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Economic Affairs
Year : 2015, Volume : 60, Issue : 3
First page : ( 439) Last page : ( 444)
Print ISSN : 0424-2513. Online ISSN : 0976-4666.
Article DOI : 10.5958/0976-4666.2015.00062.5

Economic and Financial Efficiency of Farmers’ Produce Organisation: A Case Study of FAPRO in Hosiarpur District of Punjab

Talukdar Udeshna1,*, Vatta Kamal2

1Department of Agricultural Economics, Assam Agricultural University, Jorhat, India

2Department of Economics and Sociology, Punjab Agricultural University, Ludhiana, India

*Corresponding author: udeshna_talukdar07@yahoo.com

Online published on 3 December, 2015.

Abstract

The study was conducted in Ghugial village of Hoshiarpur district of Punjab during 2010–11 with an objective to examine the economic and financial efficiency of capital invested in Farms Produce Promotion Society (FAPRO). It was observed that the society earned augmented revenue with the grown in operational cost and the organization has increased rapidly. It played a proactive role in meeting the purpose of the society. Although B-C ratio has increased, current ratio was found moderate. Profit to asset ratio and profit to sales ratio were viable after few years with low capacity utilization. If the shortcomings can be met similar farmers’ organization can be imitated in other parts of the country especially for value addition of perishable products.

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Keywords

Farm produce organization, economic and financial efficiency.

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