Author(s): Pratibha Bhatnagar, Rajesh Barman

Email(s): pratibhasfri1@gmail.com

DOI: 10.52711/0975-4385.2024.00018   

Address: Pratibha Bhatnagar1, Rajesh Barman2
1Retd. Senior Scientist and Head, Division of Social Economics, Marketing and Mensuration, M.P. State Forest Research Institute Jabalpur.
2Research Fellow Division of Social Economics, Marketing and Mensuration, M.P. State Forest Research Institute Jabalpur.
*Corresponding Author

Published In:   Volume - 16,      Issue - 2,     Year - 2024


ABSTRACT:
Bakuchi (Psoralea corylifolia) is a leguminous herb widely used in traditional medicine. Native to China and South Africa, it is prevalent in Indian semi-arid regions. The plant, cultivated in sub-tropical climates, yields seeds used for skin ailments. The study explores the wholesale market trends of Bakuchi in two regional markets Katni in Madhya Pradesh and Dhamtari in Chhattisgarh. Primary data from Market Information Service quarterly surveys and trader interviews were undertaken. The study reveals regional price variations. Statistical tools like linear regression, coefficient of variation, and annual changes delineate price movements and market-specific variations in Bakuchi prices. In 2010-2014, Katni averaged Rs. 3112/qtl (CV: 37.15%), and Dhamtari averaged Rs. 3832/qtl (CV: 27.35%). In 2015-2021, prices rose to Rs. 4830/qtl in Katni (CV: 23.87%) and Rs. 5246/qtl in Dhamtari (CV: 18.86%), with reduced variability. Katni experienced fluctuating prices, hitting a peak of Rs. 7250/qtl in 2021, while Dhamtari showed a consistent upward trend reaching Rs. 7160/qtl. Both regions experienced significant annual price fluctuations. This analysis serves valuable to assist stakeholders, traders and policy makers in understanding the economics, pricing patterns and market behaviour of Bakuchi trading.


Cite this article:
Pratibha Bhatnagar, Rajesh Barman. Price Analysis of Bakuchi (Psoralea corylifolia) in Regional Markets of Central India: Katni and Dhamtari. Research Journal of Pharmacognosy and Phytochemistry. 2024; 16(2):95-8. doi: 10.52711/0975-4385.2024.00018

Cite(Electronic):
Pratibha Bhatnagar, Rajesh Barman. Price Analysis of Bakuchi (Psoralea corylifolia) in Regional Markets of Central India: Katni and Dhamtari. Research Journal of Pharmacognosy and Phytochemistry. 2024; 16(2):95-8. doi: 10.52711/0975-4385.2024.00018   Available on: https://rjpponline.org/AbstractView.aspx?PID=2024-16-2-7


REFERENCES:
1.    Alam Fiaz, Gul Nawaz Khan and Muhammad Hassham Hassan Bin Asad (2017). Psoralea corylifolia L: Ethnobotanical, biological, and chemical aspects: A review. Phytotherapy Research, 32:597–615.
2.    Agro-techniques of selected medicinal plants (2008). National Medicinal Plants Board, Department of AYUSH, Ministry of Health and Family Welfare, Government of India, Vol. II:1-3. NMPB (2008).
3.    Bhatnagar, Pratibha (2015). MIS Project report - Demand study for medicinal plants in Madhya Pradesh. State Forest Research Institute, Jabalpur, Madhya Pradesh. pp:15
4.    Bi Salma, Jamal Akhtar, Fouzia Bashir and Rehana Alvi (2020). Pharmacological investigations of Babchi (Psoralea corylifolia Linn) – An important drug of Unani system of medicine. International Journal of Unani and Integrative Medicine, 4(1): 32-36.
5.    Babasaheb Khandekar Surekha, Mhase Ulka Prabhakar, Tabassum Arif Pansare and Maurya Ramjeet Sharadkumar (2023). Pharmacological review of Bakuchi (Psoralea corylifolia linn). International Journal of Scientific Development and Research, Vol. 8(8):484-489
6.    https://www.planetayurveda.com/library/bakuchi-psoralea-corylifolia/
7.    https://vikaspedia.in/agriculture/crop-production/package-of-practices/medicinal-and-aromatic-plants/psoralea-corylifolia
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