A field experiment was conducted at Krishi Nagar Farm, Department of Agronomy, Jawaharlal Nehru Krishi Vishwa Vidyalaya, Jabalpur (M.P.) during kharif season 2018, on effect of chitosan (plant growth enhancer) on yield and economics of transplanted rice. The field experiment was laid out in randomized block design with thrice replication. The experimental results revealed that maximum grain yield (4471 kg ha-1), straw yield (7702 kg ha-1), gross monetary returns (93649 Rs. ha-1), net Monetary returns (56068 Rs. ha-1) and benefit-cost ratio (2.49) were recorded under application of 100% RDF + 1% Chitosan at 20, 40 and 60 DAT over the rest treatments.