Awareness among farmers and economic aspects about Mangrol groundnut producer company Ltd. of Junagadh district

Abstract

The producer company is a hybrid of cooperative society and private limited company. The producer company is limited by share capital. The shares of the company are not publically tradable. It is transferable only to the members of the company by taking the permission of the Board of Directors. Tabular method was used to measure the economic aspects of MMPC. Two stages sampling technique was used for selection of sample farmers. The statistical tools adopted for the analysis of data regarding awareness among farmers about MMPC was probit model. It is revealed that the awareness among farmers about MMPC was influenced by education level found highly significant and institutional participation, extension agency contact of farmers and habit of reading newspaper were significant at 5 per cent. From the study of cost and return of groundnut processing, it was observed that business of value addition was profitable for the MMPC by traditional method done through process outsourcing. However, it would be more profitable by adopting its own processing plant by traditional method.