Country Economy, Creation Cycle & Micro Credit Analysis of Vilaage Dhonokandi
RURAL OVERALL ECONOMY, PRODUCTION CYCLE & MICRO-CREDIT ANALYSIS
WELL PREPARED BY- Priyanka Barua (# 0821071)
Economy and " business changes the genius and fate of the nationвЂќ. Is it doesn't key to appreciate any region, region or perhaps locality's over all scenario. Today money is usually second goodness and overall economy gives all of us the power to comprehend and use the power of it. And that is why it is significant to understand the socio financial scenario of the country to be aware of it correctly. In case of Bangladesh, it is a country with inhabitants of about 162 millions with 75% in the population living still in rural areas. So we're able to say that to comprehend Bangladesh' asociado economy we must understand the non-urban economy 1st. The main supply of our countrywide income comes from agriculture and agro primarily based business which is the main livelihood of the most of people of provincial Bangladesh. And so agriculture is a base of the rural and then overall economic climate. That is why we have studied the availability method and cycle of various kinds of seeds in this section. Since Doctor Unus developed the concept of tiny credit, which includes vastly better and used by this rural people to improve their life normal. And that is why we now have tried to examine the facts of micro credit rating as well.
OVERVIEW ON THE SMALL TOWN
If I were required to choose one term to describe the village Dhonokandi economically, it must be Diverse. Diversity and ups and downs in the your life standards and financial system features given all of us a lot of opportunity to think and assess. Through the training course " LFE (Live in Field Experience)вЂќ we got the chance to experience of non-urban life by simply seeing & learning. About this great quest, we were designated with the small town named Dhonokandi from area Sylhet. It truly is under 4no Khadim Nagar Union, covering about 1 km square of area. Population is not more than multitude of. And the main occupation of the villagers is Farming. Plus some of the utilized to be villagers now reside in abroad. This is why besides farming, another income source is overseas money for that reason Remittance of the villager. Many people have shifted their career from classic to contemporary demand operate over the years; like mechanic, transportation worker, customize etc . The idea of micro credit has taken place in Dhonokandi as well. And for several purpose people take tiny credit by different NGO's. Rural individuals are so occupied in acquiring micro credit rating that for some of them it is hard to live devoid of. So NGO's like FIVDB or MANUBRIO or Grameen Bank takes on a important role in rural existence.
пЃ¶To identify the overall socio economic system of the community Dhonokandi. пЃ¶To identify the wealth rank of the village on the basis of their very own income level & living standard. пЃ¶To identify all their income source.
пЃ¶To find out the relation among life normal wealth ranking. пЃ¶To focus on the life of agriculture through production pattern. пЃ¶To identify the benefit a farmer gets or not really from farming through " cost income analysisвЂќ. пЃ¶To distinguish different facets of country economy.
пЃ¶To identify the functions of various NGOs.
пЃ¶To analyze the micro credit's contribution.
пЃ¶As the data were accumulated on the basis of a sample respondent, it might not be true for the entire village. пЃ¶Limitations on time to get data.
пЃ¶Communication gap involving the villager and us.
пЃ¶Villagers' ignorance that belongs to them condition.
пЃ¶Difference between the non-urban measurements and standard measurements.
WEALTH RANKING ANALYSIS
In Dhonokandi town on their foundation of economic climate we have have to see a number of variety in their income level and resource; therefore the wealth based category. The classes are,
1 . Rich Class
The students with the top income and buying power. This class individuals were at a medium level in our village. And one of the main sources of their very own income is definitely remittance. 2 . Upper Midsection Class
Your class lies among middle and rich category. Most of the villagers fall in this...