FINANCIAL PROFITABILITY OF GINGER CULTIVATION IN SOME SELECTED AREAS OF NILPHAMARI DISTRICT IN BANGLADESH

Abstract

The study assessed the cost and return of ginger cultivation in the study area and find out the factors affecting of ginger cultivation and also identify the problems to ginger cultivation. This study applied Cobb-Douglas production function to achieve set objectives. The study conducted in four villages of Nilphamari sadar upazilla of Nilphamari district. Primary data were used for this study. Analysis revealed that, per hectare gross return, net return and gross margin were found Tk. 897150, Tk. 508681 and Tk. 568902 respectively. Total cost of ginger cultivation was calculated at Tk. 388469 per hectare. Benefit Cost Ratio (BCR) was found 2.31. It implied that ginger cultivation was highly profitable. From Cobb-Douglas production function, it was observed that the coefficients of land preparation cost, cowdung use, use of MP, human labor cost and cost of irrigation were positively significant for influencing the yield of ginger cultivation but cost of seed was negatively significant and the coefficients of use of urea, use of TSP and cost of pesticides was insignificant. Study also revealed that lack of scientific knowledge was the 1st problem followed by lack of marketing facilities and lack of extension services in the study areas.