This paper provides a framework for analysing land regeneration programmes
combining financial, economic and environmental aspects as applied to a woo
d plantation programme undertaken by a Tree Grower's Cooperative Society (T
GCS) established by the National Tree Growers' Cooperative Federation (NTGC
F), Anand, India. Mallanahally TGCS, situated in the southern part of Karna
taka state in India was selected and a survey was carried out. Benefit-cost
ratios and internal rate of return are worked out for various situations.
The paper also examines the role of cooperatives in managing plantation act
ivities and assesses the distributional aspects of the benefits of the plan
tations. The survey elicited information on the villagers' perceptions rega
rding benefits from and barriers to implementation of plantation programmes
. It is shown here that despite apparently unequal distribution of benefits
, the present arrangements preserve cooperation as each of the stakeholders
derive positive benefits. (C) 1999 Elsevier Science Ltd. All rights reserv
ed.