BUSINESS PERFORMANCE OF VANDANA SELF HELP GROUP (SHG): A CASE STUDY OF KORIYA DISTRICT OF CHHATTISGARH
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Date
2020
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Indira Gandhi Krishi Vishwavidyalaya, Raipur (C.G.)
Abstract
Self Help Group (SHG) is a small association of people, ideal from the same socio-economic background. Its approach is a new pattern in the field of rural developments whose main objective is to raise the well-being of the people and to develop collective decision-making among members & motivate members to take part in social duties particularly related to development. It is initiated as a self-employment program.
Self Help group is a village-based financial mediator community of not more than 10-20 people. It helps people who do not have access to form financial structure. SHGs works as an assembly to provide support and space
Vandana self-help group is purposively selected for the present study which is situated in the Koriya district of Chhattisgarh. The present study is based on primary data collected from the Vandana self-help group by a personal interview with the help of pre-tested well-prepared interview schedules covering various aspects to answer the objective of this study. It was found that the Vandana self-help group produces vermicompost and they were using a constructed method for vermicompost production. The information collected from the Vandana SHG was edited for accuracies and adequacies and cross-examined before they were subjected to tubular analysis. The primary data were classified and tabulated in the light of given objectives and analyzed as per the appropriate economics tools. To calculate resource productivity and marketing cost of vermicompost. To study the problems faced by the Vandana self-help group in the production and marketing of vermicompost.
The study disclosed that the per bed production of vermicompost was 40qt. because in the constructed method vermicompost is produced in 4 cycles. Net income on the total cost was Rs.15816. The benefit-cost ratio of per bed was (1:0.6). The total cost of vermicompost production per bed was Rs.24184. The total production of vermicompost by Vandana SHG was 3680qt. because of 92 beds in their constructed unit. Net income on the total cost was Rs.1455072. The benefit-cost ratio was (1.0.6). The Total cost of vermicompost production for 92 beds per year was Rs.2224928 in the constructed method.
It is observed that the marketing channel for Vandana self- help group was the producer-consumer channel and producer- Retailer- consumer channel. It is noted that vermicompost distribution through the producer-retailer-consumer channel was more used by the Vandana self-help group than other channels of distribution. Attacks of ants to the vermicompost, lack of market information, low price for vermicompost were some of the major constraints faced by the Vandana self-help group.
Suggestions for future work are as follows- 1) Training facilities should provide proper guidance for interested new producers of vermicompost, which helps them to understand the production process of vermicompost. 2) The government of India should provide subsidies to vermicompost producing units to motivate and encourage new producers. 3) Time to time availability of market-related information through new paper, news channels, market intelligence, etc. From this Marketing intelligence, they know the price rise and price drop of commodity, marketing demand, etc.
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BUSINESS PERFORMANCE OF VANDANA SELF HELP GROUP (SHG): A CASE STUDY OF KORIYA DISTRICT OF CHHATTISGARH