Year: 2023 | Month: December | Volume 68 | Issue 4
Economic Analysis of Women Agri Startups in Manipur
Heikham Narmila Devi
Nivedita Deka and Heikham Naresh
Agri-business venture is an emerging need in the country for seamless integration of on-farm and nonfarm employment. This present paper is an attempt to investigate the production, investment feasibility, and problems faced by startups. A stratified random sampling was followed and the startup producing a similar type of product was aggregated to make 4 (four) product groups and from each group 2 (two) startups were selected. The study revealed that the business of the selected women agri startups is economically feasible and viable. The findings show that the profit earned by the Group I startups is comparatively higher than the other selected startups. The cost of production resulted higher in Group II (` 62,92,221). The benefit-cost ratio based on variable cost and total cost resulted higher in Group I by 1.53 and 1.51 respectively. Major problems faced by the startups were due to lack of funding or capital, poor transportation facilities, lack of entrepreneurial development training, non-availability of skilled workers/weavers, lack of guidelines and technical assistance, etc. Hence, the help of incubators, financial institutions, and provisions of entrepreneurial training by the government can boost the growth of the business.
- Manipur with vast natural resources has great potential for agribusiness activities.
- Value-added fruit products, meat and dairy products resulted to be a profitable business.
- Shortage of machinery resulted in the utilization of additional human resources leading to more employment.
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited
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