Cultivation techniques and Economics of Orchids in Bangladesh: a case study from two NGOs of Bangladesh
Abstract
Orchid is a perennial flowering plant which produces flowers of various colors, shapes, sizes and often with luscious scent. In Bangladesh, three NGOs are planting orchids in a large scale, out of which two NGOs were selected purposively as study sites. The sampling intensity was 66.67%. This study finds out the cost-benefit ratio for both of those NGOs (cost benefit ratio for Wonderland Toys 2.39 and for BRAC 2.17) and assures that orchid cultivation is a beneficial or promising sector. Other findings of this study are the environment of this country is favorable for orchid cultivation and lots of foreign currency can be earned by exporting it. So government should take proper initiatives for the flourishment of this sector as early as possible.