PROFITABILITY OF LOW LIFT PUMP AND INCOME INFLUENCING FACTORS OF LLP OWNERS AND USERS IN SOME SELECTED AREAS OF BHOLA DISTRICT*

The study examined the profitability of Low Lift Pump (LLPs) and income influencing factors of the owners and users of LLP. A purposive random sampling technique was used for collecting primary data from 74 LLP users and 30 LLP owners from January to March, 2010 through two sets of pre-tested que...

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Main Authors: Monoj Kumar Majumder, Md. Saidur Rahman, Ripon Kumar Mondal
Format: Article
Language:English
Published: International Journal of Food and Agricultural Economics 2013-07-01
Series:International Journal of Food and Agricultural Economics
Subjects:
Online Access:http://www.foodandagriculturejournal.com/129.pdf
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author Monoj Kumar Majumder
Md. Saidur Rahman
Ripon Kumar Mondal
author_facet Monoj Kumar Majumder
Md. Saidur Rahman
Ripon Kumar Mondal
author_sort Monoj Kumar Majumder
collection DOAJ
description The study examined the profitability of Low Lift Pump (LLPs) and income influencing factors of the owners and users of LLP. A purposive random sampling technique was used for collecting primary data from 74 LLP users and 30 LLP owners from January to March, 2010 through two sets of pre-tested questionnaires. Descriptive as well as statistical techniques were used in the study. Three discounting measures such as: BCR, NPV and IRR were selected for financial analysis taking 11 percent market interest rate (i.e. opportunity cost of the capital). BCR was 1.20, NPV was Tk. 35,673 and IRR was 47 percent from financial point of view which indicate LLP was a profitable business. Sensibility analysis also showed positive results when considering either O&M cost increased or gross return decreased by 10 percent. Crop and LLP machine were found main income source for the farmers and LLP owners respectively. The service, business and other family member’s income were found to be significant factors influencing the farm income.
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spelling doaj.art-eb44712a87ad4d61afec13340708e0622023-02-15T16:12:28ZengInternational Journal of Food and Agricultural EconomicsInternational Journal of Food and Agricultural Economics2147-89882013-07-0111129140PROFITABILITY OF LOW LIFT PUMP AND INCOME INFLUENCING FACTORS OF LLP OWNERS AND USERS IN SOME SELECTED AREAS OF BHOLA DISTRICT*Monoj Kumar Majumder0Md. Saidur Rahman1Ripon Kumar Mondal2Sher-e-Bangla Agricultural University, BangladeshBangladesh Agricultural University, BangladeshSher-e-Bangla Agricultural University, BangladeshThe study examined the profitability of Low Lift Pump (LLPs) and income influencing factors of the owners and users of LLP. A purposive random sampling technique was used for collecting primary data from 74 LLP users and 30 LLP owners from January to March, 2010 through two sets of pre-tested questionnaires. Descriptive as well as statistical techniques were used in the study. Three discounting measures such as: BCR, NPV and IRR were selected for financial analysis taking 11 percent market interest rate (i.e. opportunity cost of the capital). BCR was 1.20, NPV was Tk. 35,673 and IRR was 47 percent from financial point of view which indicate LLP was a profitable business. Sensibility analysis also showed positive results when considering either O&M cost increased or gross return decreased by 10 percent. Crop and LLP machine were found main income source for the farmers and LLP owners respectively. The service, business and other family member’s income were found to be significant factors influencing the farm income.http://www.foodandagriculturejournal.com/129.pdfLLPProfitabilityO&MBCRNPVIRR
spellingShingle Monoj Kumar Majumder
Md. Saidur Rahman
Ripon Kumar Mondal
PROFITABILITY OF LOW LIFT PUMP AND INCOME INFLUENCING FACTORS OF LLP OWNERS AND USERS IN SOME SELECTED AREAS OF BHOLA DISTRICT*
International Journal of Food and Agricultural Economics
LLP
Profitability
O&M
BCR
NPV
IRR
title PROFITABILITY OF LOW LIFT PUMP AND INCOME INFLUENCING FACTORS OF LLP OWNERS AND USERS IN SOME SELECTED AREAS OF BHOLA DISTRICT*
title_full PROFITABILITY OF LOW LIFT PUMP AND INCOME INFLUENCING FACTORS OF LLP OWNERS AND USERS IN SOME SELECTED AREAS OF BHOLA DISTRICT*
title_fullStr PROFITABILITY OF LOW LIFT PUMP AND INCOME INFLUENCING FACTORS OF LLP OWNERS AND USERS IN SOME SELECTED AREAS OF BHOLA DISTRICT*
title_full_unstemmed PROFITABILITY OF LOW LIFT PUMP AND INCOME INFLUENCING FACTORS OF LLP OWNERS AND USERS IN SOME SELECTED AREAS OF BHOLA DISTRICT*
title_short PROFITABILITY OF LOW LIFT PUMP AND INCOME INFLUENCING FACTORS OF LLP OWNERS AND USERS IN SOME SELECTED AREAS OF BHOLA DISTRICT*
title_sort profitability of low lift pump and income influencing factors of llp owners and users in some selected areas of bhola district
topic LLP
Profitability
O&M
BCR
NPV
IRR
url http://www.foodandagriculturejournal.com/129.pdf
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AT mdsaidurrahman profitabilityoflowliftpumpandincomeinfluencingfactorsofllpownersandusersinsomeselectedareasofbholadistrict
AT riponkumarmondal profitabilityoflowliftpumpandincomeinfluencingfactorsofllpownersandusersinsomeselectedareasofbholadistrict