Chapter (1,

AIUB Bus Econ Working Paper Series, 2011

Agribusiness is one of the most challenging businesses today. Bangladesh depends largely on agribusiness because agriculture still plays a dominant role in the economy. Given the high importance of this topic, this study has been undertaken in the context of ecological imbalances and global warming that is creating serious food insecurity. The authors' argue that agrarian reform is required for increasing productivity in agricultural, strengthening agribusiness, efficient utilization of natural resources, and improved code of conduct for the organizations involved in the business processes. Agricultural products need financing as well as proper marketing strategies and better value chain needs to be created. Bangladesh can sustain long run macroeconomic stabilization by reducing deficit between demand and supply and achieving economic progress, and reducing unemployment and mass poverty through proper development and implementation of agro-business strategies. The growth of this business may also help improve the balance of trade position of the country.

Economy of Region, 2014

Bangladesh cannot sustain long-run economic progress without having a strong agricultural sector accompanied by a dynamic agribusiness sub-sector. This study has been undertaken as an exploratory study to assess the role and significance of agribusiness in Bangladesh along with the current status and future potentials. Various institutional and other weaknesses and challenges were deemed to exist in the country that prevents full realization of the potentials of this industry. At a general level, the paper recommends various structural, institutional, and market-friendly policy reforms accompanied by infrastructural developments in order to encourage entrepreneurship, innovation, and investments along with better and more effective strategic management of this sector. Such reforms are expected to promote better utilization of scarce resources to promote a strong, dynamic, and sustainable agribusiness sector that would be able to contribute substantially to industrialization and economic development of the country.

Commercial floriculture has emerged as one of the most important and lucrative profession in Bangladesh. The study was conducted in Dhaka and Narayanganj districts of Bangladesh during 2010-2011 to assess the socioeconomic status and profitability of flower production. Based on area, production and market priority, three flowers namely rose, gladiolus and marigold were selected for the study. A total of 60 farmers out of which 30 farmers from Dhaka district and 30 farmers from Narayanganj district were selected randomly to meet the objectives of the study. The highest percent of farmers came from the age group of 31 to 40 years and had primary level of education. The average annual income of farm was estimated at Tk. 195000 of which 56% came from agriculture. Per hectare gross cost of producing rose, gladiolus and marigold were Tk.530238, Tk. 857524 and Tk. 197955, respectively and average gross cost of producing these three flowers was Tk.528572.Per hectare gross return from rose, gladiolus and marigold amounted at Tk. 849609, Tk. 1488953and Tk. 344035, respectively and gross return of these flower combinations was estimated at Tk. 894199. Net returns from rose, gladiolus and marigold were Tk. 319372, Tk. 631429 and Tk. 146081, respectively and net return of these flower combinations was estimated at Tk. 365627. Benefit-cost ratio of rose was1.60, gladiolus was1.73 and marigold was1.74 and average BCR of these three flowers was 1.69 which implies that flower production was profitable in the study area.

Although modern economy is largely dependent on industrialization, agriculture remains the lifeblood for the economy of Bangladesh. Agriculture has been functioning in Bangladesh since long as a catalyst for sustainable development and growth of the country. Over time, the share of agriculture in GDP has significantly declined in Bangladesh but the contribution of agriculture to non-agricultural growth has maintained an upward trend. Thus, agricultural sector remains an irreplaceable driving force for economic growth of the country. Based on secondary data, the study intends to describe the role of agriculture in the economy of Bangladesh with a focus on problems and challenges of the sector. The main reason behind the loss of agricultural land in Bangladesh is the growth of rural housing followed by urbanization and industrialization. Residences of increasing population of the country are expanding at the cost of agricultural land. Despite many prospects of agriculture sector, some challenges are still present there. In order to address the challenges, a number of collaborative and coordinated steps should be initiated. As the food security is a major concern for Bangladesh, necessary steps should be taken to conserve agricultural land from its shifting to non-agricultural utilization.

2019

Agriculture sector plays an important role in overall economic development of Bangladesh. A plurality of Bangladeshis earns their living from agriculture. Agriculture is the largest employment sector in Bangladesh. Bangladesh is a fertile agrarian country where agriculture and its related branches have been acting as the main livelihood of major portion of citizen since independence. Agro-industry is playing increasingly important role in achieving sustainable development goal as well as faster economic growth in many developing countries like Bangladesh. To meet the domestic food demand and to create self-employment, young generation has diverted their profession to this potential sector by being an agripreneur. Considering the prospect and challenges of agro-industry, it is evident that agro-industry friendly attitude of the government as well as essential policies are necessary for the development and growth of this sector. Vibrant agro-industrial activities can expand the market...

Bangladesh Journal of Agricultural Research, 2010

Crop agriculture in Bangladesh is constrained every year by challenges, such as a) Loss of Arabie Land, b) Population Growth, c) Climate Changes, d) Inadequate Management Practices, e) Unfair Price of Produces, and f) Insufficient Investment in Research. In Bangladesh, about 80,000 ha of arable land are going out of production every year. The loss is alarming and needs to be addressed immediately. The land use policy of the government should be updated and implemented immediately to stop further loss of arable land. Another problem to agriculture is the increase in the growth of population. The twin problem of arable land loss and population growth needs to be addressed simultaneously to ensure sustainable crop production. Country's crop production is also affected frequently by flood, drought, and salinity. Varieties/technologies tolerant to these natural hazards need to be developed. Renewable energy, reduction in the use of fossil fuels, and afforestation are recommended to m...

2016

Bangladesh agriculture has made remarkable progress in terms of production and diversification towards high value crops and non-crop agriculture over time. All sub-sectors (crop, forestry, animal farming and fisheries) of agriculture have registered substantial growth. Agricultural GDP has increased by 5.6 times since independence. On the other hand, Total GDP has increased by 20.8 times. Per capita income (GNI) has increased by 6.2 times, from 211 dollars to 1,314 dollars. Bangladesh has achieved lower middle income country status in 2015 by the World Bank. Average growth in agricultural GDP reached 3.5% during the Sixth Five Year Plan (FY2010/11 to FY2014/15), along with exceptional performance during FY2010 and FY2011 (GoB, 2015; p. 289). The achievement of food self-sufficiency is a major milestone for the country. Steady progress with diversification in favour of fish, meat and vegetable production has also contributed to the nutritional improvement. Despite remarkable increase in value of agriculture over the last four decades and particularly during the Sixth FYP, its share has been declining with the expansion of non-agriculture sectors (manufacturing and services) in both urban and rural areas. Share of agriculture to the GDP has declined to 15.6 percent in 2014/15 from 58.4 percent in 1973/74. This transformation is in line with the national economic goal. Agriculture sector continues to be the largest employing sector in the economy. Number of persons engaged in agriculture, forestry and fisheries has increased from 16.4 million in 1983/84 to 25.7 million in 2010. However, the share of employment in agriculture to the total employment in the country declined to 47.3 percent in 2010 from 51.7 percent in 2002-03. Agriculture sector will play an important role in achieving overall goal of "accelerating growth, empowering citizens" during the Seventh Five Year Plan (FY2015/16 to FY2020/21). Agriculture will be the mainstay for ensuring food and nutrition security, and poverty reduction in the country.

2020

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