculaeformis plantation. In the year 1988 this plantation was departmentally exploited. At the time of exploitation, only 14,109 trees of Acacia species was surviving out of total of 69,600 trees of Acacia planted in 1973. Thus the survival rate was only 20.27%. Still the Internal Rate of Return of the plantation was found to be 12.816%. Acacia auriculaeformis is not a very economic species as it has got very limited timber value. Thus even after such a low survival percentage, the plantation of Acacia auriculaeformis is found to be economically viable scheme.