RDRS Bangladesh Seasonal Loan Impact on Rice Production: A Study in Rangpur District

Abstract

Abstract:Agriculture sector plays an important role in the economic development of Bangladesh. Rice is an important and most cultivated crop because it is an essential ingredient for food consumption. Seasonal loan plays a vital role in agricultural farming. This study examines the impact of seasonal loan on the Rice production in Badarganj Upazila of Rangpur district, Bangladesh. Data were collected from 55 small & medium scale rural farmers, who were categorized into credit borrower and non-borrower of seasonal-loan based. The results revealed that total cost per acre land of credit user farmers is 34590.24 taka which lower than that of non-credit user farmers is 36801.6 taka. Rice productions of seasonal loan borrowers per acre were 2.89 M.ton. Rice productions of seasonal loan non-borrowers per acre were 2.86 M.ton. Per unit price of Rice is 13925 taka in case of borrower. Per unit price of Rice is 14530 taka in case of non-borrower. Total value of Rice in case of borrowers is 40243.25 taka, but total value of Rice for non-borrower is 41555.8 taka. Net return of SL non-borrower per acre Rice field is 8354.2 taka. Net return of SL borrower per acre Rice field was 9253.01 taka. It was observed from the study that the beneficiaries of seasonal loans in the study area were more productive than the non-beneficiaries. Hence, this study recommends that organization should be provided more facility to the credit borrower for increasing Rice production & profit.