Socio-Economics of herbal processing units in Himachal Pradesh

Sukhjinder Singh and Sharanjit Singh Dhillon
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Sukhjinder Singh: C.S.I.R.- IHBT
Sharanjit Singh Dhillon: Guru Nanak Dev University

Russian Journal of Agricultural and Socio-Economic Sciences, 2015, vol. 39, issue 3, 3-8

Abstract: The study was designed to investigate the economics of herbal industrial units in Himachal Pradesh. Most of the herbal industries are organized as sole proprietorship followed by partnership, private, co-operative and private. Most of the entrepreneurs of herbal industrial units in H.P. were having experience 21 to 30 years. As an entrepreneur of herbal industry in H.P., Technical graduates (BAMS) were high in as compared to graduates other than BAMS. Profitability analysis revealed that herbal processing industry is a profitable venture. Multiple regression analysis showed that explanatory variables positively affecting the gross return of herbal industry of H.P. were found to be; expenses on packaging and qualification (number of years of schooling).

Keywords: HERBAL INDUSTRY; SOCIO-ECONOMIC CHARACTERS; COST; NET RETURNS; MULTIPLE REGRESSIONS (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:scn:031261:16082019

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