Volume 12, Issue 1, July 2015, Pages 235–242
Riffat Ara Zannat Tama1, Ismat Ara Begum2, Mohammad Jahangir Alam3, and Shamina Islam4
1 Lecturer, Dept. of Agricultural Economics, Bangladesh Agricultural University, Mymensingh-2202, Bangladesh
2 Dept. of Agricultural Economics, Bangladesh Agricultural University, Mymensingh-2202, Bangladesh
3 Dept. of Agribusiness and Marketing, Bangladesh Agricultural University, Mymensingh-2202, Bangladesh
4 Deen International School and College, Dhaka, Bangladesh
Original language: English
Copyright © 2015 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
This study was undertaken to assess the financial profitability of aromatic rice production. A total of 45 farmers of some selected villages of Chirirbandar upazila of Dinajpur district were considered as sample for achieving these objectives. To collect data, a questionnaire was administrated through face-to-face interviews of the sample farmers. Collected data were analyzed with descriptive statistics. The result of descriptive analysis revealed that the average family size of aromatic rice growers was 4.64 and 88.88 percent of total sample farmers were literate. Total costs for aromatic rice was estimated at Tk. 64446.51 per hectare and per hectare gross return of aromatic rice was Tk. 114243.71. Gross margin for aromatic rice was estimated at Tk. 59999.29 per hectare. Thus, the net return was estimated at Tk. 49797.20 for aromatic rice production. The undiscounted Benefit Cost Ratio on the basis of total cost was 1.77 implying that the aromatic rice production was highly profitable. Finally, some policy recommendations based on the findings of the study were suggested in the study.
Author Keywords: Aromatic rice, Production, Profitability, Financial analysis.
Riffat Ara Zannat Tama1, Ismat Ara Begum2, Mohammad Jahangir Alam3, and Shamina Islam4
1 Lecturer, Dept. of Agricultural Economics, Bangladesh Agricultural University, Mymensingh-2202, Bangladesh
2 Dept. of Agricultural Economics, Bangladesh Agricultural University, Mymensingh-2202, Bangladesh
3 Dept. of Agribusiness and Marketing, Bangladesh Agricultural University, Mymensingh-2202, Bangladesh
4 Deen International School and College, Dhaka, Bangladesh
Original language: English
Copyright © 2015 ISSR Journals. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract
This study was undertaken to assess the financial profitability of aromatic rice production. A total of 45 farmers of some selected villages of Chirirbandar upazila of Dinajpur district were considered as sample for achieving these objectives. To collect data, a questionnaire was administrated through face-to-face interviews of the sample farmers. Collected data were analyzed with descriptive statistics. The result of descriptive analysis revealed that the average family size of aromatic rice growers was 4.64 and 88.88 percent of total sample farmers were literate. Total costs for aromatic rice was estimated at Tk. 64446.51 per hectare and per hectare gross return of aromatic rice was Tk. 114243.71. Gross margin for aromatic rice was estimated at Tk. 59999.29 per hectare. Thus, the net return was estimated at Tk. 49797.20 for aromatic rice production. The undiscounted Benefit Cost Ratio on the basis of total cost was 1.77 implying that the aromatic rice production was highly profitable. Finally, some policy recommendations based on the findings of the study were suggested in the study.
Author Keywords: Aromatic rice, Production, Profitability, Financial analysis.
How to Cite this Article
Riffat Ara Zannat Tama, Ismat Ara Begum, Mohammad Jahangir Alam, and Shamina Islam, “Financial Profitability of Aromatic Rice Production in Some Selected Areas of Bangladesh,” International Journal of Innovation and Applied Studies, vol. 12, no. 1, pp. 235–242, July 2015.
