FINANCIAL ANALYSIS OF PINEAPPLE CULTIVATION IN SOME SELECTED LOCATIONS OF RANGAMATI DISTRICT OF BANGLADESH

Abstract

The primary objective of this research was to ascertain the financial impact of pineapple farming on the socioeconomic status of farmers in certain chosen areas in Rangamati district (Naniarchar Upazila & Bandukvanga union). Additionally, the research sought to determine the link between the farmers chosen attributes and their higher revenue from the unit area. The research was undertaken in November and December of 2021. Ninety farmers were chosen at random to form the study's sample. The researcher gathered, compiled, and analyzed data in accordance with the study's objectives. The majority of respondents were of middle age, had a basic education, owned a mediumsized farm and had a modest family size. The farmers reported a high yearly income, a

moderate

level of organizational engagement, and a moderate level of extension contact. It was discovered that most of farmers had no instruction in pineapple farming. The majority of farmers have adequate understanding about pineapple growing and a good attitude toward it. Banana, turmeric, and ginger are the primary crops intercropped with pineapple to maximize land usage and economic return. The majority of farmers earned a good living from their pineapple growing. The farmer's level of living, housing conditions, and dietary habits have all improved significantly as a result of pineapple cultivation. Cobb-Douglas production function was used to satisfy the objectives. Per hectare variable cost and total cost of production were Tk. 251107 and Tk. 265757 respectively. The average gross return, gross margin and net return were Tk. 605000, Tk. 383893 and 339243. The Benefit Cost Ratio (BCR) for pineapple cultivation was determined 2.28. while the regression coefficients for Labour cost (X1), Urea cost (X2), MOP cost (X4), Harvesting (X6) were all positive and significant at various levels of significance, the coefficients for TSP cost (X3), Hormone cost (X5) and Sucker cost (X7) were not significant. The positive indication shows that the return on pineapple cultivation can enhanced and the negative sign suggests that the return may be decreased, as a result it was discovered that pineapple cultivation was very profitable. Additionally, this research highlighted a number of problems and constrains related with pineapple cultivation. These were classified as economic, technological, social and marketing problems and needs attention of the appropriate authority.