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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Format: | Article |
Language: | English |
Published: |
International Journal of Food and Agricultural Economics
2013-07-01
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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. |
first_indexed | 2024-04-10T13:14:13Z |
format | Article |
id | doaj.art-eb44712a87ad4d61afec13340708e062 |
institution | Directory Open Access Journal |
issn | 2147-8988 |
language | English |
last_indexed | 2024-04-10T13:14:13Z |
publishDate | 2013-07-01 |
publisher | International Journal of Food and Agricultural Economics |
record_format | Article |
series | International Journal of Food and Agricultural Economics |
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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