Trend of Agro Products in Bangladesh
Preface:
As a part of the educational program in post Graduate Diploma in Industrial Management at Bangladesh institute of Management we have had to present an assignment under the course of Managerial Economics. In this context we have created a group named as Padma consisting three members and choose the subject on Business trend of Agro based processed food in Bangladesh. We have chosen the topic since the country like Bangladesh highly populated in nature faces the biggest challenge as feeding the people. On the other hand agro food processing sector helps most in the direct and indirect employment generation in rural area. To prepare this paper we have taken help from the world Banks study on Bangladesh development series paper 21, ILO report on Skills for trade and economic diversification in Bangladesh 2011 and Bangladesh Bureau of Statistics. We express our gratitude to the authors and publishers of those studies and book.
Md. Golam Morshed,
Md. Zakir Hossain,
Md. Moniruzzaman.
Executive Summary:
Bangladesh’s economy has grown well in last two decades. Real Growth was about 5 percent in 1990s, and 5.8 percent in the first decade of twenty First Century. The Government’s vision 21 envisages that growth will accelerate, reaching 10 percent in 2021. According to the industrial survey data from the Bangladesh Bureau of Statistics, the agro-food sector contributed 4.7% of GDP and 1.1% of total employment in 2005/06. According to the World Bank report on High Value Agriculture in Bangladesh in 2008, Bangladesh development Series paper no. 21 there were 6,139 companies operating in the agro food processing sector. Over 90% of these firms were found to be small (<50 employees). It shows that around two third of the agro-food firms are located in the rural areas and roughly 70% of the rural jobs are related to the food processing. The major processing firms engaged in the three major areas as Milling: Rice, pulse etc. Grinding: Flour, Spices etc. and
As a part of the educational program in post Graduate Diploma in Industrial Management at Bangladesh institute of Management we have had to present an assignment under the course of Managerial Economics. In this context we have created a group named as Padma consisting three members and choose the subject on Business trend of Agro based processed food in Bangladesh. We have chosen the topic since the country like Bangladesh highly populated in nature faces the biggest challenge as feeding the people. On the other hand agro food processing sector helps most in the direct and indirect employment generation in rural area. To prepare this paper we have taken help from the world Banks study on Bangladesh development series paper 21, ILO report on Skills for trade and economic diversification in Bangladesh 2011 and Bangladesh Bureau of Statistics. We express our gratitude to the authors and publishers of those studies and book.
Md. Golam Morshed,
Md. Zakir Hossain,
Md. Moniruzzaman.
Executive Summary:
Bangladesh’s economy has grown well in last two decades. Real Growth was about 5 percent in 1990s, and 5.8 percent in the first decade of twenty First Century. The Government’s vision 21 envisages that growth will accelerate, reaching 10 percent in 2021. According to the industrial survey data from the Bangladesh Bureau of Statistics, the agro-food sector contributed 4.7% of GDP and 1.1% of total employment in 2005/06. According to the World Bank report on High Value Agriculture in Bangladesh in 2008, Bangladesh development Series paper no. 21 there were 6,139 companies operating in the agro food processing sector. Over 90% of these firms were found to be small (<50 employees). It shows that around two third of the agro-food firms are located in the rural areas and roughly 70% of the rural jobs are related to the food processing. The major processing firms engaged in the three major areas as Milling: Rice, pulse etc. Grinding: Flour, Spices etc. and