An evaluation of capsicum varieties was carried out under naturally ventilated greenhouse in the technology park of Krishi Vigyan Kendra, Faridkot during the years 2015-16 and 2016-17. During the present study, three cultivars of capsicum namely Orobelle (yellow), Bomby (red) and Indra (green) were grown in the greenhouse. The grown crop was irrigated with three irrigation levels, i.e., I1:100 per cent replenishment of crop evapotranspiration (ETc), I2: 80 per cent of ETc and I3:60 per cent of ETc. There were three levels of fertigation, F1: 120 per cent of targeted fertilizer dose; F2: 100 per cent of targeted fertilizer dose and F3: 80 per cent of targeted fertilizer dose. Statistical analysis was carried out as per split plot design. The economic returns were calculated on the basis of no subsidy and with 50 per cent subsidy. The cost of marketable yield for yellow and red colored capsicum were taken as rupees 35 per kg each and rupees 25 for green coloured capsicum. The average yield per plant recorded from present study was 3.6 kg, 3.4 kg and 3.9 kg for yellow, red and green capsicum, respectively. The gross returns were calculated as 1.512, 1.428 and 1.17 lakh from yellow, red and green capsicum, respectively. Net returns per 560 sq m area for without subsidy case under green, yellow and red capsicum was calculated as Rs. 1464/-, Rs. 35664/-and Rs. 27264/-, respectively, whereas for the case of 50 per cent subsidy, it was Rs. 40727/-, Rs. 74927/-and Rs. 66527/-,respectively. The average Benefit-Cost ratio for greenhouse cropped green, yellow and red colored capsicum was 1.

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