AN ECONOMIC ANALYSIS OF FARM PRODUCE PROMOTION SOCIETY (FAPRO)-A CASE STUDY
Loading...
Date
2013
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
PAU Ludhiana
Abstract
The present study was conducted to examine the economics of value addition and to
estimate the extent of employment generation through value addition activities of FAPRO
(Farm Produce Promotion Society). The study was based on both primary and secondary data.
The secondary data were collected from audit reports and accounts maintained by the
organization. The primary data were also collected from 40 turmeric growers and 10
beekeepers who were the members of FAPRO. Apart from the economics of cultivation at the
farm level, the data were also collected on various activities being undertaken by FAPRO.
The processing of turmeric gave net profits of Rs 2838/q with the resulting benefit-cost ratio
of 1:1.31. The processing of honey gave net profits of Rs 4310/q with the benefit-cost ratio of
1:1.32. The capacity utilization of FAPRO was very low at 4.67 per cent for turmeric and 3.50
per cent for honey processing. Approximately 2300 man days of employment was generated
at the FAPRO premises for processing of turmeric and honey. In addition, turmeric
cultivation generated the demand for 33 man days per acre for its cultivation. A colony of 100
boxes also resulted into 162 man days of labour requirement. The lack of modern machines
and equipment, under-utilization of installed capacity and problems of marketing were the
major constraints of FAPRO. Improvement in the quality, increased expenditure on
advertisement and publicity, improved packaging and increase in capacity utilization are
necessary for improving the economic performance of FAPRO in future.
Description
Keywords
null