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What are the economic benefits of vermicomposting? 

Research Question

What are the economic benefits of vermicomposting? 
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Academic Insights

Vermicomposting offers significant economic benefits, including income generation, cost savings, and economic empowerment, particularly for rural and marginalized communities.

Key Insights

  • Income Generation:

    • Vermicomposting provides an additional source of income for farmers and entrepreneurs by converting organic waste into valuable compost that can be sold .
    • The technology has been proven to be economically viable, with various products derived from vermicomposting contributing to financial gains .
  • Cost Savings:

    • Using vermicompost and its derivatives can lead to significant savings by reducing the need for chemical fertilizers and pesticides .
    • Vermicomposting can also reduce the financial burden of waste disposal, as demonstrated in a study where the cost of food waste disposal was significantly lowered .
  • Economic Empowerment:

    • Vermicomposting has been identified as a successful model for economic empowerment and sustainable livelihood, especially in rural areas with limited socio-economic resources .
    • It provides self-employment opportunities and has a visible impact on the economic upliftment of small and marginal farmers .

Conclusion

Vermicomposting not only supports environmental sustainability but also offers substantial economic benefits by generating income, reducing costs, and empowering economically disadvantaged communities.

2

Assessment of Vermicomposting as a Waste Management Technology and a Livelihood Alternative in the Philippines

8 citations | Journal of Environmental Science and Management | J. Adorada | 2008Cite
3

Impact of Vermicomposting Technology Training Conducted by KVK in Acquiring the Skills by the Respondents

International Journal of Current Microbiology and Applied Sciences | S. Sourabhet | 2018Cite
7

A metagenomic analysis displays the diverse microbial community of a vermicomposting system in Uganda

29 citations | Infection Ecology & Epidemiology | A. Blomströmet | 2016Cite
8

Design, Fabrication, and Performance Evaluation of a Vermicomposting Machine

ERN: Performance Evaluation (Topic) | Allen Julius Christ B. Declaro | 2018Cite
9

Evaluation of Automated Portable Vermicomposting Bin

International Journal for Research in Applied Science and Engineering Technology | Pratisruti Mohapatraet | 2023Cite
10

Vermicomposting via Precomposting of Eucalyptus Leaves for Proper Waste Management and Sustainable Agriculture Growth

3 citations | Communications in Soil Science and Plant Analysis | Tanaji S. Bhagatet | 2022Cite
11

Automated Vermicomposting Using Portable Bin

International Journal for Research in Applied Science and Engineering Technology | B. Sahooet | 2023Cite
12

Response of Antibiotic Resistance Genes and Related Microorganisms to Arsenic during Vermicomposting of Cow Dung

3 citations | International Journal of Environmental Research and Public Health | Zijun Liet | 2022Cite
13

Review on Recycling of Food Waste to Produce Plant Fertilizers

International Journal for Research in Applied Science and Engineering Technology | Nidhi Kansoriyaet | 2023Cite
15

Analysis of anthropogenic impact on the environment, measures to reduce it, and waste management

1 citations | Frontiers in Bioengineering and Biotechnology | N. Eremeevaet | 2023Cite
16

TINJAUAN SOSIOEKONOMI PEMANFAATAN FESES SAPI DENGAN TEKNOLOGI VERMICOMPOSTING

Journal of Environmental Engineering & Waste Management | Ratnaningsih Ruhiyatet | 2018Cite
17

Reaction Kinetics in the Vermicomposting Process of Peach Waste

4 citations | Life | Lorena De Medina-Salaset | 2022Cite
20

Eichhornia crassipes (Mart.) Solms: Uses, Challenges, Threats, and Prospects

44 citations | The Scientific World Journal | O. Ayandaet | 2020Cite
22

The Cost-Benefit Fallacy: Why Cost-Benefit Analysis Is Broken and How to Fix It

Journal of Benefit-Cost Analysis, October, 2021, pp. 1-25 | Bent Flyvbjerget | 2021Cite
28

Test cost and misclassification cost trade-off using reframing

Celestine Periale Maguedong-Djoumessiet | 2013Cite

Related Questions

  • How does vermicomposting impact soil health?
  • What are the environmental advantages of vermicomposting?
  • Can vermicomposting reduce waste disposal costs?
  • What crops benefit most from vermicompost?
  • How does vermicomposting compare to traditional composting?

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