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WelcomeToOur Presentation

Presentation TopicElasticity of Agricultural Products in Bangladesh

OUR GROUP MEMBERSNAMEIDShazahan Miah ShajoM1516009Norol BasorM1516031Sanjana IslamM1516005Sumaia HanifM1516061Ishrat SharminM1516025

Over ViewIntroductionObjectives of the StudyElasticity ConceptDemand ConceptAnalysisAgricultural Products in BangladeshFindings Recommendation and Conclusion.

Elasticity

Why a product is called elastic or non elastic?

Elastic Agricultural products

RiceWheatOnionPotatoZingerJute

Agricultural Land use of Bangladesh

TYPES OF ELASTICITY

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Perfectly Elastic Demand

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Perfectly Inelastic Demand

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Relatively Elastic Demand

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Relatively Inelastic Demand

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Unitary Elastic Demand

The different types of price elasticity of demand are summarized

Elasticity On Supply

Perfectly Elastic Supply

Elasticity On Supply

Perfectly Inelastic Supply:

Elasticity On Supply

Highly Elastic Supply

Elasticity On Supply

Less Elastic Supply:

Elasticity On Supply

Unitary Elastic Supply:

Quick Recap Coefficients of Es

Elasticity of Agriculture products in Bangladesh

Rice

Continue .. .Wheat

PERFORMANCE OF BANGLADESH AGRICULTURE

In 1971 to 1990

1990s and early 2000s

In 2000 to 2015

Selected performance indicators related to agricultural growth and rice production

SFYP output proxy indicators2009-102010-112011-122012-132013-14Rate of growth in agricultural5.24%4.34%2.69%2.17%3.15%GDP in constant prices 2005-06Rice import dependency (3-year3.31%2.53%2.37%2.29%0.94%moving average)*Share of rice value added in total42.17%42.57%41.86%41.05%nafood value added in current priceShare of rice in total cropped land78.5%77.0%76.5%76.0%naHYV rice area as % total rice area79.4%81.5%82.4%82.8%78.4%(including boro hybrid)

Use and availability of different agricultural inputs

SFYP output proxy indicators2009-102010-112011-122012-132013-14Use of urea (000 MT)2409265222962247naUse of TSP (000 MT)420564678654naUse of MoP (000 MT)263482613571naSubsidies (billion taka)Urea19.7925.7123.2848.24na(-53.7%)(29.9%)(-9.5%)(107.2%)Non Urea20.9929.7146.2471.00na(162.0%)(41.5%)(55.6%)(53.5%)Total40.7855.4269.52119.0na(-19.6%)(35.9%)(25.4%)(71.2%)Agricultural creditbillion taka111.17212.84131.32146.67160.37disbursement% of target97%97%95%104%110%

Table 2.7: Public expenditure pattern for agriculture sector(Amount in Crore Taka)Ministry2014-152013-142012-132011-122010-11(Proposed)Agriculture (Total)12390 (5.23)12279 (6.23)14822 (9.52)9760 (7.19)8438 (7.17)Development1524133211119971025Fishery & Animal1344 (0.57)1066 (0.54)901 (0.58)933 (0.69)774 (0.66)Resources (Total)Development402460363411280Agriculture without13734 (5.79)13345 (6.77)15723 (10.10)10693 (7.88)9212 (7.83)Forestry (Total)Development19261792147414081305Environment & Forest911 (0.38)878 (0.45)862 (0.55)1235 (0.91)1116 (0.95)(Total)Development413387221278171Agriculture with14645 (6.18)14223 (7.22)16585 (10.65)11928 (8.79)10328 (8.77)Forestry (Total)Development23392179169516861476

Public expenditure pattern for agriculture sector

Comparison between others Countries

SWOT Analysis

StrengthsWeaknessThreatsOpportunities

Findings

RecommendationsI want to say, our agriculture sector developing day by day. Our agriculture products are more demanded day by day in foreign market. Its remove our unemployment. Agriculture sector keeps important role in our country.

ConclusionIn view of the fact that agriculture is the backbone of our national economy, top-priority should be given for the development of our agriculture. All time any government of Bangladesh has undertaken various programmers for the improvement of agriculture. Bangladesh Agriculture is now in the process of transformation from subsistence farming into commercial farming. Bangladesh has already entered into the European Market for export of vegetables and other high value crops.

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